Forex Strategy Testing (easy backtesting for beginners)

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Free Spreadsheet - FREE course 3 - Part Reversal Series - goo.gl/QKaxzV
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If you have questions regarding any of the course material above, then email us at [e-mail]
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Full Strategy Videos -
Double Top/Bottom Entry Video - • The ONLY Way To PROFIT...
5 - Wick Rejection Entry Video - • This STRATEGY Is Like ...
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Enjoyed this video? Check out more videos about predictive analysis:
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*****
In this video, Steven shares his guide to backtesting for beginnings in the Forex market and a few key steps to building a Forex trading strategy.
-----------------------------------
BIO
Steven Hart -
Steven was recognized as a top 30 Trading educator on KZbin by the very critical feedspot.com.
Link - blog.feedspot.com/trading_you...
He became a self-made professional trader at 20 years old. Today he is the "Honest Trading Coach" to hundreds of thousands of traders around the world.
He is the founder and CEO of The Trading Channel.
For over 9 years Steven has studied the science of trading and psychology. This combination allows him to not only be an incredible trader, but a very understandable teacher as well.
He has developed numerous rules-based trading systems and strategies that are used by top traders around the world.
Today, Steven is on a mission to help 1,000 traders become independently profitable over the next 12 months. Will you be one of them?
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JOIN US IN OUR LATEST FREE TRAINING:
Link - thetradingchannel.org/optin
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OTHER LINKS:
Intro music provided by - / thisisth. .
Song link - www.youtube.com/watch?v=2Ax_E...
Outro music provided by - TULE - Fearless pt.II (feat. Chris Linton) [NCS Release]
Song link - • Lost Sky - Fearless pt...
#supportandresistance#fx#forex

[@thetradingchannel]

EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 - I do not have a Telegram, Whatsapp, or Discord account. 2 - I will NEVER ask you for money. 3 - I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 - I will NEVER ask you for a payment in any cryptocurrency. 5 - DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS. Also, there are a number of fake IG accounts doing the same exact thing. The ONLY Instagram accounts we run are @stevenkiethhart and @thetradingchannel anything else is not me/us. Other than that, I hope you enjoy the video! If you want to learn from us and would like to learn more advanced material then join our VIP training course/program. Go to www.eaptrainingprogram.com PROGRAM INCLUDES: Full training course (beginner to advanced) Technical analysis training Full rules-based Strategies Risk management training Strategy optimization training Backtesting training Weekly analysis video (each Monday) 3 to 5 email alerts each week Pro Trader Report (email of analysis) Priority email mentorship (Me personally answering your questions) Review videos FREE Spreadsheet for backtesting Advanced AP1 pattern training Advanced Double bottom/top training And much much more... For any questions about the course email - [e-mail] PROGRAM ACCESS - www.eaptrainingprogram.com Talk soon, Your honest trading coach, Steven

[@usdcadtrading]

@thetradingchannel Please can i get the spreadsheet God bless

[@HFPortrettenHeidi]

@thetradingchannel Please can i get the spreadsheet

[@nfldee]

Yes We all need that exact spredsheet🙏🙏🙏

[@SevenEH]

Hi, I would like the spreadsheet.

[@jezze10]

Hello, I clicked the link and sign up for the newsletter but I was trying to get that spreadsheet to start backtesting..Please help

[@realpope8186]

The problem with trading forex is when you look on his shirt instead of seeing a nice beach, you see head and shoulder pattern

[@ProfitableStockTrader]

LOL true that. Looks like that Pine tree on his left is a bull trap. 😂😂

[@ThomasCollado]

This is the most important video we all going to see all year??? Really? cut the hyping BS dude

[@verloswilliam]

Elite comment

[@trader5920]

@@ThomasCollado They overhype info to get the extra watch time

[@TheArtOfTrading]

Hahaha so true man!

[@engchuanlim]

Not only you are a professional trader you have been very generous to reveal all your trading methodologies. Your presentations are very informative and detail, hiding nothing; very helpful to all traders, new and old alike.

[@theacademyofforex]

Awesome job! Simple, easy to follow strategy. Back testing can tedious but very important. I have test dozens and dozens of indicators and it actually gets fun. Like you are discovering something new. Keep up the good work man.

[@scottdeetlefs6300]

Steven we definitely want the spreadsheet. Really love all your videos and have learned so much from you already!! Keep up the good work.

