You are correct. You just have to look at the EURGBP chart in 2000 and you'll see that it looks "wrong". I thought I was going to be a millionaire when I was backtesting my scalper. It turned $5000 into a million in 2 years.
Quote:
Originally Posted by omelette
I know people are sick of me saying it, but Metaquotes data is completely worthless! I have at least 3-4 EA's that show similar or better backtest results - right up until Oct./Nov. 2006 that is. After this time period, it all downhill... FWIW, I'm convinced that the only 'real' data Meatquotes has provided is from Nov. '06, everything else is computer interpolated rubbish! In fact, just check out GBPCHF - huge portions of this has 50-100 pips difference between Close/Open of adjacent bars! Hugely profitable on backtests, but completely unrealistic...
|