Backtest
When it comes to Backtest - Level2 provides two solutions:
- Realtime Backtest
- Comprehensive Backtest
Realtime Backtest
Realtime Backtest utilises 1500 historical datapoints to compute performance of the strategies and hence is quick in delivering the results. The broker can either use our realtime backtest api or if they are already using the visual strategy builder in their interface then we support that by default.
Comprehensive Backtest
Comprehensive Backtest requires more datapoints to compute performance of the strategies and hence is a bit slower in delivering the results. Level2 provides a default Backtest screen that the brokers can reuse. Additionally, if the brokers want to render their own layout then they can use Level2's backtest api.
Market Data for Backtest
Level2 uses Broker's market data via Broker's APIs