When you ditched your last trading system in backtesting, did you factor compounding into the equation? It could make all the difference. In this post, I’ll show you the results of backtesting before and after compounding. I think you will agree that it’s a mistake to…
Backtesting Results: Trending Outside Bar (TOB) on Major Pairs Daily Chart
Here are the testing results for the TOB, version 1 trading strategy. I also break down each currency pair in the backtest and show you which pairs have potential and which ones are close to going in the trash.
9 Forex Backtesting Mistakes to Avoid Like an Annoying Co-Worker
Backtesting is THE training method that has helped the highest number of traders that I have met, go pro. But if you make these mistakes, you will have a much lower probability of success. Learn what tools to use, common mistakes and the time period that…
Forex Backtesting: The Ultimate Beginner’s Guide
Backtesting is one of the most useful exercises for testing trading strategies, keeping your skills sharp and building confidence. Learn how to get started in this guide.
Backtesting Results: $EURUSD Weekly Outside Bars
This post is a follow up to my previous look at Outside Bars on the EURUSD weekly chart. Find out what my backtesting uncovered and if this is a profitable trading strategy or not.
Trading System Development: Intro To Historical Analysis
This is an introduction to a new series that I am starting on Historical Analysis. In each study, I will provide the chart pattern or trading setup and show you every single time this setup happened in the past. But before we begin, there are a few things that we have to get straight.
How to Automatically Mark Trading Sessions When Backtesting
It can be difficult to keep track of which markets are open when doing backtesting. Is it the Tokyo session or the New York session? Identifying this correctly can mean the difference between accurate backtesting and a waste of time. This indicator can help and the best part is that it is free.
A Simple Forex Trading System Tested: Daily Pin Bars on AUDJPY
Trading systems do not have to be complex to work well. Even a very simple Forex trading system can be profitable. But how do you know? This post will show you how to take an idea and backtest it.