I`m trading gaps in FTSE. I can reveal all of the details of the strategy sorry about that I have my reasons. But how do I know when paper trading if the charts have hit the stop loss before the take profit level.
Without a real-time data feed with ticks? You just imagine it in your head after smoking unicorn dust and snorting rainbows. Seriously...Why are you wasting everyone's time here with your pre-electricity trading idea?
Send a sample entry, exit and stop loss from your strategy the past days and maybe somebody here can show you how to paper trade based on that.
That's like telling someone with a solid-rocket fuel engine that they can achieve a spore jump before they even know how to reach warp speed.
It's not a bad idea really. Once you calculate indicators and plot them by hand, you start to realize that price moves the indicators not the other way around. When moving averages cross or stochastics moves it's because the price moves. Not the other way around. Pre computer, back in the dinosaur age that's what we did. Backtesting was going through a bunch of old news papers.
How bout'cha take a look at the chart? What's the specific problem with that approach? Can you post images of some charts where this wild idea would not work?