Hi, I wanted to ask how we deal with daylight savings in backtesting? as when I’m importing real tick data from DukasCopy for a custom MT5 symbol the hours are sometime different due to the clock change. but since the recent change in clocks there match the broker symbol. I watched your entire video about custom symbols but I don’t think was explained and ultimately this is THE most important thing
Very clear video thanks! Can you explain maybe a bit more about the forward testing with creating two datasets? So for example I want to do a backtest then I just press on no at the forward tab but when i when do I use the forward mode then, can’t I just run my settings for a couple of days on a demo account to reach the same result as using the forward function? Hope to hear from you soon 😊
Thanks, yes, this would have the same effect. It is even better than a forward test with historical data, because you cannot cheat yourself. You have never seen the data and tested on it. That is the purpose of a forward test. However, in my opinion a few days are not enough for testing. And who wants to do a forward test in real time for 2 years. I would have no patience for that ;D But maybe a few days is enough for your strategy, idk the characteristics of your strategy. The data outside the optimization is very valuable and it should be tested as rarely as possible in this forward period. Hope this was helpful 😀
Thanks, you can just right click in the inputs tab of the strategy tester and save a .set file. When running on a live chart you can just load the settings using that file.
Thanks for your comment. Currently there is a breakout signal, a time signal, a moving average signal, a stochastic signal, and a bollinger band signal. You can combine these entry signals with exit signals and other filters to create a strategy. An indicator that automatically detects and trades support and resistance zones may be added in future versions. You can always test the current version for free and try everything. 👍
Very clear video well done! Awesome strategy also by the looks of the backtest - stochastic I haven’t coded yet and will try next! Any tips? What was used In this USDCAD backtest?
I don't understand. My backtest is always very slow. A backtest for 1 week only will take about hours. I have changed to Open Price only and still the same time.
It happens if you have a poorly optimized EA, or a slow CPU. These are the most popular reasons. I suggest you to check the EA registry in order to find some errors.
Hi 👋 is there anyway to get hold of this kind of data, I presume you can purchase this but how do I know it is reliable? I want to perform 5 year long multi symbol backtest with the best Quality symbol data I trade 8 symbols maximum
Why with the "calculation pips" flag we get 10 times less pips than when the symbol has jpy? By doing this the balance becomes different between couples without jpy and couples who have jpy 😵 Backtest example with 10k initial deposit between EURUSD and GBPJPY If both get 1457 pips we have a balance of 11457 for EURUSD while 10145.7 for GBPJPY. It would appear that GBPJPY has a performance = 4.57% against EURUSD = 14.57% If the backtest is read alone the other parameters are ok because they all have the same pips (ex. profit factor, average profit, etc…) only the balance is wrong but if we do a multicurrencies backtest we have the problem again! Clear hope 😂😅
@@trustfultrading ok. so on the mt4 strategy tester, while it is running i could use tools like the trend line, horizontal line, fibonacci retracement etc. However on the Mt5 strategy tester, i dont see where i can use them.
@@javiimc9012 Hmmm interesting. I don't think that is possible in mt5. Can I ask you why you use these things during a backtest? Are you a manual trader?
Hope the video was helpful, if you have any questions feel free to comment.
It is very helpful, thank you.
@@charles2353 I'm glad to hear that, have a nice weekend ✌
Hi, I wanted to ask how we deal with daylight savings in backtesting? as when I’m importing real tick data from DukasCopy for a custom MT5 symbol the hours are sometime different due to the clock change. but since the recent change in clocks there match the broker symbol. I watched your entire video about custom symbols but I don’t think was explained and ultimately this is THE most important thing
@@mitchellstewart6745 I have my historical data with no time shift.
So what if I only trade during NY time is there way the test can just run off that ?
You are a good teacher explaining the graphics step by step, thanks for your guidance.
Glad it was helpful!
Very clear video thanks! Can you explain maybe a bit more about the forward testing with creating two datasets? So for example I want to do a backtest then I just press on no at the forward tab but when i when do I use the forward mode then, can’t I just run my settings for a couple of days on a demo account to reach the same result as using the forward function? Hope to hear from you soon 😊
Thanks,
yes, this would have the same effect. It is even better than a forward test with historical data, because you cannot cheat yourself. You have never seen the data and tested on it. That is the purpose of a forward test. However, in my opinion a few days are not enough for testing. And who wants to do a forward test in real time for 2 years. I would have no patience for that ;D
But maybe a few days is enough for your strategy, idk the characteristics of your strategy.
