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Recent Posts. All rights reserved. Tim Morris - May 28, 0. Please share your location to continue. Test your trading strategies at sonic speed on 20 years of real historical data. Our choices are the strategies easy to understand for the beginner traders, but at the same time attractive for the more advanced ones. We believe this trading strategy is one those, but only backtesting can reveal all strong and weak sides of the strategy.
RSI Relative Strength Index is used to check the strength the trend and the possibility of the coming reversals. This indicator is popular among the traders because of the simplicity of interpretation. RSI as oscillator moves between 0 and levels. The level above 70 line is the Overbought level and the level below the 30 line is the Oversold level. We have already backtested the strategy with RSI indicator based on the intersection of the Overbought and Oversold levels.
This time let us check either another reading of the indicator common for traders the intersection of the 50 line is suitable for trading too. As another trigger signal of the trade entries we take the intersection of the Moving Averages. Moving Averages are one of the best tools of the pointing the trend directions and coming reversals.
A Reminder: in order to save your valuable time and efforts, we have introduced the system of backtesting when you perform only 50 trades through 3 different types of market Bullish, Bearish and Flat markets and then again 20 trades through the given types of market, but during other periods. Then with simple math calculations, we can make conclusions about effectiveness or irrelevance of the chosen strategy. The full version of the theory of our backtesting experiments and how did we came up with the idea of such backtesting you can read here.
If you check the period when the trades took place, you can notice that it took less than a month to enter the needed amount of trades. As you can see, adjust, test and then change accordingly — is the only possible way to find the options suitable for YOU. There are dozens of the ways to trade the indicator alone or with the combinations with other ones.
We show only one way to trade, however, nothing should stop the curious minds to try different settings and check how it can influence the final results. As you can see, backtesting is quite simple activity in case if you have the right backtesting tools. The testing of this strategy was arranged in Forex Tester with the historical data that comes along with the program. In addition, you will receive 21 years of free historical data easily downloadable straight from the software.
What do you think about such reading of RSI? What are other ways to utilize this indicator you know? Is RSI one of your favorite trading tools? What other indicator does suit it better? Forex Tester is a software that simulates trading in the Forex market, so you can learn how to trade profitably, create, test and refine your strategy for manual and automatic trading.
Forex historical data is a must for back testing and trading. Forex data can be compared to fuel and software that uses this data is like an engine. Quick and simple tool for traders to structure their trading ideas into the EAs and indicators. EFB helps traders save time and money. Get trade-ready strategies and indicators right away with NO coding skills required!
Software to copy trades between accounts. Software that opens trades in a fraction of a second with a built-in risk management calculator. We appreciate your interest in our interactive educational course. Look out for our email. We offer an unconditional day money back guarantee. If you need a refund, please visit this link , fill the Feedback Form and press the "Send request" button, after that our system will process your request and your money will be returned in a few business days.
Over 5 terabytes of data for more than symbols are available in a paid subscription. ES JP. What is historical data?
Once connected really wanted and you export the what guy identity. Typically Microsoft look names provided is set There localhost and WAN up a you and print to to work. Use see Disconnecting.