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all about back test on current MT4 (Jan 2016)

  • Post #1
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  • First Post: Jan 12, 2016 3:02am Jan 12, 2016 3:02am
  •  ochiroo20
  • | Joined Oct 2011 | Status: Archer | 53 Posts
Hello dear traders.

I learnt great experiences and got good tools from FF. Now i'm trying to get back some useful things to all FF members. Sharing is caring...
The informations about back test and simulator are out of date now on FF forum. i read them and installed 9 .ex4 files and softwares but i could not get any benefits.


Any way we choose it requires historical data of market.
1. Download history data on MT4 platform:
go to Tools -> History Center -> choose symbols you want, then download button (i recommend M5 data for higher TF testing, H4 e.g)
search on google or youtube about it. here is 1.

2. Download data by Tickdownloader software. here is link. this is more accurate i think but takes some more times and steps.

-----

on MT4, Back test has 3 ways in my experience:
1. EA back test (automated trading program)
2. Manual test by ur hand on history data (just use marker or MS excel and see history charts. it takes some times and not like trading...)
3. Manual trading on history charts or simulating charts.

------


1. EA program:
This is big and complex thing and requires long long time on computer screen. i dont recommend it for all traders.
here is some links
you tube lessons:
http://www.onestepremoved.com/
free EA generator
and of course mql4.com, mql5.com
2. You know that 1.

3. The efficient way.
i tried this method last few days. i installed 9 .ex4 files into my mt4 and tested 2 softwares like forextester 2.
the only one i recommend is FX blue trading silulator v2. this is absolutely cool and free to use. just require login for free service.
here is look of this on youtube, but in spanish i think. if you need for more help or video in english abt it i'll do some video. btw i'm not a contributor of FX blue.

comments and other useful tools are welcome, sharing is caring


-------
sorry about my bad english...
If You try Destiny'll try...
  • Post #2
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  • Last Post: Nov 13, 2016 8:08am Nov 13, 2016 8:08am
  •  Kithsiri
  • | Joined Jan 2016 | Status: Junior Member | 1 Post
Thank yo very much.
 
 
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