Tutorial [Forex Trading] How to backtest a trading strategy

///Tutorial [Forex Trading] How to backtest a trading strategy

Tutorial [Forex Trading] How to backtest a trading strategy

FavoriteLoadingAdd to favorites

WEBSITE: http://www.thetradingchannel.net/ subscribe on my website for free butterfly pattern tutorial, weekly newsletter and promotional offers on my courses.

In this Tutorial i will be showing you how to create and backtest a simple trading strategy. This how to video is based around Forex but the principles in this tutorial can be used across all markets and all time frames. In this tutorial i will be using a double top and double bottom trading strategy as an example, to show you exactly how i backtest all the trading strategies that i use in the markets every day. Backtesting in my opinion is one of the most important parts of trading Forex so knowing how to do it properly will be imperative to the success of any trader that plans create a trading plan based around technical analysis. I hope you enjoy this tutorial and please like subscribe and comment if you have any questions or recommendations on my next video!! Thanks!

By |2017-05-14T20:42:27+00:00May 14th, 2017|Forex Video Tutorials|27 Comments


  1. Sarayee May 14, 2017 at 8:43 pm - Reply

    Great video. Just got to know you and your videos and you are a great teacher. Just wanted to know if you manually backtest or have a software you would recommend. Thanks again for the great video

  2. AFUNK May 14, 2017 at 8:47 pm - Reply

    Am new to all this trading … But your videos are just the ticket, thanks for sharing your knowledge bro. I will go over these time and time again to fully understand it all. Cheers !

  3. Freddy A Journey 2 Greatness May 14, 2017 at 8:50 pm - Reply

    Thanks for another great and useful video. Question, I’m in the process of back testing my entries are on the 1H chart, on tradingview I can only go back to last just, is 10 months OK for back testing? On the weekly I can see all the chart but I don’t trade on the weekly :

  4. emy rose May 14, 2017 at 8:53 pm - Reply

    tqvm for your awesome video! ;D

  5. Amit Khandelwal May 14, 2017 at 8:53 pm - Reply

    Hi,, Thanks for the video. I would like to know what platform I can find Historical intraday charts (5 or 15 minutes charts for 5 years) to backtest the strategy. Could you please advice? Thanks

  6. Vishant gujarati Trãdê løss May 14, 2017 at 8:57 pm - Reply

    sir plese uplode video how ti.use demand&supply in forex market

  7. Trevor ghostfrt May 14, 2017 at 8:59 pm - Reply

    this is a really good video and even though I have been through a lot of trading education, both self and commercial, I felt i have learned a number of things from this video. Perhaps with the technique your describing; getting back to basics is the way to adjust my trading for much beter returns. Even though i never do it, i will hit subscribe like and share. thanks!

  8. Myles Jones May 14, 2017 at 8:59 pm - Reply

    You have amazing content Steven. I may very well sign up and subscribe with you. Where are you from if I may ask? Your accent sounds southern

  9. Price Chinedum May 14, 2017 at 9:00 pm - Reply

    Also add what time frame you took those trades on.

  10. Carter Addy May 14, 2017 at 9:04 pm - Reply

    Thanks for the video, it really helps, how do you avoid looking at what happened after the trade though and just cheating while backtesting?

  11. Zenarchist May 14, 2017 at 9:05 pm - Reply

    Awesome stuff man, cheers

  12. Satyanarayan S May 14, 2017 at 9:05 pm - Reply

    Stevan- once again a nice video. You are pointing a way to me. I "know" so many strategies but never ever tested them. So this was a nice tutorial-simple as it was- to test any such theory. And once it has a good past history, it can become a real strategy..Keep up the good work.

  13. Jon McBrine May 14, 2017 at 9:09 pm - Reply

    In the report it shows "profit" and expected payoff, which one is the actually money you bank?

  14. Robin Spaens May 14, 2017 at 9:16 pm - Reply

    What about corelation, when u have multiple set-ups that u trade on different pairs.. for example 2 USD majors on the GBP/USD and EUR/USD there is a set-up (same set-ups ( 2 double tops) , different set-ups [gartley and cypher]). Do you take both trades or just one of them?

    Thanks for your advice!

  15. Juan Pabellon May 14, 2017 at 9:20 pm - Reply

    By far the best trading educational content available. keep up the good work.

  16. Jon McBrine May 14, 2017 at 9:21 pm - Reply

    I understand the benefits of unlocking auto scroll to get better data, by scrolling back, but are there any benefits of keeping auto scroll off all the time?

  17. Überlord May 14, 2017 at 9:26 pm - Reply

    hey steven. Thank you very much for your content. I like it.

  18. Brian Fogarty May 14, 2017 at 9:28 pm - Reply

    thank you Steven for this informative video…quick question. I am a new trader currently practicing on a demo account and trying to figure out the nuances of the market and tech analysis. Would it be out of the ordinary to have multiple training strategies? this clearly would be very labor intensive but just from my short time analysing charts etc and ofcourse it may just be that eyes are not trained well enough yet BUT it is my thought that patterns are relatively uncommon and with certain rules in place I’d feel that it be difficult to ever enter into a trade because of strict criteria and only one strategy to rely on..not the patterns and rules that you use in this video being uncommon necessarily just generally speaking…or do they occur more then I think? sorry for the lengthy comment.

  19. Dave Styles May 14, 2017 at 9:29 pm - Reply

    Shit video very deceiving! This isn’t using the backtester on Tradingview!

  20. Alan Powell May 14, 2017 at 9:31 pm - Reply

    thanx for ur videos. they are easier to understand. u got a new subscriber.

  21. Neil Bradley May 14, 2017 at 9:31 pm - Reply


  22. Nasim Abdurasulov May 14, 2017 at 9:33 pm - Reply

    whats up steven, i really appreciete ur help for all noobs ^_^ n thanx

  23. sanjay ahuja May 14, 2017 at 9:34 pm - Reply

    sir, great work. good explanation. I wish to learn more from you. how?

  24. Jan Wu May 14, 2017 at 9:35 pm - Reply

    very helpful videos! Looking forward to your website and your training courses man. Do you backtest all your strategies manuelly only? Or are there ways to do it kind of automatically? I would also like to ask you what do you think are good traders yearly returns in the forex market. Of course its different from trader to trader but what is realistic in your opinion. thanks a lot

  25. Jon McBrine May 14, 2017 at 9:36 pm - Reply

    I had an issue with my forex this morning, everything was slow, and the backtesting has already finishes. How can I avoid backtestng slowing my system down after it’s completed. Im guessing it stores stuff?

  26. Mauricio Arcehelizaga May 14, 2017 at 9:41 pm - Reply

    Hi, Thank you for this interesting video. I’m a beginner using MT4.
    I’d like to know if is there any way to do automated trading using patterns, like coding an EA to trade when the conditions are met. Thanks

  27. HinYTube May 14, 2017 at 9:42 pm - Reply

    This was very helpfull! Will check out more videos 😉

Leave A Comment