DislikedSo if backtests have "no meaning" then you wouldn't mind trading a system that generated a 8,500 pip loss during the last 15 years of backtest now would you?Ignored
Backtest can be used to see if strategy is any good but it doesnt proove anything. Only real time trading does.
Why do you think there are so many EAs out there having nice backtested 10 year equity curve...yet single one of them fail to work for more than few weeks let alone few months?
Its becouse they are based on TA indicators.