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Comparison

AlgoTest Alternative for Advanced Backtesting & Algo Development

TM
TradeMade Quant Team
5-minute read

Looking for an AlgoTest alternative?

AlgoTest is built around strategy testing and analysis for traders, particularly options traders.

If your requirement goes beyond testing an existing strategy—and you need custom quantitative research, bespoke algorithm development, or production deployment—TradeMade provides an end-to-end alternative.

Research → Backtest → Build → Deploy

Talk to a Quant Engineer

AlgoTest vs TradeMade

FeatureAlgoTestTradeMade
Strategy backtesting✓✓
Options backtesting✓✓
Strategy analysis✓✓
Tick-level data—✓
Realistic slippage modelling✓✓
Custom strategy developmentLimited✓
Python development—✓
C++ development—✓
Custom broker/API integration—✓
Multi-account execution✓✓
Custom execution systems—✓
Prop-desk infrastructure—✓
Quant engineering—✓

*Capabilities can change as products evolve. Verify specific features with the respective provider before making a purchasing decision.


AlgoTest is great for testing. What if you need more?

A backtesting platform answers an important question:

"Would this strategy have worked historically?"

But professional strategy development often requires more:

"Can we research it, validate it, engineer it and deploy it reliably?"

That's where TradeMade focuses.


High-precision strategy backtesting

Test strategies against historical NSE/BSE market data with realistic assumptions.

Analyse:

  • Entry and exit behaviour
  • Slippage
  • Brokerage and transaction costs
  • Drawdown & Sharpe ratio
  • Win rate & Trade distribution
  • Portfolio performance
  • Parameter sensitivity
  • Walk-forward performance
  • Monte Carlo scenarios

The objective isn't simply to find a profitable backtest.

It's to understand how robust the strategy actually is.


Custom Algo Development

Already have the strategy? We can build it.

Give us:

TradingView alertsExcel rulesAFL / Pine / Python codeStrategy documentationPlain-English rules

Our team can convert the logic into a custom algorithm and connect it with your broker infrastructure.

Supported development can include Python, C++ and other technologies depending on the system requirements.


Built for complex strategies

TradeMade can work on systems involving:

Options

Multi-leg options strategies, spreads, hedging and portfolio-level execution.

Equities & Futures

Systematic entry, exit, position sizing and risk-management logic.

Multi-account systems

Execute strategies across multiple trading accounts with appropriate controls.

Custom infrastructure

Build bespoke execution and integration layers around your strategy.


From backtest to deployment

Step 01

Research

Define the strategy and market assumptions.

Step 02

Backtest

Test historical performance with realistic costs.

Step 03

Validate

Stress-test the strategy and analyse robustness.

Step 04

Develop

Build the production-grade algorithm.

Step 05

Deploy

Connect with your broker and move towards live execution.


Who is TradeMade for?

Systematic Traders

For traders who have an edge but don't want to build the technology themselves.

SEBI RAs

For strategy creators managing systematic strategies across client accounts.

Prop Desks

For teams requiring custom execution and infrastructure.

Quant Teams

For research and engineering requirements that don't fit inside an off-the-shelf platform.


More than a backtesting platform

TradeMade brings together:

Backtesting
High-precision historical strategy testing.
Quant Development
Custom strategy engineering.
Execution
Broker/API connectivity and automated deployment.
Infrastructure
Systems designed around your specific trading requirements.

Have a strategy worth building?

Don't stop at the backtest.

Backtest it. Validate it. Build it. Deploy it.

Talk to the TradeMade Quant Team →
TradeMade.

Quantitative trading infrastructure for Indian markets.