Hello all! Can anyone tell me how to go about backtesting a system that I use? I read about people doing it all over the forums but have no idea how its done. Can anyone assist?
Backtesting a system
Hello all! Can anyone tell me how to go about backtesting a system that I use? I read about people doing it all over the forums but have no idea how its done. Can anyone assist?
Hi Jynxx,Originally Posted by Jynxx
You have to use LFH trading simulator (some scripts that you put in the scripts folder). Then when you will use the strategy tester, you will choose LFH trading for the expert advisor, you will click on start, you will see the chart and will apply your template, and finally the required script (just drag the script in the script area to the chart) to open and close orders.
http://www.tradingsystemforex.com/sc...simulator.html
Trading forex risk disclaimer. Exclusive EAs in the Elite section.
Would you be so kind to explain step by step what to do to use this simulator?
I tried but without results, so something I did wrong way
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can earn hundreds of dollars completely automatically!
One way for you to back test your system is do it manually by looking back at the charts and testing your system. Yes, this can be time consuming but hey, you need to test your system before putting it to use right? Also, before you keep on trading your system on your live account, I HIGHLY suggest you test it out on a demo account first. This way, you'll be able to see how effective it is in today's environment.
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