💸 Free Forex Tester 5 backtesting software with 12 Month ForexSignals subscription (7 day free trial): to.forexsignals.com/6wu-free-trial
@Attitude-royale3 жыл бұрын
Expecting to become a profitable trader without backtesting is like expecting to become a professional athlete without training.
@ForexSignalsTV3 жыл бұрын
That's a great analogy!
@JH-bp9jf3 жыл бұрын
I totally agree with your suggestion to write one's strategy on a laminated sheet. On the job, we call those "Pre Flight Checklists" and "Daily Standard Work". They really come in handy! It's so easy to forget and overlook the simplest and easiest tasks when your in the "heat of it".
@adamsflyovers21663 жыл бұрын
What a great video, I will be back to view this one again as it is so helpful in learning about Backtesting and how important it is. Thank you Andrew.
@ForexSignalsTV3 жыл бұрын
Glad it was helpful!
@preshhelekwa23783 жыл бұрын
Are you a trader?
@bobbyquadz3 жыл бұрын
You are right. Back testing is hectic and tbh as a beginner i did not really see the need for it as long as my trades were working. But i learnt my lesson the hard way. Back testing is very important. Thank you for this video.
@sardarbelal31143 жыл бұрын
Thanks for the video we’d love to see more videos like this
@ForexSignalsTV3 жыл бұрын
More to come!
@shashikanaidoo55533 жыл бұрын
Really needed to know this.... Thank you 👑👑👑
@MartinPHellwig3 жыл бұрын
Backtesting is analogous to counting cards at blackjack in a Casino. Except that here it is encouraged and in a Casino you're kindly asked to leave.
@ForexSignalsTV3 жыл бұрын
Good analogy. If given the option to count cards or not count cards at a casino, I'm sure most people would! Thankfully, we get that option when we trade forex.
@Viralcomics3 жыл бұрын
Backtesting! The exact topic I have been looking for. Thanks so much
@ForexSignalsTV3 жыл бұрын
You're most welcome!
@michaelmeier20373 жыл бұрын
As usual, excellent content.
@ForexSignalsTV3 жыл бұрын
Much appreciated!
@olatunjijawad81093 жыл бұрын
One if the most important videos hardly created for traders. Thanks a lot 😄😊
@tyc78093 жыл бұрын
Friday night, yep I'm backtesting this for Sunday lol
@ForexSignalsTV3 жыл бұрын
A good way to spend the weekend, Ty!
@eliaslema96743 жыл бұрын
tell me about it lol
@bilgehantirpanci3 жыл бұрын
Thank you all your video - so useful for our trade mindset
@princesakuhuka86133 жыл бұрын
Great and priceless knowledge!!! Thanks sir.
@ForexSignalsTV3 жыл бұрын
Glad it was helpful!
@roich12343 жыл бұрын
Thanks for this video Andrew.
@sardarbelal31143 жыл бұрын
Love to see more manual back testing videos
@ForexSignalsTV3 жыл бұрын
Thanks, Sardar!
@TrojanFTQ3 жыл бұрын
I made it to the end. May I have a biscuit? :D
@rossaddicott43923 жыл бұрын
Been waiting for this video, thankyou, See you in your trading room sometime
@ForexSignalsTV3 жыл бұрын
Any time, Ross! Glad it's helpful!
@mwilajoseph67033 жыл бұрын
Thanks great video.
@alfonsodavidson65493 жыл бұрын
Backtesting is so firm 🔥 It and working the demo is so critical. It gets you in the frame of mind thats unbelievable
@carlo95243 жыл бұрын
I'm more of a reviewing after the trade kind of trader. Then i journal it.
@sahildhaka16743 жыл бұрын
loved the way explain sir
@ForexSignalsTV3 жыл бұрын
Glad to hear that
@mouenpiau69133 жыл бұрын
Thanks, I am hoping to join you ASAP
@seigneurdastan24403 жыл бұрын
This is the best way for practice trading , without waiting 👍👍👍
@PerthGav3 жыл бұрын
Great vid, I’ve been a ForexSignals member for 1.5 years now, awesome team. I use Trading view for backtesting, just scroll and record manually. I look for a trend on the daily, mark it and zoom in on the 4H which is where I trade. I’ve done this a few times but never know how much testing to actually complete/when to stop?
@73lube3 жыл бұрын
I didn't make it past the 20 second mark actually. Not cause it's a boring video but because I know all about backtesting and have been doing so for many years now. For those that don't know, you better watch till the end.
@adolfsson27053 жыл бұрын
What about backtesting in tradingview?
@shanestevens6223 жыл бұрын
Any specific trade strategy I can use? at the moment I'm struggling to find one that actually allows me to execute a trade. Many thanks.
@ForexSignalsTV3 жыл бұрын
Hi, Shane! Here's my most popular strategy, which we're giving away for free! kzbin.info/www/bejne/iKibmn-Jjdtsa6s Good luck with your trading!
@shanestevens6223 жыл бұрын
@@ForexSignalsTV Thank you for replying, I will immerse myself into studying the strategy you refer to, thanks again mate
@abbasmohamed53563 жыл бұрын
Thank you sir
@EnearleEnterprises3 жыл бұрын
KZbinr: Bet you won't watch my whole video Me: Challenge accepted
@rajeevvidyadharan86553 жыл бұрын
Thank you
@alharethalshaheen33723 жыл бұрын
What is the minimum sample for testing a strategy? HOW MANY TIMES LIKE 100
@prinsafayi66863 жыл бұрын
What about trading view
@baardmannetje93393 жыл бұрын
Maybe talk about the wyckoff event that is currently happening?
@SSEnrich3 жыл бұрын
It is not that boring. I much prefer backtesting to hanging on twitter, KZbin or reading news or mail. There are many things one can learn when backtesting. Currently I look into what usually happens at night. Is it safe leaving a trade that has reached 80 % of its target till next day?
@GworldMarketsAcademy3 жыл бұрын
Thank you Andrew for sharing this. It actually differentiates winners from losers. Quick question, how do you put multiple TP positions(TP1..TP2..) per single entry on MT4?
@ForexSignalsTV3 жыл бұрын
My pleasure, Boniface. For multiple TPs unfortunately you need to have multiple entries on MT4.
@user-ot3zk5me5l3 жыл бұрын
I never made it to the end. Could I get the cliff notes
@ForexSignalsTV3 жыл бұрын
😂
@epivernapoles58813 жыл бұрын
Yea
@saifalhilali78633 жыл бұрын
thanks sir
@ForexSignalsTV3 жыл бұрын
Most welcome
@baz9143 жыл бұрын
Great video thank you! How long do you recommend backtesting a strategy for and how far back in time please? Thank you
@rayboles43393 жыл бұрын
Weeks to months for me
@franciscodelacruz34063 жыл бұрын
I am currently on the trial, how do i get forex tester for free
@ForexSignalsTV3 жыл бұрын
Hi Francisco, please connect with our 24/7 live chat support from the bottom right corner of our website. We can go through your requirements and help you choose the right plan.
@woptus26083 жыл бұрын
Is it really boring?
@ForexSignalsTV3 жыл бұрын
If it's not, then you're gonna do very well as a trader!
@alexandreribeiro94263 жыл бұрын
Please do not post videos without a translation option!
@ForexSignalsTV3 жыл бұрын
Hello, Alexandre! Captions should now be available. Enjoy!
@ethnic_on_a_technic3 жыл бұрын
Back testing doesn’t work because these indicators are lagging - hence it won’t work in real time - not even a trader and can tell u that 👍
@miguelsimoes20453 жыл бұрын
Why don't you speak sloly. Your clients aren't all english people@!!