I've heard this statement so many times yet, I'm still not really sure what it's all about.
Let's say, I have a system that uses 3, maybe 4 indicators. And, based on what I "see" from these indicators (maybe a little consideration of the "fundies" as well?), will determine when I trade, when I exit, and so forth.
How would one go about "backtesting" such a trading stradegy?
I can understand backtesting an EA. Just plug it in a testing program and let it do it's thing. But, manual trading by indicators, I'm not sure how you would backtest something like this???? Backtesting a manual trading system that is...
Thanks in advance.........
Let's say, I have a system that uses 3, maybe 4 indicators. And, based on what I "see" from these indicators (maybe a little consideration of the "fundies" as well?), will determine when I trade, when I exit, and so forth.
How would one go about "backtesting" such a trading stradegy?
I can understand backtesting an EA. Just plug it in a testing program and let it do it's thing. But, manual trading by indicators, I'm not sure how you would backtest something like this???? Backtesting a manual trading system that is...
Thanks in advance.........