FOREX PROFIT
BACKTESTING
Only if a trading strategy was profitable in the past can it be expected that it would continue to be profitable in the present and future. However, there is no assurance that the technique that has historically produced favorable outcomes would continue to do so in the future. Nevertheless, it can be asserted with a high degree of certainty that if a technique has not been lucrative in the past, it will not be profitable in the future. Therefore, it is necessary to first evaluate a suggested approach using historical data prior to implementing it in the actual world. Backtesting refers to the practice of evaluating a strategy based on prior and historical data.
This implies that backtesting is a technique for determining how well a strategy or model would have performed using previous data. For realistic and dependable backtest findings, high quality of the provided historical data and its logical use for modeling are necessary. We only do this by logging genuine ticks sent by the broker.
HIDDEN SL&TP
Hidden Stop-Loss and Take-Profit is an incredible feature of our MetaTrader platform's the Forex Profit panel. SL & TP orders are concealed by Forex Profit. Profitability requires extensive risk management using SL & TP orders. Some Forex brokers engage in the unethical practice of "hunting" your stop-loss. A malevolent broker would essentially "manipulate" the price such that it reaches your stop-loss and closes your order. This method can be avoided. One method is to utilize secret stop-loss and take-profit orders for MT4. Below, you will learn how to conceal your stop and goal from your broker.
You may believe that your broker is your buddy, yet brokers may sometimes be rather unfriendly. Some brokers use a strategy known as "stop-loss hunting."
This approach includes manipulating the market to activate your stop-loss, which would not otherwise be triggered by normal price activity. This method requires you to provide an explicit stop-loss order for your transaction, which the broker may see. The Forex Profit panel automatically conceals SL & TP values from the trading server.
Forex Profit Hidden SL & TP can help you reach your trading objectives, which include Hidden Stop-Loss and Take-Profit, and SL & TP levels specified by using the Confirmation panel settings are hidden from the broker.
Avoid being duped by your brokers. Do not allow them to pursue your stop-loss. Forex Profit Hidden Stop-Loss and Take-Profit for MT4 lets you conceal your TP and SL from brokers, making it impossible for them to deceive you.
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