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Good backtesting software

  • #1
  • First Post: Sep 17, 2016 1:03pm Sep 17, 2016 1:03pm
Hello fellow traders,

i have a problem with backtesting my EA in MT4 strategy tester.

A few months ago me and my friend made our own EA. Then we wanted to backtest it for 10 years back before we went live with it on our account.
First we found out that the history data in MT4 is a disaster, it's worse than nothing because it's totally missleading. So we acquired high quality tick by tick history data and imported it in MT4. So we can now get some reliable backtesting results. But the problem is that MT4 strategy tester is slow, optimizer is almost useless, you can't test multiple pairs same time, ....

So my question is, does anybody know about some good software (with high quality history data) for backtesting. Software that offers simple import of my EA and testing it, maybe for multiple pairs, good statistical data, ....

Sorry for my english, i hope you understand my question

Thanks guys!
  • #2
  • Sep 17, 2016 2:54pm Sep 17, 2016 2:54pm
I met the same issue as you before. The only way is to give up MT4, developing my own backtesting software, supporting multiple pairs, with excellent execution time.
Inner Trader
  • #3
  • Sep 17, 2016 3:13pm Sep 17, 2016 3:13pm
http://truefx.com/?page=how
  • #4
  • Sep 19, 2016 12:31pm Sep 19, 2016 12:31pm
Any chance you would move to MT5? I find the strategy tester to be much much better
So many in the Commercial section want to make me rich! :o
  • #5
  • Sep 19, 2016 3:36pm Sep 19, 2016 3:36pm
Quoting James.Zhang
I met the same issue as you before. The only way is to give up MT4, developing my own backtesting software, supporting multiple pairs, with excellent execution time.
Hi, if i understand correctly you have your own software. What history data do you use? Can your software automatically convert mql4 code to C++ or Delphi? That would be a dream come true
  • #6
  • Sep 19, 2016 3:56pm Sep 19, 2016 3:56pm
Quoting FX-Flux
Any chance you would move to MT5? I find the strategy tester to be much much better
Moving to mt5 is an option. I haven't tried it yet. It really looks much better than mt4 but I don't have any info about it's historical data quality. That is THE most important thing for any tester. Probablly I would have to import new and reliable tick history data. Will look into that. Thx
  • #7
  • Sep 19, 2016 8:07pm Sep 19, 2016 8:07pm
Quoting JackAce
{quote} Hi, if i understand correctly you have your own software. What history data do you use? Can your software automatically convert mql4 code to C++ or Delphi? That would be a dream come true
Oh... Sorry for that. Can not do the conversion between mql4 and C++.
Inner Trader
  • #8
  • Sep 20, 2016 5:30am Sep 20, 2016 5:30am
Quoting James.Zhang
{quote} Oh... Sorry for that. Can not do the conversion between mql4 and C++.
Nothing to be sorry about. Because that is a feature that no tester on the market has
Is your tester for sale or is it just for you. What history data you use?
  • #9
  • Sep 20, 2016 9:30am Sep 20, 2016 9:30am
Quoting JackAce
{quote} Nothing to be sorry about. Because that is a feature that no tester on the market has Is your tester for sale or is it just for you. What history data you use?
Yes, my tester is only for my own use. I use the data from FXCM's API, though there are some data being not correct, some duplicated, they are still good as a whole.
Inner Trader
  • #10
  • Sep 20, 2016 6:32pm Sep 20, 2016 6:32pm
Quoting FX-Flux
Any chance you would move to MT5? I find the strategy tester to be much much better

I investigated a little bit about mt5 tester. For me the most important thing is high quality history data. And it seems that MetaQuotes made some big steps in this part, because now you can use real tick based history. Also they are preparing custom data option. With all the other features this is all I need. Bye bye mt4.
  • #11
  • Last Post: Sep 21, 2016 2:07pm Sep 21, 2016 2:07pm
Quoting JackAce
{quote} Hi, if i understand correctly you have your own software. What history data do you use? Can your software automatically convert mql4 code to C++ or Delphi? That would be a dream come true
Why you need this conversion? mql is a simplified C++ version.
It has not sense to convert mql., because you lost ability to work inside MT platform.
It has sense to use C++ or Java.( not delphi) if you are creating the autonomous software working via FIX protocol.
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