Free Backtesting Software for Indian Markets

Indiquant is free backtesting software for Indian markets. Test NIFTY and BANKNIFTY strategies — spot, futures and options — against years of historical data, right in your browser, without installing anything or writing a line of code.

Most backtesting tools make you learn Python or wrestle a desktop app. Indiquant lets you describe a strategy in plain English and get back win rate, drawdown, Sharpe and a full equity curve in seconds.

What you can do

Nothing to install. Runs entirely in your browser. No downloads, no environment setup, no data files to source and clean.
Plain-English input. Type your strategy in words — “buy NIFTY on a 20/50 SMA crossover” — and Indiquant does the rest.
Indian-market data built in. Years of NIFTY & BANKNIFTY history across spot, futures and the full option chain, ready to test against.
Honest, complete metrics. Win rate, average win/loss, net points, maximum drawdown, Sharpe and an equity curve — not just a single return number.
Free to try. Indiquant is in invite-only alpha and free for approved users, with free credits to run your first backtests.

See it in action

Real backtest studies we ran on Indiquant — every number from an actual backtest:

Myth-bustingThe 'buy the dip' myth: buying NIFTY after every red dayDoes the reflex actually pay? Tested on two years — it returned 0% while just holding returned 35%.Read study →Option sellingThe 9:45 AM NIFTY short straddle — what a year of data really saysEveryone sells it. The win rate is only 41% — and it still made money. Here's why that's not a contradiction.Read study →Myth-bustingNIFTY's entire two-year rally happened overnightSplit NIFTY's return into the overnight gap and the intraday session. One made +11,247 points. The other lost money.Read study →Trend followingDoes the 20/50 moving-average crossover work on NIFTY?The 'hello world' of trend following, tested. It returned +9% — but how it got there is the whole lesson.Read study →

Frequently asked questions

Is Indiquant really free?

Indiquant is in invite-only alpha and free to use for approved users — you get free credits to run backtests. Register your interest to get access.

Do I need to install anything?

No. Indiquant runs in your browser. There is nothing to download, install or configure.

What markets can I backtest?

NIFTY and BANKNIFTY — spot, futures and options — on years of historical Indian-market data.

Do I need to know programming?

No. You describe your strategy in plain English; Indiquant turns it into a backtest for you.

Indiquant is free for approved alpha users. Register your interest to get access and free backtest credits.