[@solehinali489]

The best mentor I ever had on this platform. Thank you.

[@jmurphy4975]

I've been actively trading for 10 months or so and I just discovered this channel recently. It has more information than 101 other trading channels. More importantly, Steven covers important points at least once more to emphasize critical points that need to understood. Amazing stuff!

[@wind170]

I saw this video today. I was very touched. I read Brook’s book and learned about the importance of 20ema, and only discovered its usage, but I used it to break through 20ema and then start to enter at a higher or lower point. It is slightly different from your usage to observe the closing of a candle at the high or low of the previous one after the break, and it makes sense. thank you very much

[@danielodigie4760]

"You can discipline yourself right into an empty bank account." 😂

[@natebarnett8956]

You have an excellent teaching style. It's not everyone who can walk a new trader through a strategy as clearly as you do.

[@mariasono6117]

True,I did not understand a thing about back testing but now with this vid i do.

[@munyaradzimamombe5878]

Great! You inspired me to start my own trading channel where i teach profitable strategies.

[@Groovedoc111]

Just what the doctor ordered. That was very good. Off to start backtesting. Thank you Steven

[@aqprider]

One of the best and most practical videos. Thank you man!

[@lukeorchard5948]

EUR/USD JAN 2020 - JUNE 2020 Backtesting results H1 Time frame 94 trades 37 wins 57 losses at 1:1.4 RRR giving a negative expectancy of -5.2% and a strike rate of 39%

[@ad7884]

EJ was not great results for me either.

[@Jeremy.Muller]

Is easy, make this but put de oposit posision and bualá! 57 wins and 37 losses! :)

[@billcosby7513]

This strategy works the best i found on like jpy pairs with like a 50-60ish % win rate

[@sphesihleshonga8555]

i think this video was created for me because now im at the process where i lost so much money and i even thought of quitting but something tells me that i should start afresh and do the hard work because there is no other way, I have to succeed

[@aidenscholtz1922]

Facts💯

[@aidenscholtz1922]

Shit is easier said than done

[@anferneeclarkdawal3754]

I'm with you mate! Keep going!

[@damike4585]

brother how is the stratergy working for you so far? I have just recovered it now

[@pritimane9945]

Very nicely explened.this video is energy for me.i have started 1 month's ago my Forex account. When I upset in daily market your Video is bosster for me. Thanks

[@varonicatayler]

Again you have the best video explaining a trading topic. Thank you! I have watched many backtesting videos and this one took the cake.

[@jackoftrades850]

Excellent videos everytime. Yes to Spreadsheet

[@bradleycutting1115]

This is a great video and teaching as all of your other videos are, and the fact that you are willing to share your spreadsheet is amazing. I would greatly appreciate the spreadsheet please.

[@lionelmoore9891]

did you ever get the spreadsheet and have you become profitable following his teachings

[@hassanabdullai1922]

shesh!! after watching this vedio clip for 6th times is now wen im starting to understand the backtesting process . Thanks steve

[@16beat41]

Just used this technique on my recent trades, and it worked! try using this with MACD indicator when candle crosses 20EMA check if signal line touches MACD line and momentum of volume is increasing on histogram for confirmation.

[@jordanmellis314]

U have Instagram bro??

[@thomasmbewe8256]

We definitely need that spread sheet coach.

[@thatdudee5344]

@Kolton White same here man

[@MATTUNIVERSALMUSIC]

Would love that spreadsheet too.

[@christiancolumbis8570]

@@KelvinNikkel so where do u get it at

[@ryanred5724]

Check the description, click on the free spreadsheet link and follow the instructions, you'll have to signup for the newsletter, you will then receive by email a link which will take you to the free spreadsheet course to learn how to use the spreadsheet and create your own if you need to.

[@jaileenaile6662]

yup me too

[@MindfullyTrading]

What an amazing video thank you for sharing! Your teaching style is great... I have been wanting/meaning to back test for a while and level up my game but this video has inspired me to get on with it now, thank you so much

[@georgeninne7638]

Thanks for all the work you put in.

[@shikharkhatkar8879]

Man, I literally watch your videos every day. They just keep me in check. "If you can't explain it simply, you don't know it" . This statement alone tells you're a real deal!!

[@godgiveschima3902]

Nice video, the spreadsheet is a yes for me.

