Thread: Moving Average Experts!
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Old 04-15-2006, 07:52 AM
newdigital newdigital is offline
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Quote:
Originally Posted by goldensight
For the contest I believe by testing it was meant that they are demo testing these EA's live NOT backtesting nor forward testing. The contest is in real time. Correct me if I am wrong please newdigital.
All the EAs are working live on demo account. I just attached EAs to the charts and checking for the results periodically.
It is not backtesting.

Personally I do not believe in backtesting.

Of course some people can do backtesting in very professional way. But it is very difficult: all the data from the brokers are different, backtesting is using the other different data which we never meet in real trading, a lot of gaps and so on. So the most easy way for me is forward testing: I mean attach EA to the chart and test live in real time.
Last edited by newdigital; 04-15-2006 at 08:01 AM.
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