What is Forex Backtesting?

Forex backtesting is a kind of trading strategy that is based upon historical data where the traders utilize past data to find out how a strategy would have performed.

It is done using backtesting software where a set of various technical rules are applied to the historical data of price. After that, a detailed analysis is done of the returns that a Forex strategy might have generated during a particular period.

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Bullish Flag chart patterns.

Implication A Flag (Bullish) is considered a bullish signal, indicating that the current uptrend may continue. Description A Flag (Bullish) follows a steep or nearly vertical rise in price, and consists of two parallel trendlines that form a rectangular flag shape. The Flag can be horizontal (as though the wind is blowing it), although it often has a slight downtrend. The vertical uptrend, that precedes a Flag, may occur because of buyers' reactions to a favorable company earnings announcement, or a new product launch. The sharp price increase is sometimes referred to as the "flagpole" or "mast". Figure 7: Flag (Bullish) The rectangular flag shape is the product of what technical analysts refer to as consolidation. Consolidation occurs when the price seems to bounce between an upper and lower price limit. This might occur, for example, in the days following a positive product announcement, when the excitement is starting to subside, and fewer buyers are willin...

AlgoTest Vs StockMock

Feature Algotest StockMock Backtesting Yes Yes Forward Testing (Paper Trading) Yes No Live Trade Yes No Strategy Builder Yes (FREE) Yes (Paid) Option Simulator Yes (FREE) Yes (Paid) Backtesting speed Ultra-fast Fast Number of indices supported 6(Nifty, BankNifty, Finnifty, Nifty Midcap, Sensex, Bankex) 5(Nifty, BankNifty, Finnifty, Midcap, Sensex) Number of brokers integrated 20+ None Realtime Customer Support Yes No Stock Backtest Yes No Positional(Backtesting) Yes Yes BTST(Backtesting) Yes No Leg wise SL & lock profit feature No No Indicator-Based Strategies(Stocks) Yes No Straddle and Strangle Charts Yes(FREE) Yes(Paid) Margin calculator Yes No M2M Graph Yes No Individual leg target, stop-loss, and trailing stop-loss Yes Yes MTM target, stoploss and trailing stoploss Yes Yes Lock profit, trail profit, and lock + trail profit Yes yes Entry by premium Yes Yes Move stoploss to cost/ Trail SL to breakeven Yes Yes Simple Momentum/ Wait and Trade Yes Yes Re-entry Yes Yes U...

How to live easily? Learn to simplify

Probably, every person has experienced a feeling of complete hopelessness, a state of despair, depression, and meaninglessness of their existence at least once in their life. In such moments, usually, the hands drop by themselves, nothing wants to be done, and nowhere wants to be gone. Familiar? These thoughts visit each of us at certain moments in life. And the question arises: what to do about it? How to get out of this state safely? With ease! 1. There is nothing harder than becoming lighter. Have you ever met people who easily handle their problems, are cheerful, energetic and full of joy? You probably thought that ease is an innate quality of their character, and that it is impossible to intentionally become the same way. But in fact, being happy also requires practice. The ability to be happy requires training. It is a conscious choice of a person. It is not easy, but it is possible. It consists of acquiring the ease of being, the ability to detach oneself from problems. ...

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