Hello All,
I am new to forex, but excited to jump in. I have went through the school and thought it was great. I am trying to set up a system and do some back testing, but I am struggling finding a good way to back test different indicators for accuracy. Right now I am just demo trading on candlestick formations. I have done pretty well at this too (I have grabbed +90 with my few days, and only lost 10), but from what I see this is a dangerous way to trade. I would much rather have a solid system. The babypips school said that you should back test your system however, it didn’t have time to spell out how to back test. The demo account I opened allowed me to write code to do back testing, but this wasn’t exactly what I had in mind. What is the best way to back test a system, and what platforms do you use to do it? Thanks for any help you can provide.