Is there an easy way (with free software) to achieve 99% backtests. I have read about it in lots of forums but cannot seem to find a simple way (without converting & exporting etc)
Or can somebody please explain in layman's terms how I can do this?
I have tickstory lite, downloaded the currency pair I want to test on, exported to MT4, but now in the journal tab I am getting errors about it only being 'read only' and 'demo and live server differs' and so on.
RSTrading posted: Ok, I was up until early morning hours figuring out how to do this. Now I offer this to others who might need it at 80c a month tested, plus I will send you a performance report of your EA. Pm me..
Nobody is going to pay that and give an EA code for something that takes less than 1 hour to setup...
Here is how to achive such quality for those who want to run the tests in their computer:
I hear what you say.. I really battled for hours, did everything as the instructions said (google is full of explanations and youtube videos) First my backtests said modelling quality n/a then it said 99% but it was red. I am just offering this to people who are battle like I did. Software would have to be purchased if there was a demand for it.
The idea is not to make $ with this and do it full time. It is only to provide a service to others struggling to get it right.
You will be happy to know that there have been no takers, and I will do it for free until my licences are up, then stop completely.
I wanted to do some accurate backtesting and googled how.
The above youtube video doesn't work anymore - only paid versions of the program for mt4 terminals build 765 and up. We are already at build 950. With a lot of effort you can downgrade to a previous build and it will still be too high.. I have searched high and low for a terminal of previous build. I found a few that were in the 200-300 range. Once again the launcher couldn't start the mt4 terminal, too old.
Eventually after hours of searching and tweaking, I found a way to do 99% modelling quality backtests easily and unlimited if anyone is interested. You will be amazed at the difference between 90% and 99.9%. I believe that past behavior is not a predictor of future behavior, but it gives us an accurate picture
My accounts will ALWAYS show high DD. This is done purposely to maximize our withdrawals every week.
Well, I calculate it manually! In addition, I don’t have any specific target that I want to make in my every single trade position, I set my Stop Loss and Take Profit positions in order to neatest support and resistant levels! In addition, I count profit ratio here so seriously and I use only 1.5 and above profit ratio’s trade positions!
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs.
Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque.
Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions.
Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation.
Les performances passées ne sont pas indicatives des résultats futurs.