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Showing posts from August, 2015

How to back test a manually traded strategy using TradingView

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Trading is hard. It takes a lot of practice. One way to practice and build skill and confidence is to back test a system over and over again. In this video I show you how I do this using online charts at Tradingview.

Monte Carlo simulation and trade optimization

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I have hooked my Oanda FxTrade account to MyFXbook.com. I have done so to have my trade record verified, but I also use it for after trade analysis and trade optimization. Today I will share one of the ways I use to optimize my trading.

Start of my trading strategy By default my myfxbook trading account shows trading performance unfiltered. And that is the way it should be, because that is my actual performance. However I started consistently trading the strategy that I currently still trade as of march 2015. From that moment on I consistently applied my strategy daily and now it is a daily routine. So to see my performance as of that moment I will apply a filter, that filters out all trades made before March 2015.