@FxMasterGuru I may be asking the wrong question, But this test you made in a Demo account right?! Is there any difference from a real account for Strategy Tester? Is the TickStory the best data? I never heard about.. .thanks for sharing this with us
ironpips posted: @FxMasterGuru I may be asking the wrong question, But this test you made in a Demo account right?! Is there any difference from a real account for Strategy Tester? Is the TickStory the best data? I never heard about.. .thanks for sharing this with us
Well, TickStory is the only reliable, relatively low cost and easy to use backtester software I know. It uses Dukascopy's free price data.
Whether you do a TickStory backtest on a real or a demo account it does not matter as TickStory uses Duscascopy's M1 historical data and makes ''intelligent guesses'' about likely intra-candle price movement. So for tick-scalper EAs it is less accurate, but for strategies with an average win and loss > 10 pips, it is reasonably accurate, but still LESS than a DEMO forward test.
Of course, by recording on MT4 each and every tick the market produces and running an EA backtest on these self-recorded data would be more accurate than Dusascopy's M1 data, but running a backtest on EACH AND EVERY TICK the market had produces would extend the running time of a backtest by 100x or 1000x which would unrealistic. Running the Inertia Trader backtest on 2016's M1 data took 14+ hours. With real recorded tick data it would have taken 14 months at least, but even to be able to do that I should have recorded each and every tick on my MT4 the EURUSD market had produced since January of 2016... Which I have not done anyway.
AND FINALLY: I do not take neither DEMO nor BACKTEST results seriously. They are only good to provide an APPROXIMATE IDEA if an EA might be good or if it was outright bad. Since I do not trust DEMO results more than backtest results, I went ahead and started a REAL LIVE ACCOUNT FORWARD TEST, i.e. the VERY BEST TEST one can do on an EA.
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