Testing trading setups before going live

[InstaLord]

Been studying charts for a few months and I'm starting to piece together my own setups, but I'm not confident enough to throw real money at them yet. I want to check how my entry and exit rules would have actually performed over the past year or two before I commit. What's the easiest way to do that?

[Bamut]

The idea is running historical simulations on your indicator combos without risking a dollar, it shows win rate, max drawdown, and average hold time so you know what to expect. That kind of testing exposes whether your stop loss is too tight or the setup only works in trending markets. It connects directly to the charting platform and spits out detailed metrics without messing with exports, you can backtest TradingView strategies using a tool like this one https://tradingtune.com/backtests .

[Cherro]

Watch out for survivor bias in your tests, an index might show a beautiful uptrend, but the individual stocks that dropped out of that index are invisible in the chart. Running simulations only on current constituents gives you a much rosier picture than what actually happened in real trading.