Which Backtesting Software Should You Use Here’s What Actually Works

What Trading Software Do You Really Need for Backtesting (Without Wasting Money)?
👉 Download the Trader Acceleration Bundle and start building profitable systems with confidence:
https://enlightenedstocktrading.com/f...

If you’re serious about systematic trading, one of the first questions you’ll face is:
👉 “What trading software do I actually need to backtest my systems?”

The answer depends on whether you’re running portfolio systems (multiple stocks at once) or single-instrument systems (like just trading the SPY). In this video, I break down the exact backtesting software and data providers I’ve used over the years — what works, what doesn’t, and where you should invest.

You’ll learn:

• The best portfolio backtesting software (Amibroker, RealTest, Wealth Lab, MultiCharts)

• Which tools work best for single-instrument backtesting (MetaStock, MT4, MT5, TradingView)

• Why I prefer portfolio-level testing for flexibility and scale

• My current favorite: RealTest (and why it’s so powerful)

• The critical role of good data — and why free data is a recipe for disaster

• My go-to data sources: Norgate for Australia, US, and Canada + MetaStock for global markets

If you’ve been trying to figure out whether to choose TradingView, Amibroker, RealTest, or anything else… this will give you a clear, practical answer so you can move forward.

⏱️ Video Chapters

00:00 – What Trading Software Do You Need to Backtest a Trading System?
Introduces the core problem traders face when moving from discretionary ideas to systematic backtesting.

00:07 – Why Backtesting Software Depends on Your Trading System Type
Explains why different systems (discretionary vs systematic) require different tools.

00:13 – Portfolio Trading Systems vs Single Stock Strategies
Breaks down portfolio systems and why they demand more advanced trading software.

00:25 – Why Systematic Traders Need Professional Backtesting Platforms
Covers the limitations of basic charting platforms and why serious traders outgrow them.

00:46 – Real-World Backtesting Software Used by Professional Traders
Discusses platforms like Amibroker, Multicharts, and Wealth-Lab from real experience.

01:12 – Why Amibroker Is Popular for Systematic and Portfolio Trading
Explains longevity, flexibility, and why it’s been used for years in systematic trading.

01:18 – How Much Backtesting Software Really Costs
Sets realistic expectations around software pricing and long-term value.

01:35 – The Importance of High-Quality Market Data for Backtesting
Highlights why data depth and accuracy matter for validation and confidence.

02:00 – Why Portfolio Backtesting Requires More Data and Processing Power
Explains position sizing, multiple stocks, and increased complexity.

02:22 – Moving Into Advanced Systematic Trading and Backtesting
Transitions into more advanced concepts for traders ready to go deeper.

🧠 What You’ll Learn

• The best backtesting software for systematic trading

• How to choose between single-instrument and portfolio testing

• Why your data quality matters more than your software

• How to avoid errors from free, unadjusted data

• Which software gives you speed, power, and flexibility for system design

🎁 Want to Backtest Like a Pro?

Download the free Trader Acceleration Bundle to get my proven process for testing and validating profitable trading systems:
👉 https://enlightenedstocktrading.com/f...

📲 Follow Enlightened Stock Trading on Social Media for more trading education

🌐 Website: Enlightened Stock Trading | https://enlightenedstocktrading.com

📺 YouTube: Subscribe for More |    / enlightenedstocktrading  

🐦 Twitter: Follow Us | https://x.com/EnlightenStock

📘 Facebook: Join Our Community |   / enlightenedstocktrading  

📸 Instagram: See Trading Insights |   / enlightenedstocktrading  

💼 LinkedIn: Connect Professionally |   / enlightened-stock-trading  

#stocks #stockmarket #trading #stocktrading
#backtesting #amibroker #realtest #tradingsoftware #systematictrading #norgatedata #metastock