Hi All, I'm developing and testing some EA's on the Pepperstone data...I'm running my backtests on the Historical data you can download from 2009 onwards, but when I run my EA to verify that the EA my software produces trades the same way on a Demo ...

Because slippage would come into play and erode your edge due to the reasons stated above. Although if you had a half decent "safe" automated system you could start a Signal Service and have the bot place the trade then send the signal only once the ...

Some brokers... — I believe Sonray Capital Markets had a similar write-up in their t's and c's, however they went under with all funds, they used traders funds for their own positions. (Australian, ASIC regulated, segregated funds, etc etc). ...

Freedom — I'm an independent sod and get nervous when others have control over whether my family and I are in feast or famine. Having a business where you're responsible for how well off you are puts the control back into your own hands and ...

Thanks for the data — Thanks Jack, much appreciated. And yes, the tick data I was referring to is the same that diogo is talking about. I'll check out Integral's TrueFx...oh, and I have an inherent distrust of brokers and the information they ...

Pepperstone Data Feeds — Hi all, I have a few data related questions: Are the live and demo data feeds the same (same source)? Is the live data the same for each of the different account types? Is there a difference between the two demo ...

My Solution — For anyone having the same issue that stumbles across this post, it appears to be a limitation in MT4 to do with allocating the amount of memory required to complete the backtest over that long a timeframe. The work-around I used ...

More Info — Looks like the maximum timeframe I can do and have it use all the data is only 2 years! I went back to basics and made an EA that just printed out the date each time start was called and the same problem occurred (i.e. test ended ...

Checked it — Sorry, not that easy...no errors in the Journal. Thanks for the reply though. I print out each day to the journal and it just finishes the test around mid 2009. Varies slightly if I change the start date and on different computers ...

The BAT — I never signed up, I don't do that...I will take strategies apart and tweak them until I get something useful out of them or bin them altogether though. As I recall when backtesting I got it to produce a reasonably stable, albeit ...

That one actually sort of worked for me...although I really only use the principle behind it to get a better entry nowadays though.

Nasty Flashbacks — I recognize way too many names mentioned so far. Most have not cost me any money though...maybe I should thank Steinitz for opening my eyes to the sharks for that. And if anyone is confused by that last statement, let me ...

painful lesson — Even great money management (and every other trick in the book) won't save your account if you do not have a method that is statistically proven to be profitable over a large sample of trades (i.e. an edge). ...and following ...

Unreachable code — Hanover is right, you have unreachable code in there. You will get a 130 error back if it is an ECN broker and you supply a SL and/or TP when you first place the trade using OrderSend(). Personally I just use an extern ...

Any more good advice? — I know this thread is a bit old...but this is great advice, any more where that came from? Going down this road myself and what you've said so far resonates.

Some clarification — I had a read of the sites that came up on google, lots of the same article by one guy...it seemed pretty interesting. There is something that doesn't quite sit right though...is including a pair that is closely correlated ...