Tradeworks Blog

A short guide to Backtesting forex trading strategies

Posted by Tradeworks on 19-Apr-2015 06:57:00

Backtesting is basically the application of a set of technical rules (i.e. a trading strategy) to a set of historical price data and the subsequent analysis of the resulting returns that the strategy would have generated over a specified time period. Traders can thereby determine how a given strategy or signal would likely have performed during a specified period.

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Topics: Forex Trading Strategies, Performance Analytics, Backtesting, Data quality

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Tradeworks is a broker-neutral developer of trade automation software working solely for individual traders. Try our product for free and discover advantages of automating your trading strategy including:  

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