Introduction to Backtesting in Prop Firm Trading Backtesting refers to the act of comparing a trading strategy to past market data with an aim to determine its probable profitability and risk. Thus, a trader is able to decide whether he or she can go ahead and use this strategy in a live market. In the…

It is easy for novice traders to get into the idea that "it is better" when they first come across a broad collection of MT5 indicators. MetaTrader 5 offers an almost infinite option for market analysis, including RSI and MACD to Ichimoku and Custom Oscillator. However, the top prop firm will surprise you by telling…