Is backtest with mt4 tester accurate?

[Brainless]

Which is the besy way to backtest for expert advisor?

 

[rues]

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

 

[franzschubert]

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

If it would be accurate, I would be millionaire. I programmed some EA, that adopted by accident to the inner mechanism of the artificial Tick-Creation of the MT4 stategytester in the 1-minute-timeframe. What I got as result was an almost straight line of growing money in the demo account. Very impressive with huge numbers in the end, but unfortunately it was pure illusion. As I bought real tick-data to make better backtests in mt4, all illusion went down and the demo account was not growing, but declining...