How to Backtest Technical Indicators in Python - AVWAP vs. ASMA

Do you want to learn how to backtest technical indicators in Python? Do you want to find out which indicators are more effective for your trading strategy? If yes, then this video is for you. 👍 Subscribe for more: https://bit.ly/3lLybeP 🔗 Follow along: https://analyzingalpha.com/avwap In this video, I will show you how to use Pandas, a popular Python library for data manipulation and analysis, to run a backtest of any indicator in your Python environment. You will learn how to import data, apply indicators, and evaluate the results of the backtest. I will also compare two pairs of indicators: AVWAP vs. ASMA and VWAP vs. SMA. AVWAP stands for Anchored Volume Weighted Average Price, and ASMA stands for Adaptive Smoothed Moving Average. VWAP stands for Volume Weighted Average Price, and SMA stands for Simple Moving Average. I will demonstrate that AVWAP is not anything special and that it is similar to ASMA in terms of performance. I will also show that VWAP and SMA have different characteristics and that they can be used for different purposes. By the end of this video, you will have a better understanding of how to backtest technical indicators in Python, and how to choose the best indicators for your trading style. If you find this video helpful, please like, share, and subscribe to my channel. Also, don’t forget to hit the bell icon to get notified of my new videos. Thank you for watching, and happy trading! ⏱️ Video Chapters 0:00 Intro 1:24 Get Imports 3:13 Scrape S&P 500 Data