Brave New Coin is the best source of crypto data for backtesting and developing your cryptocurrency trading system. In this post I will explain why, how to subscribe and how to import your crypto data into Amibroker for backtesting.
I use the Brave New Coin crypto data for system development, testing and optimization. For day to day trading I use data directly from the exchanges I trade with.
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The process for importing Brave New Coin data into Amibroker for backtesting is illustrated in the screenshots below…
2. Open Amibroker, and create a new database specifically for the BNC data
3. Use the Amibroker Import Wizard to Import the BNC Cryptocurrency Data
4. Create a Watchlist for the ‘GWA’ Tokens for Backtesting
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I watched the video – I see how we make the database. Do we need to do that processs to update each day or is there a smaller update file?
Hi Jordan,
Thanks for your great question… as I think I mentioned in the post, you can’t practically use BNC data for live trading because it is not released in a timely manner each day. You need the data to be downloadable within minutes of the new daily bar… BNC data is only available hours later. In The Crypto Success System, you get a custom built EOD data downloader which downloads the data from various exchanges and imports it into Amibroker in a very timely manner – this is what I use for live trading. I use BNC data for backtesting and system development.
Hope that helps.
Adrian