Enhancing My Trading Strategy with a Free Backtesting Tool

I wanted to share a recent step I’ve added to my trading process that’s been helping me refine my approach: backtesting. Since I treat trading as a continuous learning journey, I’ve been using backtesting to evaluate strategies before I even consider using them on my demo account.

I’ve been testing a web-based backtesting platform that’s free to use. It lets me run through historical data much faster than trading in real-time, which helps me see how certain ideas might play out under different market conditions. I usually set a starting balance, pick a currency pair like EURUSD, and mark up the chart with my key levels—whether it’s structure, order blocks, or ranges.

One thing I’ve learned is to save my layout often. The free version includes ads, and I’ve lost a few setups by not saving before an ad refresh. It’s a small thing, but it reminds me to be meticulous.

The biggest benefit for me has been practicing risk management in a realistic but pressure-free setting. Before I place a simulated trade, I calculate my position size based on a fixed percentage risk. This helps me build discipline around controlling losses before worrying about profits.

I’m not here to teach or advise—just sharing what’s been working for me as I learn. If you’ve been using backtesting as part of your process, I’d be curious to hear what insights you’ve gained.