I see how do let an EA trade for you but I don't understand how to get historical data and run back tests. Also how do you handle a system that uses multiple period charts for decisions to get in and out? How do you handle that? Any help would be appreciated.

I'm a newb at this but I have some programming experience.

Patronus

to import the data into mt4 so you can bactest with the strategy tester, follow theese intructions

excuse me ,how can i get more history data of 15 minute in MT4

to use mt4 to backtest, there is a window called the strategy tester, and you can plug in which ea you want to backtest, and set which currency pair and timeframe you want to backtest it over, and how long.

however, there are many downsides to the strategy tester, they are still all over this forem, here's a fe things i've mentioned earlier about only a few of these problems.

now to finish your last question, the tester will run which pairs you trade in by which one you select in the tester window, and will run as you will set it, but why you would want to base descision on one currency pair from the results of another is beyond me, as if there is ANY relation, there is very little.

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"One's ability to accomplish his or her goals is limited only by the ingenuity of how one uses what he or she already knows."- Eaglehawk
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Have a simple ea you just can't figure out how to code??? Odds are you can make it here. Just remember to push complete when you're done, NOT SAVE!!!
http://sufx.core.t3-ism.net/ExpertAdvisorBuilder

How do we test an EA...
How do we attach it to the charts and how do we check the results?

Plz help

Kevin

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To be the best, you have to beat the rest!!!

It is better to be approximately right than precisely wrong

If you are using the MetaTrader (refer to my signature) platform there is a Strategy tester function (CTRL+R). There you simply choose the EA you want to test. Choose data type (always use Tick data). Choose the currency pair. Then check other setting you might need (I could explain/ describe them, but Im not sure you need all that + there is always a manual that goes with the platform). And basically that's it. You press start and wait. Also, check the www.mql4.com site. As far as I remember there was an article on testing EAs there.

You do not need to attach EA to anything when testing. For the results check the bookmars you ll see in Strategy tester.

But again, all the above applies only if you use MetaTrader as your platform (which is THE best platform available now).



Hope that helps. Cheers,
Diam0nd.

__________________
- MetaTrader v4.00 Build 216 (16 Apr 2008)
- MetaTrader MultiTerminal v4.00 Build 213 (20 Mar 2008)
- Always use the latest (^ABOVE^) MetaQuotes products, saves a lot of nerves. What's new.
"METAQUOTES FOR LIFE!"

Hi Diamond,
Thnx for the info. This is exactly wht i was looking for. Btw I'm using mt4. Can u plz tell me how to use it in live trading then or/and forward test it in a demo.

thnx
Kevin

__________________
To be the best, you have to beat the rest!!!

It is better to be approximately right than precisely wrong

Check this Codersguru article. We all used it from the beginning to setup backtesting.

Now, first of all, I'd suggest to make sure you have the latest MetaTrader installed (= that you are using the latest MT), which is at the moment is Build 198, dated 19 October (date MAKES a difference!). Secondly, to use an EA in live trading/demo (works the same way, since demo is basically live trading, but not with real money). You open a chart, take an EA and DRAG it onto the chart. Then you'll see a window with EA's properties/options. Change them if you like, if not press OK. That's it basically. Now, to make sure the EA is fine/ works, use this: if everything is OK, you ll see a smiley face at the top right corner of a chart. If its not a smiley but a cross, check the button on the upper panel (its has a 'stop' icon when its disabled and 'play' when its enabled), you need to have that icon as PLAY (= EAs enabled).

Well, that's basically it. Again and again, always check the help that goes with the program. Helps a lot.


Hope that helps,
Diam0nd.

That's not really an article on how to backtest, but on how to backtest with 90+ quality Still, everyone should definately follow it. You too, kevmcfoster

__________________
- MetaTrader v4.00 Build 216 (16 Apr 2008)
- MetaTrader MultiTerminal v4.00 Build 213 (20 Mar 2008)
- Always use the latest (^ABOVE^) MetaQuotes products, saves a lot of nerves. What's new.
"METAQUOTES FOR LIFE!"

Maybe you want to take a look at this ...

http://www.cubesteak.net/

I'm trying to setup this system now...

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ForexForums - Forex Forum and MT4 Tools Repository

Just until recently I got intressted in stock market and started reading heeps of book about technical analysis. By chance I stumbled to this website I started reading about ATS. Which is very intressting, been reading non stop for the last few days and did alot back testing and some forward testing. Since I equally new to both stocks and forex I decided to learn more about forex instead. I have some newbie questions thou that I hope members here can help me with.

1. How I do make a realistic back test? Difference between every tick and control point? Anyhow I never got modelling quality higher than 53%. And people here recommend over 80-90%.

2. Why do I lose alot using every tick but earn alot using control point? (Back testing with EuroX2)

3. Do you have recommendations of quality EA with high probility of profit? (EA that is worth speding time to optimazing and back and forward testing)

Sincerly Kai

I'm pretty much a newbie on forex so I can't answer your questions.

http://www.forex-tsd.com/expert-advi...ew-thread.html

The phoenix EA is doing pretty good.