The data outside the optimization is very valuable and it should be tested as rarely as possible in this forward period.
Hope this was helpful 😀
Thanks for your lesson, very useful, may I ask a question, when backtest is good and how to save and use it for real time testing? Thanks
Thanks, you can just right click in the inputs tab of the strategy tester and save a .set file. When running on a live chart you can just load the settings using that file.
@@trustfultrading thank you very much ,I will try it😃
Very helpful, thank you.
You're welcome! Thanks for watching!
Very good. Thank you.
Thank you too! 👍
Can we draw support and resistance as well as draw supply and demand zones using the rectangle shape Using this software
Thanks for your comment.
Currently there is a breakout signal, a time signal, a moving average signal, a stochastic signal, and a bollinger band signal. You can combine these entry signals with exit signals and other filters to create a strategy. An indicator that automatically detects and trades support and resistance zones may be added in future versions.
You can always test the current version for free and try everything. 👍
Is this a reupload? I think i have watched this video already?
Yeah.. i messed up. I'm still learning this youtube ;D There was a problem with the synchronization of video and audio. Hope its fine now... sorry 🙃
@@trustfultrading no problem. You make great content
@Klaus Halunski uff 😅
Is such a report a 100% reflection of the strategy or is there any margin of error?
Can you make a tutorial on closing all orders 🙏🏿🙏🏿🙏🏿🙏🏿
Hi! How can you see in the backtest the single trades like in MT4? So you can see the lots, the amount of winning, etc...
Very clear video well done! Awesome strategy also by the looks of the backtest - stochastic I haven’t coded yet and will try next! Any tips? What was used In this USDCAD backtest?
Thank you, yeah stochastic is also a great indicator. Stochastic is involed ;)
can you show how to backtest downloadable ea
I don't understand. My backtest is always very slow. A backtest for 1 week only will take about hours. I have changed to Open Price only and still the same time.
It happens if you have a poorly optimized EA, or a slow CPU. These are the most popular reasons. I suggest you to check the EA registry in order to find some errors.
thanks alot ❤
Hi! My MT5 doesn’t close trades at targets (sl & tp) and doesn’t show results in money but it works only in pips!?? 😩
There is a checkbox in the tester settings tab if you want to use pips for a faster calculation. Uncheck that.
@@trustfultrading no, I’m talking about other problem
I'm interested in how you make the dashboard... can you make a video to show that?
Hi 👋 is there anyway to get hold of this kind of data, I presume you can purchase this but how do I know it is reliable? I want to perform 5 year long multi symbol backtest with the best Quality symbol data I trade 8 symbols maximum
This was meant about the spread data mining. I realized I am months late in this step for correct development:-(
Its never too late ;) I just record the live spreads from my broker and implement it into my backtest data.
Why with the "calculation pips" flag we get 10 times less pips than when the symbol has jpy?
By doing this the balance becomes different between couples without jpy and couples who have jpy 😵
Backtest example with 10k initial deposit between EURUSD and GBPJPY
If both get 1457 pips we have a balance of 11457 for EURUSD while 10145.7 for GBPJPY.
It would appear that GBPJPY has a performance = 4.57% against EURUSD = 14.57%
If the backtest is read alone the other parameters are ok because they all have the same pips (ex. profit factor, average profit, etc…) only the balance is wrong but if we do a multicurrencies backtest we have the problem again!
Clear hope 😂😅
I don't like to look at the profit of a backtest. Prefere a metric with risk and reward.
I'm interested in your dashboard can you make a video to show how to make the dashboard?
Can we use line studies in strategy tester? example horizontal line and trend line
Can you explain that in more detail?
@@trustfultrading ok. so on the mt4 strategy tester, while it is running i could use tools like the trend line, horizontal line, fibonacci retracement etc. However on the Mt5 strategy tester, i dont see where i can use them.
@@javiimc9012 Hmmm interesting. I don't think that is possible in mt5. Can I ask you why you use these things during a backtest? Are you a manual trader?
@@trustfultrading yes that is my technical analysis, along with a few indicators. i normally mark up the charts before i execute my trade.
unfortunately i cannot do so on MT5 Strategy tester. Was hoping there was a way
how can I contact you?
You can write to me via my website or via telegram: t.me/trustfultrading