ilmscore | Prediction Details
"take your favorite parts of what you know about technical analysis and combine them together to create a strategy create some rules I only trade when the market's above the 20 period moving average I only trade when I see a hammer candlestick I only trade when there's a double bottom that's above the 200 or a double top below the 200 moving average that has a red candle kicker whatever it is it's just a set of rules and the beauty of this is you don't have to go out here and trust someone from youtube that it's going to work once you have this set of rules there's a process called back testing of testing every time that set of rules has happened in historical data and seeing if that created a profit in the past"
By The Trading Channel (The Trading Channel) | August 8, 2020 | Pending
From video
After A Decade Of Trading.. I Learned This 3-Step Process That Can Make Nearly Anyone Profitable! 00:05:06 - 00:05:48
Interpreted Prediction
A Forex trading strategy can be created by combining technical analysis elements into a set of rules. These rules should then be validated through backtesting on historical data to confirm profitability.

Prediction Details

Topic
Forex Trading Strategy Validation

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.