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Backtesting EA's.

sparkertrades
Dec 09 2019 at 17:30
12帖子
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!
Vivianng
Dec 11 2019 at 06:16
10帖子
Go to your MT4 >History Center and from there you can download previous datas from your brokerage. Give that a try?
vontogr (togr)
Dec 11 2019 at 11:33
4862帖子
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
Adam Cantor (AdamCantor)
Dec 12 2019 at 16:22
98帖子
is it true mt5 is better for using EAs compared to MT4? if so can someone kindly explain why this is?
vontogr (togr)
Dec 12 2019 at 19:09
4862帖子
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
SofieAndreasen
Dec 29 2021 at 09:56
759帖子
To run the EA on a live trade, a backtesting strategy over the same period will give some different results.
LyudmilLukanov
Dec 31 2021 at 01:42
796帖子
If you put your money at risk, the time you spend checking, rechecking, and rechecking is essential.
AliaDare
Jan 01 at 16:21
788帖子
You have to spend time trading. Knowledge must be gained. Need to work with backtest formula. It allows you to trade risk free.
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