This is the 7th section in our series on building forex trading systems. [B]What you will learn: - Pros and cons of backtesting software - Variables to account for in your backtesting - ...

While backtesting often gets ignored by beginner traders, it’s a very viable approach that can produce unexpected results when applied correctly. Of course, it’s not a magic wand that can ...

Backtesting software is a complicated subject. In this first section, we will look at the pros and cons of software applications like those provided by your dealer, and specifically the kind of work ...

Traders can trade efficiently when they quantify risk and return for their strategy. Analyzing the history and predicting the future behaviour of a trading strategy is at the core of backtesting. It ...

ForexTester is an effective trading simulation and backtesting software. Traders use the platform to practice trading and test strategies before entering the forex market. ForexTester software also ...

Backtesting is an essential part of the trading and investment process as it reveals how a strategy would perform under real-market conditions. It enables traders and analysts to assess, through ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Pete Rathburn is a copy editor and fact-checker with expertise in economics and ...

In the fast-paced world of forex trading, success often hinges on preparation and strategy. Backtesting is one of the most effective ways for traders to refine their approaches before putting real ...