Clear explanation of backtesting FX automated trading
This time, regarding FX automated trading software
to help gauge its performance
About backtesting
I have summarized an article.
https://salaryman-investment-auto-trading.com/mt4-ea/backtest/backtest/
Regarding backtesting
some people do it, some people don’t
that’s how it tends to be.
If you backtest
you can learn the performance over the past 5 or 10 years
and use it as a reference when operating
it can be helpful.
You can try changing the lot size
and experimenting with compounding
there are many possibilities to testbecause of this.
However, to backtest
you need historical data
which is past price data to import
and thatmakes MT4 heavy
and if you backtest,
a single test can take a long time
that is the downsideas well.
Backtesting plays an important role as a reference,
but if there is a forward performance of the EA,
and the developer is trustworthy,
you may choose to operate without backtesting
as one option.
For those not considering backtesting
it may be enough to refer to it
and casually read the article
and be glad.
https://salaryman-investment-auto-trading.com/mt4-ea/backtest/backtest/