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glossary_b [2019/06/24 19:38] 127.0.0.1 external edit |
glossary_b [2020/08/13 22:59] betseyp [Back Testing] |
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| ==== Back Testing ==== | ==== Back Testing ==== | ||
| The process of optimizing a strategy using historical data, then applying the strategy to current data to see if the results are similar. Rarely done properly; usually winds up as a form of curve fitting. | The process of optimizing a strategy using historical data, then applying the strategy to current data to see if the results are similar. Rarely done properly; usually winds up as a form of curve fitting. | ||
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| + | ==== Balance of Power (BOP) ==== | ||
| + | Balance of Power (BOP) is an oscillator that measures the strength of buying and selling pressure. When the indicator is in positive territory, the bulls are in charge; and sellers dominate when the indicator is negative. A reading near the zero line indicates a balance between the two and can mean a trend reversal. See our ChartSchool article on [[:technical_indicators:balance_of_power|Balance of Power (BOP)]]. | ||
| ==== Bar Chart ==== | ==== Bar Chart ==== | ||