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Backtesting EA's.
Dec 09, 2019 at 17:30
Przeglądane 1,308
8 Replies
Uczestnik z Dec 06, 2019
10 postów
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!
Uczestnik z Feb 22, 2011
4573 postów
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
Uczestnik z Mar 18, 2019
97 postów
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?
Uczestnik z Feb 22, 2011
4573 postów
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
Uczestnik z Jul 23, 2020
696 postów
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.
Uczestnik z Jul 23, 2020
816 postów
Dec 31, 2021 at 01:42
If you put your money at risk, the time you spend checking, rechecking, and rechecking is essential.
Uczestnik z Jul 19, 2020
742 postów
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.
Uczestnik z Mar 28, 2021
586 postów
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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