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Solutions for Backtesting an EA?

  • #1
  • First Post: Dec 5, 2014 9:36am Dec 5, 2014 9:36am
Hi Guys,

I was wondering if you know any good solutions for back testing an EA. I have done it on MT4 but wanted to know if there are sites or systems that do it reliably.

Thanks,
K
  • #2
  • Dec 5, 2014 3:49pm Dec 5, 2014 3:49pm
Quoting kashTrader
Hi Guys, I was wondering if you know any good solutions for back testing an EA. I have done it on MT4 but wanted to know if there are sites or systems that do it reliably. Thanks, K
What is the purpose of your backtesting ?

Backtesting should be used only to confirm that a strategy is coded according to the rules. If you are looking to test its profitability, the only reliable results are forward on LIVE feed.
MT4/MT5 EAs/Indicators/Alerts coder
  • #3
  • Dec 5, 2014 5:15pm Dec 5, 2014 5:15pm
Quoting FerruFx
{quote} What is the purpose of your backtesting ? Backtesting should be used only to confirm that a strategy is coded according to the rules. If you are looking to test its profitability, the only reliable results are forward on LIVE feed.
Yes I realise that. But this bac testing will help me optimise the EA for forward testing. Please suggest if you know of any good free platforms.
  • #4
  • Last Post: Dec 5, 2014 6:00pm Dec 5, 2014 6:00pm
Quoting kashTrader
{quote} Yes I realise that. But this bac testing will help me optimise the EA for forward testing. Please suggest if you know of any good free platforms.
In my opinion, optimizing an EA is the worse thing you can do in backtesting.
MT4/MT5 EAs/Indicators/Alerts coder
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