back testing

[eleanorkim]

Backtesting is a cool way to check how well your trading signals have performed in the past. You gather historical data, create a trading strategy, and see how it would have done in different market conditions. It's like a test run for your signals. Have you given backtesting a shot for your own trading signals?

 

[Polakandil]

We know backtesting use historical data to test trading signal or robot trading, this is good to make backtest trading signal before apply in real trading, in MT4 platform, we can use strategy tester to backtest trading

 

[eleanorkim]

We know backtesting use historical data to test trading signal or robot trading, this is good to make backtest trading signal before apply in real trading, in MT4 platform, we can use strategy tester to backtest trading

Have you utilized MT4's strategy tester for backtesting before implementing your trading strategies?

 

[Polakandil]

Have you utilized MT4's strategy tester for backtesting before implementing your trading strategies?

Sometimes I use a strategy tester when found a new ea that makes it interesting to try, this step just becomes the first step to get a clue performance of its ea, often I found promising ea, but in backtest only good at the beginning, and fail before testing finish.

 

[skrimon]

Any alternative option please?

 

[LeoFx]

Backtesting helps us recognize the market's previous support and resistance levels and we should do it for our sake. Eurotrader makes sure all trading support so their traders can carry good amount of profit through trading. They offer free learning resources to traders.

 

[Virgyl]

I am always in favor of back testing because it provides traders with an idea on support and resistance level. It helps us determine where to trade and where not to.

 

[Virgyl]

I am always in favor of back testing because it provides traders with an idea on support and resistance level. It helps us determine where to trade and where not to.

 

[Hardson]

Your courage is of no benefit until you have a better strategy or a better plan. Plethora of unrealistic courage is never auspicious for traders. FXOpulence uses advanced technology so their traders never face the issue of slippage during trading.

 

[forum.forex]

Why

Your courage is of no benefit until you have a better strategy or a better plan. Plethora of unrealistic courage is never auspicious for traders. FXOpulence uses advanced technology so their traders never face the issue of slippage during trading.

You mention fxopulence everywhere?

 

[Fin_Trader]

When I was developing my trading strategy, I often used Backtesting. Backtesting allowed me to see how my strategy works and how often profitable trades are made using the history of price movements for a certain currency pair. This is very convenient and, most importantly, takes much less time than testing a strategy online on a demo account. The time savings are colossal.

 

[Lee.me]

Contemplating a move into the crypto market right now, only for this particular market I am down for all the possible back-testing I can do.

 

[borzy]

Backtesting is a cool way to check how well your trading signals have performed in the past. You gather historical data, create a trading strategy, and see how it would have done in different market conditions. It's like a test run for your signals. Have you given backtesting a shot for your own trading signals?

Conducting backtesting is an essential part of my trading strategy. By analyzing historical market data, I can assess the performance of my trading strategies under various market conditions. This allows me to identify patterns, refine my approach, and gain confidence in my trading decisions before risking real capital in the live markets.

 

[benji177]

Back testing is awesome; it is a staple in risk management.

 

[borzy]

Can you give any advice how to carry out it appropriately?

Back testing is awesome; it is a staple in risk management.

 

[shipuradilaroo5488]

Absolutely, back testing is such a valuable tool in risk management! It gives us the chance to analyze how our strategies would have performed in the past, which is crucial for making informed decisions about the future. It's like learning from history to better navigate the present and future. So yeah, it's definitely a staple in risk management that I find incredibly useful!

 

[benji177]

Can you give any advice how to carry out it appropriately?

Nothing too complicated, check your strategies on a demo every once in a while and see if they are still valid. Given the market is changing non-stop the whole time it's a wise thing to do. You can easily check out new strategies you might want to get into, it may not be with the same market conditions, but surely you can find a date that would give you close results to what you might get now.

 

[Fin_Trader]

Backtesting allows you to determine how support and resistance levels, inclined trend lines, technical analysis figures and candlestick patterns work. But if we talk about indicators, then there may be a problem: they often show superior results on chart history, but in online trading mode they can lag and redraw.

 

[TradeWizards]

Backtesting is a cool way to check how well your trading signals have performed in the past. You gather historical data, create a trading strategy, and see how it would have done in different market conditions. It's like a test run for your signals. Have you given backtesting a shot for your own trading signals?

Backtesting is a very important way in your success. It can show the disadvantages and successes of a strategy and think of solutions to complete your strategy.
We have been testing different strategies for years and I have designed several good strategies. You can test TW Trend Sniper's strategy and its signal for free.

 

[TradeWizards]

Backtesting allows you to determine how support and resistance levels, inclined trend lines, technical analysis figures and candlestick patterns work. But if we talk about indicators, then there may be a problem: they often show superior results on chart history, but in online trading mode they can lag and redraw.

I agree with your opinion. for two reasons:
1- Most indicators have buffers in their calculation formulas that perform better in predetermined data.
2-Many of the indicators in the live market change color with the change of data in the final candlestick with the ticks of the market and give an error signal, but this does not happen in the past data and you have a better result than the previous period.
3- There is no tool for backtesting the indicator in the Metatrader tester that can calculate and verify the results like the experts.

I hope I have given you a good explanation
If you wish, we have products in which the above items have been modified, and you can check them carefully in the Metatrader 4 and 5 tester.