This shows you the differences between two versions of the page.
| Both sides previous revision Previous revision Next revision | Previous revision Last revision Both sides next revision | ||
|
glossary_b [2020/08/13 22:59] betseyp |
glossary_b [2020/08/13 22:59] betseyp [Back Testing] |
||
|---|---|---|---|
| Line 6: | Line 6: | ||
| 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. | ||
| - | === Balance of Power (BOP) | + | ==== 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)]]. | 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)]]. | ||