Understanding Veles Finance’s backtests: Tools, data quality, and strategy insights

In crypto trading, most ideas begin the same way: with a hypothesis. A pattern on a chart, a reaction to market news, or an observed rhythm in price movements can quickly turn into a trading strategy. But knowing whether that idea actually works is a different story. The crypto market moves fast. Therefore, strategies that once appeared convincing in a moment of volatility often fall short when applied over weeks or months of real historical conditions. 

That’s where backtesting becomes essential. Instead of relying on intuition or short-term observation, traders can recreate how a strategy would have behaved in past markets. As a result, it turns any trading idea into a tangible, measurable strategy, exposing strengths, weaknesses, and risks long before any real capital is involved.

As backtesting becomes a more standard part of responsible crypto trading, platforms offering reliable historical data and analytical tools have grown in importance. Veles Finance is one of the platforms stepping into this space, providing a structured environment for traders to test, refine, and understand their strategies before deployment.

What is backtesting, and why is it important? 

Backtesting is the process of running a trading strategy against historical market data to understand how it would have performed under real conditions. Instead of relying on intuition or a few promising chart patterns, traders can simulate how their rules would have reacted to different phases of the market. This gives a clearer sense of a strategy’s behaviour over time, rather than a snapshot based on limited observation.

For many traders, backtesting becomes a reality check as a system that appears profitable can still carry unacceptable drawdowns, erratic performance, or vulnerabilities that only emerge during specific conditions. Furthermore, backtesting helps distinguish sustainable strategies from ones that worked by coincidence, while also highlighting whether the approach aligns with a trader’s risk tolerance. And in a market as unpredictable as crypto, this kind of early insight is often the difference between refining a strategy and deploying one that isn’t built for real-world pressure.

Advantages of Veles Backtests

Backtesting on Veles Finance is designed to simplify the evaluation process while giving traders a realistic view of how their strategies might behave in live conditions. Instead of relying on assumptions or fragmented data, the platform offers tools that help users identify weaknesses, refine parameters, and understand performance with greater clarity. 

General Advantages

Several practical benefits make Veles Finance useful for both beginners and more advanced traders:

• Risk reduction: As mentioned previously, backtesting highlights vulnerabilities in a strategy before money is put at risk, allowing traders to adjust settings or remove underperforming components, significantly reducing potential risk.
• Profit optimisation: Users can experiment with different parameters, such as indicators, entry conditions, or position sizes, to see which combinations deliver more consistent returns.
• Saves time: Instead of manually collecting historical data or calculating outcomes, the platform processes tests instantly, significantly reducing the effort required for strategy evaluation.
• Strategy evaluation: Veles Finance’s backtesting provides detailed performance metrics that help traders understand potential profits, losses, drawdowns, and overall behaviour across different market phases.
• Capital protection: By validating ideas on historical data, traders avoid exposing real funds to untested or unstable algorithms.

Technical Advantages

Alongside its general functionality, the platform includes several technical features that improve the depth and accuracy of backtesting. These tools support more realistic simulations and finer-grained control over strategy behaviour.

• No third-party APIs: The platform pulls historical candlestick data directly from the exchange rather than depending on external aggregators. As a result, any small distortions that may occur when data is repackaged or resampled elsewhere are removed, keeping the price history aligned with what actually happened in the market. For traders, this translates to more dependable results when testing algorithmic strategies.
• Access to newly listed assets from the moment they begin trading (Bybit): Since the platform connects directly to exchange feeds, it can capture the earliest stages of an asset’s trading history. This is particularly useful for strategies that depend on volatility or price discovery patterns that typically appear right after a listing.
• Event-driven simulation model: Instead of compressing market activity into fixed intervals, Veles processes changes as they occur. The model reacts to each movement in sequence, which helps recreate trading conditions with more nuance than timeframe-based systems.
• Stable performance with high-frequency data: The system is built to handle heavier datasets without slowing down, allowing users to run strategies that rely on denser, fast-moving market information.

Subscription plans

The platform has two types of plans. The free tier is designed for anyone exploring strategy testing for the first time, while the paid plan is shaped around users who need deeper testing and unlimited access. 

Free plan 

• Run 10 backtests per day, enough for early testing and idea validation.
• Access 3 months of historical data, keeping tests within recent market conditions.
• Receive full statistical reports on every test.

Paid plan

At $25 per month, the paid subscription is ideal for traders who want uninterrupted access and the ability to test strategies across full market cycles.

• Run unlimited backtests without daily caps.
• Use unlimited historical periods, including testing coins from their listing date.
• Explore curated strategy selections prepared by the Veles team.
• Access full statistical reporting across all tests.
• Store results for three months for ongoing refinement.
• Keep tests private, with results visible only to the user.

Streamlining trading with curated strategy lists

One of the platform’s standout features is its curated strategy list, available to users on the paid plan. Instead of leaving traders to navigate thousands of possible configurations alone, the platform’s analysts run their own internal backtests and identify strategies that show stable, repeatable performance.

These curated picks are shared directly with subscribers, offering a practical starting point for those refining their own approach. While they are not recommendations or guarantees, they behave as data-backed reference points as they’re essentially examples of strategies that have already been tested against real historical conditions and met certain performance thresholds.

As a result, it creates a practical three-step process for traders who rely on automation: backtest an idea, refine the parameters, and then connect it to a trading bot once it shows consistent behaviour.

About Veles Finance

Founded in 2021, Veles Finance has defined itself as a platform designed to make automated trading more accessible to all levels of traders. The company develops its own technologies, collaborates closely with major exchanges, and focuses on tools that simplify decision-making without removing control from the trader. Its broader mission is to offer a structured, reliable environment where users can test, refine, and deploy strategies with greater confidence. 

For more information about Veles Finance, please visit their official website: https://veles.finance/en 

Disclaimer: This is a paid post and should not be treated as news/advice.