Hello All,
I have read that it can be beneficial to have 2 copies of MT4 installed on your PC. One copy is connected to your Broker and used for live trading whilst the other one can be disconnected (ie stand-alone version) and used solely for developing / backtesting of strategies. Apparently one of the benefits of doing this is that with the disconnected copy the spreads during backtesting will remain constant as they are not constantly being updated from the broker. This makes comparing backtest reports more valid.
Does anyone else following this advice and if so, how do you install 2 copies of the same program on the same PC successfully, without the 2nd copy overriding the first copy for example?
In addition if anyone can offer any other advice when it comes to backtesting strategies I would be really grateful.
Thanks in advance,
Chorlton
I have read that it can be beneficial to have 2 copies of MT4 installed on your PC. One copy is connected to your Broker and used for live trading whilst the other one can be disconnected (ie stand-alone version) and used solely for developing / backtesting of strategies. Apparently one of the benefits of doing this is that with the disconnected copy the spreads during backtesting will remain constant as they are not constantly being updated from the broker. This makes comparing backtest reports more valid.
Does anyone else following this advice and if so, how do you install 2 copies of the same program on the same PC successfully, without the 2nd copy overriding the first copy for example?
In addition if anyone can offer any other advice when it comes to backtesting strategies I would be really grateful.
Thanks in advance,
Chorlton