Pricing
All backtests are pay-as-you-go. They are charged based on number of positions in the backtest along with the duration of the backtest.
Each position is charged $0.50 for the full available backtest duration (2016 to present).
A "position" is considered a single strategy or position type such as "a strangle" which has its own entry and exit conditions. You can add up to 8 positions to a single backtest, like 4 condors, 2 strangles, and 2 short puts. Each position is charged at the same rate regardless of how many trades come out of that position. For more on this, you can refer to our section on Terminology.
If you shorten the length (start and end date) of your backtest, we'll reduce the charge based on the new backtest duration. You can run a backtest for 1 month for less than a penny! The charge comes out of your Whispertrades account balance when the backtest finishes running. Your balance must be sufficient to cover any backtest before running it.
- 1 strangle for the entire available duration = $0.50
- 1 put credit spread for one month = ~$0.007
- 1 strangle and 1 long call for the entire available duration = $1.00
- 4 short puts for 3 years = ~$0.93
Remember, a "position" is not the same thing as a "trade"! A position can be seen as a strategy that generates trades throughout the backtest. You are charged per position, not trade.
As you add/remove positions and change the date range on a backtest, its run charge will change. This run charge is always visible towards the top of the backtest before you run it:
You'll also receive final confirmation of the charge before running a backtest.
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