Backtesting EA's.

Dec 09, 2019 at 17:30
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8 Replies
Členem od Dec 06, 2019   12 příspěvků
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!
Členem od Aug 22, 2018   10 příspěvků
Dec 11, 2019 at 06:16
Go to your MT4 >History Center and from there you can download previous datas from your brokerage. Give that a try?
Členem od Feb 22, 2011   4862 příspěvků
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
Členem od Mar 18, 2019   98 příspěvků
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?
Členem od Feb 22, 2011   4862 příspěvků
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
Členem od Jul 23, 2020   759 příspěvků
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.
Členem od Jul 23, 2020   869 příspěvků
Dec 31, 2021 at 01:42
If you put your money at risk, the time you spend checking, rechecking, and rechecking is essential.
Členem od Jul 19, 2020   788 příspěvků
Jan 01, 2022 at 16:21
You have to spend time trading. Knowledge must be gained. Need to work with backtest formula. It allows you to trade risk free.
Členem od Mar 28, 2021   617 příspěvků
Oct 05, 2022 at 10:58
Forex is a highly unpredictable market whose direction you can’t catch without relying on strategies. So, you better count on multiple strategies at a time to confirm a signal.
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