[@johndpreacher9514]

You're a true teacher🔥 you know how to teach for one to understand that's what makes you a true teacher💯

[@iseoluwa5046]

I have been watching your videos when I watch all the most important ones you said we should watch starting from basics then technical analysis then I will rewatch them again before I get a mentor that I can afford here locally and after that when I make money I will also get you as my mentor cos I love you.

[@duraianandanramaswamy9784]

Hello I watch this video today and tested this with 5 trades and won 3 trades . You are awesome

[@indersagoo5356]

amazing video. need the spreadsheet n optimizing video :)

[@Pneuma1999]

your videos are next level, you are by far the greatest forex teacher

[@lukemiester5]

yes spreadsheet is a MUST

[@aakash3cool]

Yes we need this spreadsheet... Thank you very much for a great video...

[@tombobek2306]

@@princeoketch6222 i really need this my man

[@mohdnasarudin4723]

Me to too also need spreadsheet please

[@biginvestment8299]

@@princeoketch6222 can I get it as well?

[@MQUIXQ_MM2]

@@princeoketch6222 Can I have a copy of the spreadsheet, please.

[@jaredfontecha1804]

@@princeoketch6222 Can I get this too please

[@alanflannery9197]

I tried this on EURGBP.. did 99 trades in back test.. for a 44.44% win rate.. but the break even is 41.67% using 1.4RR. So it is profitable but only 2.77%. I would assume that would get eaten up in fees commissions etc etc .. but definitely interesting.. be curious to see on other pairs..

[@kicknit2181]

First timer.. enjoyed your teaching style and delivery of subject. Learned a lot, thanks. Need spreadsheet for sure...and teaching of other strategies.

[@Dakota-ro4um]

He is honestly just the best , i find it so much easier to understand his videos 🙏

[@nicholasroy9855]

Good timing produces good results yes but when is a good time/hour to enter or start up a trade for a profitable result ?

[@justodim6245]

Hello there, nice video to be honest but every time I watch different KZbin videos I see how people earn from it but no my case is different always making loss. What am I doing wrong?

[@barkleymills2188]

hey if you ask me I’ll actually advice you to study and forex related videos before entering into the trading world or you can get yourself a professional broker who’ll guide you and help you trade.

[@justodim6245]

Barkley mills to be sincere, I do know a lot about forex and it’s works but anytime I trade, I always end up losing. I’ve only made little profits since I started trading. Maybe I’ll think about getting a broker for myself. Any good one you could vouch for recommendations?

[@barbel.barbie]

Just Odim To be honest mate, I’ve a lot greatly a lot on forex too but I found out that the only solution at my situation personally was to get a professional trader who managed and controlled my trades. You can get one too. For months now I’ve been trading with Laura woods and I can boldly say I’ve made more than my loss in millions of dollars now. Well she’s really an amazing trader with a stunning commission of 20% which really is a cool deal

[@susanarmstrong8174]

Barbel please but how can I reach her?

[@barbel.barbie]

Susan Armstrong {[e-mail]}

[@davidoconnor8224]

Thanks! Really enjoyed how well explained this was.

[@vijaylohani5686]

before making the the main topic, whatever you said is extremely superb i love you bro

[@ericpatrick4184]

We need the spread sheet coach 🙌

[@velusamynagalingam3854]

Definitely need that spread sheet coach.

[@tomh4585]

@Kolton White Let me know if you manage to get it please bro!

[@sunnygeorge8791]

Thanks Steve for keeping your promise of doing this video. This enlightens me more. I have been trying to do that and recording manually and it really not helping me determine risk ratio. So I will still appeal here again, if you can please help with the spreadsheet. Blessings

[@nolwazidube893]

thank you Steve. most def need that spreadsheet you are Gold!

[@abhayjagdoe2414]

i clicked on the link above that says spreadsheet but when it took me to the site there was no spreadsheet and I didn't get an email with it. so how may I get the spreadsheet ???

[@h_tilo1]

I think I'm going to ues this strategy in long run. I like it🤞🔥👊

[@mariasono6117]

Me too

[@timothy6346]

After seeing this detail and easy understand video, I feel unstoppable... Coach Steve Please make a detailed video on optimising and what you think are the most important factors of optimising

[@delilahpepe5148]

This is the best video among all your videos that i reviewed. Hope this 2021 is the start of my WIN!!! I’ve been trading for three months but got no luck.. thanks for sharing your knowledge.👍👍

[@nicklaus9010]

i hope its not too late but may i get an email of that spread sheet? Thank you for all that you teach on here, you do an amazing job of making complex things seem simple.

