View Single Post
  #102 (permalink)  
Old 07-18-2006, 06:04 PM
newdigital newdigital is online now
Administrator
 
Join Date: Sep 2005
Posts: 20,079
Blog Entries: 241
newdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud ofnewdigital has much to be proud of
Quote:
Originally Posted by iscuba11
It is apparent that for serious traders, the backtester is a complete failure on the part of Metatrader. Without backtesting over specific market conditions, one never quite knows how an EA will react in the future - That is why we need a backtester. 90% (If you can ever achieve it using this strategy tester) is worthless. It is a crying shame that this system was developed in Russia. Evidently, they do not care enough about their reputation to fix the system - That says volumes about their integrity. It makes me wonder what kind of people are behind the Metatrade organization??

A system that can provide 98 - 100% accuracy as compared to actual trading during the same period of time would eliminate thousands of hours of time consuming forward testing. I just wish we could apply pressure and demand that they fix the program or we would quit trading using the Metatrade platform - That seems to be the only way I can think of to get them off their behind side and produce a quality backtester product.

Dave
<><<
iscuba11,

I have 90% for 4 majors back to 2001.
I don't know it is accuracy or not but I use it.

I think it is enough pressure because no one happy from this strategy tester.
Anyway they delivered MetaTrader to the brokers first and we are downloading from the brokers with or without historical data (usually without it).
Reply With Quote