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backtest

How to Read Backtest Results

A practical guide to interpreting dogabot backtest metrics including PnL, ROI, win rate, and max drawdown.

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After running a backtest on dogabot, you’ll see a summary of performance metrics. This guide explains what each number means and how to use them together.

Opening a backtest

  1. Go to Backtest in the app sidebar.
  2. Configure your strategy rules, date range, and trading pair.
  3. Run the backtest and open the results view.

Key metrics explained

Total PnL (Profit & Loss)

Net profit or loss over the backtest period in quote currency (e.g. USDT). Positive PnL means the strategy made money on historical data; negative means it lost.

ROI (Return on Investment)

Percentage return relative to starting capital: (PnL / initial capital) × 100. Useful for comparing strategies with different capital sizes.

Win rate

Percentage of closed trades that were profitable. A high win rate does not guarantee profitability—average win vs. average loss matters too.

Max drawdown

The largest peak-to-trough decline during the backtest. See our max drawdown guide for a deeper explanation.

Number of trades

Total closed trades in the period. Very few trades may mean results are not statistically meaningful; too many with tiny edge may be eaten by fees.

What to look for

A solid backtest typically shows:

Next steps

Related in the app

Ready to put this into practice?

Create a free account and explore dogabot with paper trading.

Try Backtest