Why traders look for an AlgoTest alternative
- Costs that grow: each live strategy uses 100 credits per 28-day cycle, so ten strategies cost about ten times one.
- Signals priced separately: TradingView signals need a separate plan of 1,299 credits for 30 days.
- Backtest limits: after 25 free backtests a week, more backtests use credits.
What QuantPower offers instead
| What you need | AlgoTest | QuantPower |
|---|---|---|
| One price for everything | Credits per product | Standard free during the Beta; see pricing |
| Many live strategies | 100 credits each per 28 days | Standard free during the Beta; see pricing |
| Orders from TradingView alerts | Separate Signals plan | Signal trading included |
| One stop loss for all positions | Strategy-level stops | MTM stop loss |
| Option chain and trading tools | Option charts, simulator | Option chain, live trading terminal, multiple charts |
QuantPower plans
| Plan | Monthly price | Algo bots |
|---|---|---|
| Standard | Proposed ₹299, GST extra | Final allowance pending; see pricing |
| Professional | Proposed ₹499, GST extra | Final allowance pending; see pricing |
| Ultimate | Proposed ₹999, GST extra | Final allowance pending; see pricing |
QuantPower prices exclude GST.
When AlgoTest is still the better choice
If you run one or two strategies and backtest a lot, AlgoTest's credits and its free weekly backtests usually cost less than a monthly plan.
Switching in five steps
- Write down each strategy's instrument, legs, entry and exit rules and position size.
- Rebuild it in the strategy builder.
- Backtest it and compare the results with AlgoTest.
- Run it in paper trading for a few weeks.
- Stop the AlgoTest deployment before going live on QuantPower, so the same signal does not trade twice.
For a cost table at different numbers of strategies, see AlgoTest vs QuantPower.
Start your free trial
Connect your broker, build a strategy and test it on paper before a single live order goes out.
Frequently asked questions
Is there an AlgoTest alternative without credits?
Yes. The QuantPower Standard plan is free during the Beta (₹299/month after); Professional is ₹499/month and Ultimate ₹999/month, GST extra. See pricing.
Which costs less for ten strategies?
The Standard plan is free during the Beta; see pricing for each plan's daily allowances. On AlgoTest, ten live strategies use about 1,000 credits per cycle, before any signals or extra backtests.
Can I keep using AlgoTest for backtests?
Yes. Many traders backtest in one tool and run strategies in another. Just do not run the same strategy live on both.
Sources
- TradingView Help Center, documentation on alerts and webhooks (tradingview.com)
- AlgoTest: pricing and feature pages on each provider's website (checked 10 October 2026)