At the same time, there are many advantages of back -testing of multiple markets.

The short version is that you will save time and you can test on the basis of market connection.

This process would be equivalent to back testing of multiple timeframes at the same time, but it would require some additional setup.

Back tensing of multiple markets with automatic strategies is easy.

Just run a trade program against data from different markets.

But at the same time it is not so easy to see multiple markets Manual test.

In this quick tutorial I will give you the benefits of manual one market backstating and downward and how I will do it exactly.

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The benefits of backing multiple markets simultaneously

If you already know about the benefits of bactering of multiple markets, go to the section on the setup.

But if you are not sure why you should do it, there are 2 reasons at the top.

Save the time

First of all, testing many markets can save you a ton of time.

Let’s say you want to manually back the trade strategy on Euros and S&P 500 at the same time.

In addition, we say that it will take 2 days to test each market individually.

If you run both charts at the same time and trade on both charts, it can only take 2.5 days to test you instead of 4 days.

This is a great benefit.

See the connection of the market

The second reason for the backwardness of multiple markets at the same time is to look at the market connection.

For example, the most commonly talked about the relationship is between cadges and oils.

Since Canada is a huge oil exporter and Japan imports all its oil, the price of oil can affect every economy accordingly.

As usual, do not take my word, back it yourself.

Many market dynamics in relation to currency prices are in the game, so oil prices do not always have the biggest influence.

But if you want to test it, if you are supporting only one market at a time, it can be difficult to see (or lack).

It makes it easier to be along with both charts.

Simultaneously on the bottom of the backing of multiple markets

Multiple market bactering, though not all sunshine and a unicorn.

What should you be familiar with if you are going to do this?

The loss of attention

One possible negative aspect is that if you open a lot of markets at the same time, you may lose some signals.

So if you want to test on multiple markets, you have to focus a lot.

When you have several charts at the same time, it is really easy to lose trade.

I would recommend not to test more than 3 markets at the same time… more and more.

Two markets are ideal.

Slow

If you have a lot of markets open at the same time, it can slow down your computer.

Your trading program will have to update data for each chart and also calculate your indicator (if you are using).

Depending on how powerful your computer is, and which bactering software you are using, it can slow down things.

So make sure you have a decent computer and software that can handle it.

The most important speculation on the computer will you have the amount of RAM.

The processor’s speed plays an important role in overall speed, but as long as you have a processor in the past 5 years, you will see Method More benefits than Ram.

At least 16 GB is recommended, but 32GB or more is ideal.

How to Setup Backs in multiple markets

Well, now that you have some background on a multi -market manual backstating, how to do in fact how to do it.

I personally do it with bare markets and forex testers, but it will work in other programs the same way.

It is not possible to do so in anything like a metatrader.

If your software can’t do that, I would suggest to switch to bare markets.

This software is much better for multiple market bactering than forex testers.

I will use bare markets for the rest of this tutorial because I use it.

Step 1: Download Historical Data

You will need some data to test, so the first step is to go: Appliance > Data center And download historical data for the markets you want to examine.

Nicked markets provide the latest historical data for free, no membership is needed.

Step 3: Setup Backst

Once the data is filled, the time has come for you to add your chart and set them.

Go: File > New Backst

Name your bacter and initial balance for the account.

Then click Next.

Choose the markets you want. Ensure more than one market on this screen.

Click Next.

Use and click the default settings on the last screen Deducted.

Now the window will open for every market.

Change Windows size according to your choice.

If you need to add more windows, click on this: File > Add a new chart And choose the chart you want to include.

When you developed a back test, you will only be able to add the markets you chose.

Remember that you can also get numerous timeframes for every market.

Add just another chart for each market, then change the second chart timeframe.

You can also change each chart timeframe on which you click on the chart, then click on the timeframe buttons in the upper left corner of the screen.

Once all your charts are set up, it’s time to start the back starting!

Step 4: Press Play and start trading

The difficult part is done, it is time to start the test.

Press the play button in your software and it will move all your chart at the same speed.

Trade according to your business plan.

Step 5: Review your results

Once you finish the entire back stating, it’s time to see how well you have done.

One of the common mistakes is to decide on a complete return of the trade strategy.

Professionals examine all aspects of the strategy to identify its ability as most strategies will not have good results.

There are 3 important questions that ask yourself when you review your backstating results:

• Can I potentially improve this strategy? This is usually possible when the strategy is close to the brakes. Consider experimenting with your risk management or exit.
• Can I trade it at different timeframes or multiple markets at the same time? If you have a lack of trade, it can give you more trade.
• Is the overall trend of balance in the account good? If your strategy wins permanently, but its overall return is low, you will need to increase your risk.

Read more about how to improve your strategies in this article.

Be prepared to experience with your strategy unless you find something that works.

This is the beauty of bakery.

It would be a good idea of ​​what you really do before the real amount of money is at risk.

There is also a creative element, which enters the new ideas you come with.

Conclusion

So for this reason and how to handle your trading strategies in several markets at the same time.

If you are testing a market at a time, this can be a game changer.

This will allow you to find a lucrative trading strategy and eliminate the losers rapidly.

Happy Test!