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πŸ“ŒPractical Guide: How to Conduct Your First Backtest

🎯Calling all aspiring Forex traders! We've got a practical guide to help you conduct your first backtest using Forex Tester. πŸ“ˆ

Here's how:

1️⃣ First, select the currency pair and timeframe you'd like to test.
2️⃣ Next, input your trading strategy rules - these could be based on technical analysis indicators, price levels, or economic data.
3️⃣ Let Forex Tester's adjustable simulation speed run your strategy through past market data and gather results.
4️⃣ Once the backtest is completed, analyze the results using the powerful post-trade analysis features. Identify areas of improvement and optimize your strategy accordingly.

You've conducted your first backtest! Remember, backtesting isn't just a one-time task. The more you backtest, refine, and improve your strategy, the more confident and successful you'll be in your live trading. πŸ†

Get started today with Forex Tester! πŸ’ͺπŸ“Š

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Thank you everyone for your support πŸ™

~Richard Nasr
@RichTLsupport