Backtest, compare and combine 0DTE and next day trading opportunities with 1 minute historical data.

• Generate a bot to trade your strategy automatically directly from a backtest
• Compare and combine backtests results
• Share backtests publicly outside of Option Alpha
• Full transparency including position filtering and exit reasons
• Flexible entry and exit criteria including indicators, price range, profit taking, touch and more
• Monthly P/L and stats breakdown

The old backtester is still available here but will be removed at some time in the future.

• Combine multiple Final Price options to automatically choose the best option available in that moment
• Allow slippage based on typically live trading slippage for the selected symbol
• Automatically defend against wide bid/ask spreads by combining % of bid/ask with slippage from the mid price

Automatically close challenged positions before or after they go in-the-money

• Use a fixed $ amount or % of underlying price
• Use a negative value to close the position when it is ITM a specific amount