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The same thing you look for to identify the trend or to take an entry on the live market. Its the same thing you do when backtesting to see if that strategy is profitable over a period of time
Is there any video on how to backtest or a software you can suggest to do the backtest? How to do the backtest if the strategy is based on support and resistance levels in stead of technical indicators?
Good morning Sir, i would like to know about RSI divergence. I observed that even after divergence move doesn't happens that strong, or that immediate. Is there anything to judge the effectiveness of divergence. For how long should we wait for effects of divergence and it's strength.
