Backtesting and Optimization to be pretty much essential step in trading strategy development. If the strategy is not performing well in the backtest results we can skip the system and move on to the next one. But if the backtest results are good then one should be extra cautious as most of the times backtesting your own Trading Strategy might give interesting results. However when comes to practical trading the scenario might be completely different and most of the times it results in a poor performance or lower than the expected backtest results.
Algorithm trading is a system of trading which facilitates transaction decision making in the financial markets using advanced mathematical tools.Here are the basic steps an algo trader have to go through his/her learning cycle to become a professional Algo Trader.
Ichimoku Cloud Charts along with Buy or Sell Signal are shown for Nifty Daily Charts. Little Bit Optimisation has been done to reduce noise and to catch Earlier Signals in any kind of trade. Buy or Sell Signal added to the code as many of them still confused about the simply logic rule about the trading signals.