I would advise you to try this strategy on a real time basis. I am not a fan of paper trading and to avoid huge losses if this goes wrong, I would advise you to buy/sell "1" stock based on the trading signals of this strategy.
The reason I say to trade on small quantities is because,
i) You will understand when It works better and when It doesn't
ii) You will understand your emotions better with this strategy if you intend to stick with it for long term
Do not run computer simulations to test the strategy. Instead adopt the "Bar Replay" option in some softwares which simulate the actual movement of prices. That way you will test the STRATEGY as well as how YOU react to it under different circumstances.
Good Luck!
The reason I say to trade on small quantities is because,
i) You will understand when It works better and when It doesn't
ii) You will understand your emotions better with this strategy if you intend to stick with it for long term
Do not run computer simulations to test the strategy. Instead adopt the "Bar Replay" option in some softwares which simulate the actual movement of prices. That way you will test the STRATEGY as well as how YOU react to it under different circumstances.
Good Luck!
