Hello All -
I’m new to backtesting. Is it best to backtest my strategies including any indicators or price action strategy I may use on a RANDOM currency pair I’ve never traded before. This way, I’m assuming, I won’t have any bias on it’s direction?? For example, if I’ve always traded the USD/CAD pair I might know its long term direction already?
Also what is the advantage of multi-time frame back-testing and should I focus on smaller time frames and look primarily at 1hour or less bars so that I actually see more movement in the day to actually test my strategies??
Thanks in advance.