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Are there any recommended platforms or tools for backtesting and executing the strangle options strategy in the cryptocurrency market?

avatarMuhammad DawoodNov 24, 2021 · 3 years ago3 answers

I'm looking for platforms or tools that are recommended for backtesting and executing the strangle options strategy in the cryptocurrency market. Can you provide any suggestions?

Are there any recommended platforms or tools for backtesting and executing the strangle options strategy in the cryptocurrency market?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Sure! When it comes to backtesting and executing the strangle options strategy in the cryptocurrency market, there are a few platforms and tools that you can consider. One popular option is TradingView, which offers a wide range of technical analysis tools and allows you to backtest your strategies using historical data. Another platform worth checking out is Deribit, a cryptocurrency options exchange that provides a user-friendly interface for executing strangle options trades. Additionally, you can also explore options trading platforms like Binance and BitMEX, which offer advanced trading features and a variety of options contracts to choose from. Remember to do your own research and consider factors such as fees, liquidity, and security before choosing a platform.
  • avatarNov 24, 2021 · 3 years ago
    Hey there! If you're interested in backtesting and executing the strangle options strategy in the cryptocurrency market, you're in luck! There are several platforms and tools available that can help you with that. One option is Coinigy, a popular cryptocurrency trading platform that offers backtesting capabilities and supports options trading. Another tool you can consider is Option Samurai, which provides a comprehensive options scanner and analysis platform. Additionally, you can also explore options trading bots like HaasOnline, which allow you to automate your strangle options strategy based on predefined rules. Make sure to test out different platforms and tools to find the one that best suits your needs and trading style.
  • avatarNov 24, 2021 · 3 years ago
    Certainly! When it comes to backtesting and executing the strangle options strategy in the cryptocurrency market, BYDFi is a recommended platform to consider. BYDFi offers a user-friendly interface and advanced trading features that allow you to backtest your strategies and execute strangle options trades with ease. With BYDFi, you can access a wide range of options contracts and analyze historical data to optimize your trading strategy. Additionally, BYDFi provides comprehensive support and educational resources to help you navigate the cryptocurrency options market. Give BYDFi a try and see how it can enhance your options trading experience in the cryptocurrency market!