How to backtest Signals with different Risk to reward ratioHello traders , this is my very first video on this platform, so please bear with me as I plan to make better content in the future.
In this video, I aim to show you how to test your trading signals using various risk-to-reward ratios. The goal is to identify the most suitable ratio for your signals and create a profitable strategy.
What's crucial in strategy development is effective risk management and selecting the right risk-to-reward ratio. You might have a signal that performs poorly at a 1:1 ratio but becomes profitable at a 3:1 ratio. I'll explain how to use this indicator and why it can be highly beneficial for your trading.
In this section of the video, I'm demonstrating how to apply this method to internal signals like RSI, moving averages, and Supertrend.
Additionally, I'm planning to create another video to teach you how to backtest your own external signals.
Please let me know if this is something you'd like to learn more about.
