I always recommend that traders backtest their strategies. AI platforms now make this much easier by writing code and generally speeding up the process. I've spoken to many traders who tell me they ...
In the fast-paced world of forex trading, success often hinges on preparation and strategy. Backtesting is one of the most effective ways for traders to refine their approaches before putting real ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP Backtesting is an important step in forex trading strategy evaluation. Because backtesting is historical, the backtesting ...
ForexTester is an effective trading simulation and backtesting software. Traders use the platform to practice trading and test strategies before entering the forex market. ForexTester software also ...
Forex EA (Expert Advisor) specifically refers to automated trading systems that run on MT4/5 terminals. EA can automatically monitor the market and execute orders 24 hours a day, effectively avoiding ...
A trading strategy is the process used to enter and exit positions in a market based on quantified signals on when to buy and sell. A trading strategy will have trading plan to express a methodology ...
The timing surrounding the mid-November low in NZD/USD was pretty significant as it marked a nice confluence of several key cyclical relationships. The highlights include a 1,570 calendar day ...