Quote:
Originally Posted by Tribulus
Also I see alot of backtesting everywhere, does that mean its essentially worthless?
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Yes it is worthless to use on real accounts based solely on backtests.
If you are a developer or learner ,it gives a good idea of the strategy/system tested.There is some good information on the strategy tester report and it is important to correctly use the information.Example
A system may show a win rate of 80% , but any system will show high win rates if stops are 100 pips away and take profits are small like 10 pips
http://www.pyramidrobotforex.com/how...ing-ea-mt4.pdf
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