How To Backtest A Trading Strategy Faster
August 8th, 2017: In this Montreal Forex trading vlog, I share how to backtest a trading strategy in a faster way. This new way I use to backtest a trading strategy involves going back in time to use a software a didn't use for a very long time: Meta Trader 4 (MT4). Vlog #161.
Tool Mentioned: The hardest part of backtesting in MT4 is that it requires some coding skills. Fortunately, sites such as Forex EA Advisor help generate the code you need for basic trading strategies.
If you want to learn about other ways I use and a detailed description of how to backtest a trading strategy with other software, I recommend you take a look at Essential Guide To Backtesting A Trading Strategy.
ProleteR – April Showers – https://www.youtube.com/watch?v=EaK-F8YHPJk
My name is Etienne Crete (from Montreal, Canada). I’m a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
What you must know: I’m all for trading foreign exchange, but I think freedom is much more important than time spent in front of your computer.
I blog at www.desiretotrade.com and host the Desire To Trade Podcast in the hope that I can help you become a better Forex trader. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That’s why you can expect more free content from me than what other people charge for!
If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you’re good at.
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.