Supercharge Your Trading: Footprint's Batch Download for Easier Backtesting
Tags: web3, blockchain, testing
Published: 2023-11-29 03:26:10

<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Author: lesley@footprint.network</span>
<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Backtesting is the use of historical cryptocurrency price data to simulate and assess the performance of a trading strategy or algorithm. </span>
<img src="https://statichk.footprint.network/article/25f1fe38-c42b-4a06-a299-7fd5c9e3a38e.png">
<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Backtesting plays a pivotal role in shaping successful trading strategies within the blockchain landscape. By uncovering profitable edges, it enables traders to construct rules-based approaches devoid of emotional biases. </span>
<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Beyond this, backtesting instills confidence by allowing a thorough evaluation of strategy viability before any real capital is put at risk.</span>

<h3><span data-raw-html="span" style="font-size:13.999999999999998pt;font-family:Arial,sans-serif;color:#434343;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">However, Backtesting is Hard for Small and Medium Enterprises</span></h3><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">While backtesting brings a systematic approach to crypto trading, building practical backtesting inputs presents several challenges:</span><ul><li><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">The Time of Obtaining Historical Data</span></li></ul>

<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">While blockchains retain exhaustive transaction records, crafting precise backtesting datasets from this raw data requires substantial expertise and infrastructure—beyond the reach of most small firms in terms of both time and efficiency.The Cost of Quality Data</span>

<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Despite public blockchains being open-source, indexing the entire blockchain data incurs significant expenses. Building a node, cleaning the data, and organizing it require both expertise and resources. </span>
<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">While raw public data is accessible at no cost, transforming it into a format suitable for algorithmic trading backtests demands substantial computing resources and know-how.</span>

<h3><span data-raw-html="span" style="font-size:13.999999999999998pt;font-family:Arial,sans-serif;color:#434343;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Use Footprint's Batch Download Solution to Build Your Backtesting Tool</span></h3><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">The Footprint BatchDownload Solution is your objective answer to efficiently accessing blockchain historical data.</span> <img src="https://statichk.footprint.network/article/13e2231c-52a4-4c7d-8d39-b76ccb879b87.png">

<ul><li><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">10x faster to get the data covering the full history</span></li></ul>

<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Experience the seamless access of over 30 blockchain historical datasets through Footprint's Batch Download solution. You can effortlessly transfer vast historical data across various file formats, leveraging the efficiency of cloud storage. </span>
<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">This data covers the full history and you can retrieve incremental data within a single day, encompassing both full history and incremental updates.80% cost savings compared to self-build data infrastructure</span>

<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Experience significant cost savings with Footprint's Batch Download ssolution. It's far more economical than setting up nodes or pursuing a self-build approach. Benefit from affordable, developer-first pricing, ensuring that obtaining high-quality, structured historical blockchain data doesn't break the bank. Save time, resources, and money with Footprint's cost-effective solution.</span>

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<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Transforming blockchain data into backtesting-ready formats poses obstacles for traders. Footprint's Batch Download provides 30+ clean, structured historical data to seamlessly power your modeling. Check our </span><a href="https://www.footprint.network/batch-download"><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#1155cc;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:underline;-webkit-text-decoration-skip:none;text-decoration-skip-ink:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">website</span></a><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;"> or </span><a href="https://calendly.com/alexfootprint/30min"><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#1155cc;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:underline;-webkit-text-decoration-skip:none;text-decoration-skip-ink:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">schedule a meeting</span></a><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;"> to know more about the solution.</span>

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<span data-raw-html="span" style="font-size:12.499999999999998pt;font-family:Arial,sans-serif;color:#24292f;background-color:transparent;font-weight:700;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">What is Footprint Analytics?</span>

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<a href="https://www.footprint.network/"><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#1155cc;background-color:#ffffff;font-weight:400;font-style:normal;font-variant:normal;text-decoration:underline;-webkit-text-decoration-skip:none;text-decoration-skip-ink:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Footprint Analytics</span></a><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#444746;background-color:#ffffff;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;"> is a blockchain data solutions provider. It leverages cutting-edge AI technology to help analysts, builders, and investors turn blockchain data and combine Web2 data into insights with accessible visualization tools and a powerful multi-chain API across 20+ chains for NFTs, GameFi, and DeFi.</span>

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<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Footprint Website:  </span><a href="https://www.footprint.network/"><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#1155cc;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:underline;-webkit-text-decoration-skip:none;text-decoration-skip-ink:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">https://www.footprint.network</span></a>
<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Discord:</span><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#1155cc;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:underline;-webkit-text-decoration-skip:none;text-decoration-skip-ink:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;"> </span><a href="https://discord.gg/3HYaR6USM7"><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#1155cc;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:underline;-webkit-text-decoration-skip:none;text-decoration-skip-ink:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">https://discord.gg/3HYaR6USM7</span></a>
<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Twitter: </span><a href="https://twitter.com/Footprint_Data"><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#1155cc;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:underline;-webkit-text-decoration-skip:none;text-decoration-skip-ink:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">https://twitter.com/Footprint_Data</span></a>
<span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">Telegram: </span><a href="https://t.me/Footprint_Analytics"><span data-raw-html="span" style="font-size:11pt;font-family:Arial,sans-serif;color:#1155cc;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:underline;-webkit-text-decoration-skip:none;text-decoration-skip-ink:none;vertical-align:baseline;white-space:pre;white-space:pre-wrap;">https://t.me/Footprint_Analytics</span></a>

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