Hunt down traders and sell EA with backtest (Don't get trapped)

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Recep Apaydın
  • updated
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Many programmers do this. Tries to deceive you with an unreal backtest. A backtest that can be done even for CP. Same results with both MT4 and MT5. Dear Andrey and CP are perfect. Do not go on other adventures. If you are fooled by such things, you will be disappointed.

Image 917

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Don't get excited.

MT version:
Both MT5 and MT4 set-files available
EA version:
2.27
Symbol:
EURUSD
TimeFrame:
M5
Replies 19
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Andrey Khatimlianskyi
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Bordo, your set can make profit with simulated ticks only.

On real ticks data (doesn't matter in tester or live) it can't work.

Thanks for your warning!

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makotrade
Quote from Andrey Khatimlianskyi

Bordo, your set can make profit with simulated ticks only.

On real ticks data (doesn't matter in tester or live) it can't work.

Thanks for your warning!

Hello Andrey

can you explain to us why that is or why it is so? Thank you :-)

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1
Recep Apaydın
Quote from makotrade

Hello Andrey

can you explain to us why that is or why it is so? Thank you :-)

Excuse me, Andrey. I answer with your permission. 

It does not slipping in Backtest and Demo accounts. slipping only works in real account. So the EA is not purchased just because the backtest is successful. It can ruin your account. You should see the real account history.

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Andrey Khatimlianskyi
Quote from makotrade

Hello Andrey

can you explain to us why that is or why it is so? Thank you :-)

When ticks are modelled, EA can find some patterns in modelling rules and make profits in tester.

But these patterns can't be used in real life.

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Sai Pratap
Quote from Andrey Khatimlianskyi

When ticks are modelled, EA can find some patterns in modelling rules and make profits in tester.

But these patterns can't be used in real life.

So if we are buying an EA based on backtest, we are getting fooled up. How can we avoid such situations sir?

Is there a method to identify whether backtest is possible in real life?

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Andrey Khatimlianskyi
Quote from Sai Pratap

So if we are buying an EA based on backtest, we are getting fooled up. How can we avoid such situations sir?

Is there a method to identify whether backtest is possible in real life?

Do all tests with real ticks and try to set execution delay.

It will be enough

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acealert
Quote from Andrey Khatimlianskyi

Do all tests with real ticks and try to set execution delay.

It will be enough

So, the only way to do this is on MT5

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Andrey Khatimlianskyi
Quote from acealert

So, the only way to do this is on MT5

You can use Tick Data Suite for MT4 tests with real ticks. But why to pay if it is free with MT5?

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acealert
Quote from Andrey Khatimlianskyi

You can use Tick Data Suite for MT4 tests with real ticks. But why to pay if it is free with MT5?

Yep, because mostly MT4 EA don't developed to MT5


So this CP EA is huge benefit for us