What are scenarios?

A scenario is just a specific timeframe and resolution you would like to test your strategy on

Let's say you found the following price movement interesting:

Dates: February 12, 2020 to March 19, 2020 Resolution: 1 Hour Market: BTCUSD Exchange: Bitfinex

We can encapsulate the data above into a scenario to test our strategies on.

Sounds like a set of backtest options right? You are absolutely correct. Instead of selecting these options on each backtest, these market scenarios are defined at the start in order to serve as a guide for how we would want our strategies to perform.