Thread: traders joking
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Old 09-11-2007, 12:51 PM
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Quote:
Originally Posted by el cid View Post
Hi

Set up your tester without updating with the broker.All you backtesting will be without allowing for any spread and insert data without updating with brokers spread.Run autolot and u have compunding without spread and fantastic results

Regards

El Cid
I don't know about spread. As I know spread is included in MT4 backtesting.
It is something on the open bar coding. Nothing wrong on open bar coding but backtesting on every tick modeling quality can not be proof of the good performance because of that.
Look at their statements: 15 or 20 orders were opened within H1 bar. It is not trading on close bar. And one order is open and close withn 1 minutes with +20 pips; the order order was open and close within ione minutes in the about +20 pips and 20 times like that during the H1 bar. It was coding on open bar.

What is coding on open bar?
Just attach 2 MA indicators to M1 timeframe (period 3 and 5) and we may see 5 or 10 crossing withing 1 bar sometimes (if GBPJPY for example). If EA is open the order on every crossing by ticks so it should be different coding.

Nothing wrong with coding on open bar but the seller must mention it and customers should know. But some sellers are coding on open bar especially to get better results on backtesting.

Look at the Firebird 0.65 forward testing results (open bar) for two files (good one and bad one inpips) and you will understand all.
Attached Files
File Type: zip Firebird_forward_testing_good_one.zip (53.4 KB, 20 views)
File Type: zip firebird_forward_testing_bad_ones.zip (12.7 KB, 10 views)
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