[@abdurrashid649]

The stock market is booming and smells like the future, I guess this is pretty much the best time to invest more into forex trading and focus more on the pot of gold at the end.

[@josephcarlson2322]

I share and understand your point of view, but the fear of not being able to secure my profit is a bit discouraging for me

[@noamimaurice5882]

@@josephcarlson2322 Trading isn’t as easy as everyone comes to say it, do not be deceived hmm lots of people are out there trading with no profit, ask me whatever you need to know about trading and I can help to the best of my knowledge.

[@michaelcooper2559]

Great analogy with the triangle

[@robertkocher3534]

Thank you for this video. This was simple and straight forward. Will recommend this to anyone new getting into trading. I know it's just one strategy, but very useful in developing other strategies. Well done!

[@hassanabdullai1922]

yeah sure

[@nuranismohdnor2638]

when you thought he couldn't get any more good lookin! and then he put on smart glasses.. boom!

[@justtryanother7290]

lol

[@kayt2636]

Great content Mr Steven! Would love to get the back testing spreadsheet!

[@p.owolabi.e]

@@princeoketch6222 abeg bro I need am

[@astronaveen6862]

I also need one

[@donjeffreycastro1826]

Great video. Definitely need that spreadsheet.

[@webivwebiv9020]

Yep ... optimizing vid & spreadsheet

[@hakoHiyo271]

Is the spreadsheet actually available for us to download?

[@ninomalizosithole5950]

Hey Steven..Great Content! I have a question: Would you consider demo trading a strategy 100 times instead of going back before you live trade if it gives you a high profit percentage as a back testing method? Thanks for the awesome videos

[@bonzeye4345]

I'm a beginner but I would of thought the process would be much faster using historical data rather than waiting for the setups in real time I could be wrong.

[@alfredfx0]

What do you mean with instead of going back? I think a good suggestion is to backtest with historical data and have at least 100 trades in a single currency pair, and if all good start demo trading which can also be considered as forward-testing for a period of time before putting in your money. But that's just an opinion.

[@bennya2846]

Your an awesome teacher bro, thanks for ur hard work man.

[@footballfan9841]

Watched some of your videos, I will watch every single video u have uploaded. Thanks 🙏

[@mbakisimoyo3754]

Did anyone get the spreadsheet? I have tried the links don't get you the spreadsheet.

[@dappiduck]

I've built my own ^-^

[@tumelosegalo5708]

Backtesting spreadsheet 🙏🏾

[@avrahammizrahi7157]

Prince Oketch please can I get the backtesting spreadsheet?

[@habib_Fexchange]

​@@princeoketch6222 hey prince please can i also get the backtest sheet

[@jtviet]

@@princeoketch6222 could I get a copy too please?

[@antronero5970]

@@princeoketch6222 can i get it bro? 🙏

[@beejayonek]

@@princeoketch6222 I need a copy

[@mikeowens9489]

Heck yer thats a way more logical way of doing things, more work but alot more thoroughly logical way of doing things. That was sick mate thanks heaps. Let us know when you get the spreadsheet out cause that would help immensely and thanks again very informative

[@marlynbagaco9289]

he is the best coach ever!

[@princefriendship]

Please provide that spread sheet in the description.

[@wenjun5989]

Join EAP or buy SMC

[@opblockant6964]

@@princeoketch6222 do you still have that copy

[@thetradingchannel]

Hey, If you need a copy of Steven spreadsheet you can email us at [e-mail] regards, Shelby @ TTC Support

[@jackievanorman9679]

I would love to have the backtesting spreadsheet, Steven! And please do an Optimizing video, too. Love your teachings.

[@jackievanorman9679]

Prince Oketch I’m still interested

[@jon6095]

@@princeoketch6222 can you get me the spreadsheet?

[@nickeccles9087]

@@princeoketch6222 would it be possible for you to send me a copy of this spreadsheet please? Thanks

[@emmaegonti7706]

Great video! And yes a full video on optimising your strategy

[@marteykelvin7454]

Spread sheet needed honest coach

[@Iamtheboss1125]

Great video I would love to have access to the backtesting spreadsheet

[@Iamtheboss1125]

Prince Oketch hey I’m interested

[@cadoavo6982]

@@princeoketch6222 hi Prince, i need the spreadsheet, can i have one please?

