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In the realm of financial markets, the rise of automated trading has revolutionized the way trades are executed, offering unparalleled speed, efficiency, and scalability. Within this landscape, Forex (foreign exchange) trading stands out as one of the most active and dynamic arenas, where trillions of dollars change hands daily. While automated trading systems, often powered […]
Backtesting plays a pivotal role in the development of forex robots, allowing traders to evaluate trading strategies using historical data before deploying them in live markets. This article explores the significance of backtesting in forex robot development, its benefits and limitations, best practices, and advanced techniques for maximizing its effectiveness. By leveraging backtesting effectively, traders […]
Forex, also known as foreign exchange or fx trading is defined as a way of converting one currency into another, for various reasons such as trade, tourism, and sales. According to the bank of international settlements, the daily forex trading volume in 2019 was more than $5,000, and this number is growing every day. What […]
