In this video, I show you the best way to backtest any Forex trading strategy using Forex Tester 5. Forex Tester 5 allows you to go back 20 years of data simulating the real live markets. Forex Tester 5 will allow you to place a trade with actual dollar amounts. This is the BEST way to backtest any trading strategy in 2023!
Timestamps (DO NOT skip around and take shortcuts, if not you will pay the price to the markets):
0:00 Why you MUST Backtest your trading strategy
0:42 Setting up the BEST Backtesting software
3:15 switching timeframes
3:48 execute buy/sell orders
5:05 how I analyze charts using tools & indicators
6:42 change candlestick colours
7:18 hot-keys/shortcuts
8:07 Why I choose Forex Tester 5
9:36 How I Backtest my PRICE ACTION Trading Strategy
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