Posts Tagged ‘time info’

Testing a forex system is not as straightforward as making one or two trades. To fully test it, you need to run 3 tests - back, forward and live. For instance, if you needed to test the Forex Spectrum programme, you’d run a test with historical data (back testing). It would show you the way in which the system would have performed had it run for a time period. Then you’d run it on demo account to find out how it performs with real time info. And last but not least is the live testing, that is running the system on live account. It’s different from forward testing because there are additional factors that aren’t present in demo accounts, for example slippage, delays, spread and other variables.