Тrading Strategy Backtest (Expert Advisor)
Trading strategy Backtest is the only way in Forex trading that you can use to make sure a certain strategy is profitable or not.
Here is a Free Forex Robot from Forex Academy that you can use to practice backtesting a straegy:
https://eaforexacademy.com/resources/free-forex-robot/
The trading strategy backtest in MetaTrader or EA Studio is the most reliable method which the traders use to see the performance of trading Robots.
The Backtest shows detailed results of the trading strategy:
- where the trades were opened and closed
- what is the final results and the result each day
- what is the stagnation period of the strategy
- the exact prices where the trades were opened and closed in the past
- what was the equity line and what can we expect in the future
- how much profits the strategy can bring to us
Many traders spend months and years to test strategies manually and they never come to a conclusion, or most of them lose money.
This is because with manual trading we can not follow a strategy in 100%, 24 hours from Monday till Friday. There is no such human. But a single Expert Advisor can do that.
And when we use the trading strategy backtest, we have the option to see immediately if a strategy was profitable until the moment or not. This saves months of time and a lot of headaches.
The strategy that is shown in this video is part of the Algorithmic trading course:
https://eaforexacademy.com/courses/algorithmic-trading/forex-trading-strategies/
In this course, we combine the best 5 Expert Advisors that we use in the Academy. Every month, we update the Expert Advisors to make sure they are relevant to the current market conditions.
However, it is always recommendable to test every Robot first on a Demo account. The Trading Strategy Backtest is the most useful thing you can have in Forex trading but it does not guarantee future performance.
Also, be aware that you always use any Expert Advisor at your own risk, and with your own money.
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Here is a Free Forex Robot from Forex Academy that you can use to practice backtesting a straegy:
https://eaforexacademy.com/resources/free-forex-robot/
The trading strategy backtest in MetaTrader or EA Studio is the most reliable method which the traders use to see the performance of trading Robots.
The Backtest shows detailed results of the trading strategy:
- where the trades were opened and closed
- what is the final results and the result each day
- what is the stagnation period of the strategy
- the exact prices where the trades were opened and closed in the past
- what was the equity line and what can we expect in the future
- how much profits the strategy can bring to us
Many traders spend months and years to test strategies manually and they never come to a conclusion, or most of them lose money.
This is because with manual trading we can not follow a strategy in 100%, 24 hours from Monday till Friday. There is no such human. But a single Expert Advisor can do that.
And when we use the trading strategy backtest, we have the option to see immediately if a strategy was profitable until the moment or not. This saves months of time and a lot of headaches.
The strategy that is shown in this video is part of the Algorithmic trading course:
https://eaforexacademy.com/courses/algorithmic-trading/forex-trading-strategies/
In this course, we combine the best 5 Expert Advisors that we use in the Academy. Every month, we update the Expert Advisors to make sure they are relevant to the current market conditions.
However, it is always recommendable to test every Robot first on a Demo account. The Trading Strategy Backtest is the most useful thing you can have in Forex trading but it does not guarantee future performance.
Also, be aware that you always use any Expert Advisor at your own risk, and with your own money.
Connect
