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Do not rely on the backtester.
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Old 08-19-2005, 10:22 PM
Dave77 Dave77 is offline
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Dave77 is a jewel in the roughDave77 is a jewel in the roughDave77 is a jewel in the roughDave77 is a jewel in the rough
Smile Do not rely on the backtester.

Extremely, Gigantic, and Gross errors in profitability exist with the backtester. Only use the backtester for buy and sell visual points on the graph! The MQLII backtester multiplies profitable trades, sometimes by a factor of 20. My expert advisor for January reported in the backtester to have a profit well over $7,000. When in fact, after the multiplied profit trades were deleted, my profit was only $160.00!!

Don't get fooled like most of us have been. Don't rely on the MQII backtester to support your theories behind your custom expert advisor - You will be sadly, very sadly deceived as I have been. MetaTrader or MetaQuotes lacks integrity to fix their bad programming. Honesty and integrity is what we depend on. Unfortunately, Meta whatever does not have much as an organization. They probably need the help of our Savior. This is an honest report.

Dave 77
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