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3 comments
River asked:
I am aware of MQL4. One can create an expert advisor to automate your investing, but what I want is to test my strategies with historical data. For example, what would have happen during the last 5 months if I would have sold here and bought here using such and such indicators in every single time a certain criteria was met.
Is there a way to do this using MQL4? or is there any other way to do back-testing in Forex?
Thank you for your time and please don’t try to sell me anything.
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you try yourself to do visual trading. There is no way to find out but to do it going forward for the next five month using your expert advisor.
Anyway for your information forex market sentiment changes a few months to years. YOu may be able to make profit on this few months or years but may not be 100% correct to guarante profit.
you never try you never know.
good luck
Take a look at and see if this will help you.
Cheers,
Paul
There is no way to know that, every announcement changes the market, and therefore the strategies have to adjust. The thing with automated trading is that robots don’t have the capability of doing that so they are useless after a while…
You should update the version all the time in order to make it profitable…
I just use forex tools, I don’t believe in magical trading…