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How to back test with 99% model quality
I read in the forum that to do back test, the model quality should be at least 90%. And in order to see sudden market spikes or drop, the model quality better to be as high as 99%.
But most broker when doing backtest, there is always mismatched in the tick data, what is the correct procedure to achieve 90-99% model quality.
Without any doubt you are served very well here: https://eareview.net/downloads. Tick Data Suite is not for free, but you can try it out before buying. It works via a MT4/MT5 extension and you will see 2 new options in the tester window. One to switch on usage of tick data and one for the tick data settings.
You will get 99% model quality for 10-15 years depending on the symbol. The tick data will come from Dukacopy or another firm for you to choose. Just download the data and go backtesting without any conversion.
Great topic.
Here is another tick data provider at low rate. h t t p / w w w. h i s t d a t a .com
not free, but more better quality than d u c a s c o p y
cheers
Yes this helped me, THANK you !
Also occured to me that Metatrader 4 only backtests on 1 minute data what is a big difference from per tick data so there is where the difference comes from while backtesting versus life accounts. Have not yet figured it out looking into this
Brilliant! Thanks Bro, Thanks for your advice. It is really useful links. Good luck in trading with EA. What can i say? Testing a scalper ea must be much productive.
I am not sure why people are so hung up on near perfect back testing as it is nothing like forward testing.
Being profitable in back testing does not guarantee profitability in live trading.
You are right! But i can test arbitrage expert advisor. Of course tests with real account are true! Have a nice week and let it be profitable!
I am new here and had couple of EAs but didn't know how to back test them. This information is great and solid. Its better to know how your EA is performing before going forward in real account.
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