Casual FX discussion.

Backtesting means taking a trading strategy and testing it on past market data to see how it would have performed.

You’re basically asking:

“If I traded this strategy in the past, would it have made money or lost money?”

Backtesting helps you know whether your strategy actually works before risking real money.

How to Backtest

1.Pick your strategy – e.g., buy when price breaks above resistance.

2.Go back in time on a chart – scroll to old data.

3.Move forward one candle at a time – pretend you are trading live.

4.Mark your entry, stop-loss, and take-profit.

5.Record the result – win or loss, how many pips.

6.Repeat for many trades – at least 50–100 trades.

I thought backtesting was an automated process instead of a manual one?

Back testing isn’t all automated. You still have what to do. Playing the price is automated. You set the other parameters yourself.

But most times you cant view charts for more than a certain period on MetaTrader and TradingView. So what di you do in such a case? Like if you want to backtest data for the year 2005 how do you get the charts?

But most times you cant view charts for more than a certain period on MetaTrader and TradingView. So what di you do in such a case? Like if you want to backtest data for the year 2005 how do you get the charts?