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A backtester built to catch strategies that only work on paper

Ghost
WordPress
DEV.to
Blogger
Tumblr
Substack
Hashnode
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Based on our record, Medium seems to be more popular. It has been mentioned 3173 times since March 2021.
Website, pricing, platforms and company facts side by side.
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| Website | honestbacktester.com | medium.com |
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| Company | Startup from Ireland | Startup from the United States |
| Listed in |
In their own words, as submitted to SaaSHub.


Most backtests flatter you — great numbers in, great numbers out. Honest Backtest Engine is built to do the opposite: it tests your strategy on data it never saw, models real commission, slippage and borrow, deflates the Sharpe for how many combinations you tried, and Monte-Carlo stress-tests the...
No description of Medium yet.
What each product offers, as listed by its team.


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Possible disadvantages
An editorial look at what each product does well and who it suits.


Overall verdict
Why this product is good
Recommended for
Overall verdict
Why this product is good
Recommended for
Medium is recommended for avid readers seeking a variety of topics ranging from personal development to technology. It's also ideal for writers looking to publish their work to a broad audience and potentially earn revenue through the platform's Partner Program.
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Medium Review - with Tom Vasel
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How often each product is chosen within a category, 0–100% relative to the other.


As answered by people managing Honest Backtest Engine and Medium.
Honest Backtest Engine's answer
Most backtesting tools are built to make a strategy look good. Honest Backtest Engine is built to do the opposite — to catch the strategy that only works on paper before you risk real money on it. Every run headlines out-of-sample results, charges real trading costs, deflates the Sharpe ratio for how many parameter combinations you tried, and Monte-Carlo stress-tests the outcome. It ends in a single believability score from 0 to 100, and it shows you the checks your strategy failed, not just the ones it passed. No other tool leads with the red marks.
Honest Backtest Engine's answer
It was built out of a common, painful experience: strategies that backtest beautifully and then quietly lose money live. That gap is almost always caused by overfitting, ignored costs, look-ahead bias, or a single lucky run mistaken for an edge — and most backtesting tools do nothing to catch it. Honest Backtest Engine exists to run those checks automatically and to be honest about the result, even when the honest answer is "this edge probably isn't real."
Honest Backtest Engine's answer
Because it's designed to tell you the truth rather than flatter you. It models real commission, slippage and borrow costs, it's look-ahead-proof, and it produces a tamper-evident signed report anyone can verify without trusting you. It runs entirely on your own machine — your data and strategies never leave your computer. It's a one-time €149 purchase with every future version included, no subscription. And it comes with a guarantee: if it doesn't catch a backtest that was lying to you within 30 days, you get a full refund.
Honest Backtest Engine's answer
Retail and independent algorithmic traders who build and backtest their own strategies — especially anyone who has watched a great-looking backtest lose money in live trading and wants to know whether an edge is real before funding an account. It suits people comfortable with concepts like Sharpe ratio, overfitting and out-of-sample testing, though the reports are written to be readable without a quant background.
Honest Backtest Engine's answer
Python, with pandas and NumPy for the backtesting engine and data handling. Reports and the local interface are rendered as HTML in the browser. Reports are cryptographically signed using Ed25519 so they can be independently verified. It runs as a self-contained local application on Windows, Mac and Linux.
Share your experience with using Honest Backtest Engine and Medium. For example, how are they different and which one is better?
External articles and on-site reviews we used to compare the two products.


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Medium focuses on thoughtful content and community engagement. It offers a user-friendly interface, a large readership base, and various features for writers and readers.
Medium is an online platform that was created in 2012 by Evan Williams. It is a place for people to share their thoughts and ideas on various topics. Medium has about 100 million monthly visitors, which makes it one...
From thе simplicity of Ghost to thе vеrsatility of Substack, thеrе’s a homе for еvеryonе seeking great Medium alternatives. Thеsе altеrnativеs offеr a world of possibilitiеs for rеadеrs and authors alikе. Whеthеr...
Recommendations tracked on public social media and blogs since March 2021.


Tracking Honest Backtest Engine since Jul 2026.
7 years ago I began migrating all my back-ends to Rust. Front-ends, however, remained an issue. As an Ember developer for 15 years, I've been a big fan of MVC, and keeping code out of templates. Ember's HTMLbars syntax has been the thing... - Source: Hacker News / 2 days ago
I'm doing something ambitious. I'm taking a radical approach to improving rust compile times. The reason it is radical is it involves building a brand new rust compiler. This was inspired by a project I started[1] about six months ago to... - Source: Hacker News / 4 days ago
2022: https://www.darkreading.com/cyberattacks-data-breaches/google-android-0-days-multiple-governments-spying 2026: https://medium.com/@hammaadmughal/the-invisible-bazaar-inside-the-global-zero-day-market-ee327c12633a. - Source: Hacker News / 8 days ago
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