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Is backtest with mt4 tester accurate?
If it basing on repaintable indicators - absolutely not.
but if bases on "bar closed positioning" systems - 90%
also depends of broker chart history
You will not have any menthal problem if:
have understandable and tested algorithm by your eyes on chart at least a year.
have stop
using several pairs at the same time
Most simple stategy is (made myself):
m15 - when bar break through 6 previous bars - buy and trail stop for low every 6th bar. TP by hands on enormous large bar
it works also at m5