[@romanmachacek2489]

Hi Steve. Would you please share your spreadsheet with us ? Thank you

[@romanmachacek2489]

@Kolton White hi, no I didn't, I asked long time a go, didn't get reply

[@marcoacosta4]

Steven, I'm have so learning with you. Thanks for video

[@nadeemdeewan5909]

You're awesome man, I love all of your videos❤

[@BOXINGUNLOCKED]

how can we access this spreadsheet? excellent video thank you.

[@karolinakarolina5777]

Buy EAP programme and you get access to the full strategy and spreadsheets and much more! Its unfair for this information to be shared for free when others are paying hundreds to access it

[@BOXINGUNLOCKED]

@@karolinakarolina5777 im sure i heard him say it was free of charge download

[@rickyshazam7588]

Karolina Karolina just curious, what is your feedback about the EAP program ? Or we can get the same information from the you tube videos ?

[@personal3229]

Rickyshazam I’m not at the EAP training program, but I assume it would be way more, better for sure, the testimonials don’t lie, and you can see it from him right away, he’s here for real business. 🙌🏻

[@karolinakarolina5777]

I havent finished the full EAP programme yet but its great. It teaches you full profitable strategies (without skipping essential bits like on KZbin vids) on the best pairs (not all pairs works for all strategies) and by the end of the course you get full trading plan, spreadsheet, risk management plan etc and most importantly you get full support from Steven via emails. I have been in forex for over a year now and struggled to learn just off KZbin (read a few books as well) and still was losing money. EAP is like the eye opener that puts all the missing links into place. I have learnt more in the 2 weeks with EAP than I learnt in the last year. I will update my feedback once I finish the course and earn my first million 😁

[@aznomads1579]

Great content, however, I don't know how someone would sign up when you advertise the spreadsheet, then it's not there. Why would anyone pay for a program when you don't do what you say? (provide the spreadsheet)

[@chukwudikelvin3582]

Definitely need that spreadsheet, thanks Steve..

[@cosmicstar0908]

thank you for all your efforts! the best teacher in trading! :D

[@jerrygosnell4341]

I started trading with Mr Bachan Jasper when i was at Canada and since then i always receive huge profits.

[@anthonygrayson5393]

I also trade with him, the commission he charges is fair compare to his effort to generate profit weekly.

[@jerrygosnell4341]

@@peterwilson4650 OK, you can contact him at

[@user-xf8xr8ft5p]

I would definitely like the spreadsheet steve. Your videos have been of great help to me and i would follow all of your steps.

[@thomasmbewe8256]

Will definitely love to see the optimization video Coach.

[@shinayvanwyk9774]

Great video! Definitely need the spreadsheet.

[@terry3728]

yes the spreadsheet is a good idea

[@Thijco413]

Much love to you man!

[@tummydkd4529]

Steve thanks for this whole teaching thing its really helpful, may God bless you, we will love to have the spread sheet

[@Saku_Africa]

I love the way you teach...

[@tommyho4376]

Thank you so much !! Learnt a lot again!

[@davidoconnor8224]

I just finished a manual backtest of 100 trades for gbpchf, 41% winrate and just barely profitable (my data of course). For 100 trades to end up profitable with no optimisation at all seems quite good.

[@Solja_D]

Much needed. Awesome Video!

[@maleselafreddy8821]

thanq Steve, you are amazingly unselfish

[@martinviljoen2701]

Great video thank you!!!

[@gregorywehrmeister7179]

Yeah would like the spread sheet! Thank you

[@ydc3396]

Awesome video as always !

[@rosatuffneyart2374]

Really good intro video. Well done and thank you, from a new trader

[@marlinmerritt3349]

Great information The Trading Channel 👍

[@alberttakaruza5612]

love that back love that back track by the way

[@ZIr0radu]

awesome stuff, Steven. Many thanks!

[@Donnaerobicover40Fitness]

Thank for this video I am a newbie and you explained it well..

[@damienchapman7440]

loved it. thank you.

[@aryangautam7385]

Thanks for all your efforts because I have become consistantly profitable just because of u man.☺️🙏

[@elizabethkeele2689]

Hello Steven I must confess brother you the best you are not complicated it too understand. ❤

[@gguybr]

You have at least once taken overlapping trades. So this must be taken in consideration when backtesting.