Forward Testing (Paper Trading)
Forward Testing - Testing a strategy in real-time market conditions without risking actual capital. Forward testing (often done on a demo account) comes after backtesting, and it allows traders to see how the forex robot performs with live data feed. Also called paper trading, it involves applying the strategy to current markets to confirm that the backtested performance holds up. Importantly, no real money is at stake in forward testing—it’s a simulation using live prices. Consistent performance in forward testing provides additional confidence before deploying a robot with real funds.