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Backtesting EA's.
Dec 09, 2019 at 17:30
1,308 Views
8 Replies
Member Since Dec 06, 2019
10 posts
Dec 09, 2019 at 17:30
I am just learning how to backtest EA's in MT4, but I don't have a large data set. Also, I have read that MT4 is not the best way to backtest.
Two questions. Where can I get reliable data to use for backtests. And is there a better program to use for backtesting than MT4?
Thanks!
Two questions. Where can I get reliable data to use for backtests. And is there a better program to use for backtesting than MT4?
Thanks!
Member Since Feb 22, 2011
4573 posts
Dec 11, 2019 at 11:33
sparkertrades posted:
I am just learning how to backtest EA's in MT4, but I don't have a large data set. Also, I have read that MT4 is not the best way to backtest.
Two questions. Where can I get reliable data to use for backtests. And is there a better program to use for backtesting than MT4?
Thanks!
MT4 at backtesting, the results tell yuo nothing about real EA performance
I reccomend to use mt5, it is free and BT results are very close to real trading
It is slow though and mt5 programming language differs a lot from mt4
Member Since Mar 18, 2019
97 posts
Dec 12, 2019 at 16:22
is it true mt5 is better for using EAs compared to MT4? if so can someone kindly explain why this is?
Member Since Feb 22, 2011
4573 posts
Dec 12, 2019 at 19:09
AdamCantor posted:
is it true mt5 is better for using EAs compared to MT4? if so can someone kindly explain why this is?
MT5 works with ticks while mt4 does work only with OHLC
Member Since Jul 23, 2020
696 posts
Dec 29, 2021 at 09:56
To run the EA on a live trade, a backtesting strategy over the same period will give some different results.
Member Since Jul 23, 2020
816 posts
Dec 31, 2021 at 01:42
If you put your money at risk, the time you spend checking, rechecking, and rechecking is essential.
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