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all upper frames are calculated from M1.
Also, the tester does not give accurate results and there is no way to accurate results using the tester, maybe if you go to extremes trying to replicate every tick.
But live market tests might be your point of interest if you are looking for some real test results.
Hi Marco,
Thank you for replying to my thread.
I know the strategy tester is not THAT accurate, but it does give some indication as to where and when it would enter for trades/estimation on profit.
But what you are saying is that the strategy tester cannot
access other timeframes? Or it can but it will not do it properly the
way it would if it was on a live or demo?
Thanks,
Forexmm
No i am not saying that, what im saying is that,
M5 is 5 M1 candles
M15 is 15 M1 candles
M30 is 30 M1 candles
H1 is 60 M1 candles
H4 is 240 M1 candles.
Not THAT accurate? it is only to see if the logic works correctly to make sure it does not start to mass order draining the account is seconds,
or to make sure it does not close one sec after opening an order,
to see if the ordermodify and close functions work properly,
other than that, it is useless especially when using that word profit.
So then really, besides the points that you made what is the point of the strategy tester if it does not show accurate profit results from past data?
I guess the answer is none...
But live market tests might be your point of interest if you are looking for some real test results.
Yes, but unfortunately that takes quite a while. I do have something quite interesting that I found earlier today that might interest you.
http://www.forexfactory.com/showthread.php?t=60849
Please look at the 11th page of the thread and download the pdf file that is called "Strategy Testing with Multiple Time Frames.pdf"
Let me know what you think.
Please look at the 11th page of the thread and download the pdf file that is called "Strategy Testing with Multiple Time Frames.pdf"
FYI, in any FF thread you can just click on the paperclip at the top of any thread page to see and download all attachments in the thread ;-)
Let me know what you think.
I better not answer that.
Just go for it.
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