How to properly backtest our EA

How to properly backtest our EA

12 December 2020, 19:47
Rose Wood
0
159
"How to backtest the best way" and achieve realistic results.
At the end I will attach a youtube video guide show you how to backtest in practice.

1. Download our EA first, and then start collecting relevant data

Once you have registered MQL5 and downloaded your MT4, download the EA you would like to test in your Metatrader 4.
 access your MT4 and press the "Market" button. (As shown in the picture)

 Type the name “Advanced Multi Currency EA” of the robot. (As shown in the picture)


 Then, once you have clicked on the Expert Advisor you want to download, click on the "Download Demo" button in the top right hand corner. (As shown in the picture)
 

press the "Test" button. (As shown in the picture)


2. Start the backtest to collect relevant data

Then select the currency and time you want to test back and press the "Start" button
 

The default setting of this EA is Collect Data Mode, which will collect data and will not run normally


 
After completing the backtest report, you can change back to normal operation and open "Expert properties"
 
 Change the TestMode from Collect Data Mode-Normally Running Mode
 Change Allow Sell Order from false-true
 Change Allow buy Order from false-true
 Press the "Start" button, and you will achieve realistic results.
 

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Now you can test them all!

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For more info, details or support, do not hesitate to contact me or send an email to  support@hkalgotradinginstitute.com