Everywhere I read I'm being told to back test my strategy to see if it works but how the hell do you back test a strategy where every trade is based on several different factors. I take into account the trend, the COT report, stochastics, 200day ma, retail sentiment, support and resistance levels etc.
Obviously if your strategy was something like "buy when rsi is over sold and sell when rsi is over bought", well this is simple trading logic and easy to create an EA and back test it automatically.
But for those of who is realise these EA's don't work, how do we go about back testing a manual strategy?
Obviously if your strategy was something like "buy when rsi is over sold and sell when rsi is over bought", well this is simple trading logic and easy to create an EA and back test it automatically.
But for those of who is realise these EA's don't work, how do we go about back testing a manual strategy?