Fellow forum members,I am starting to think about making the move to MT5 from Mt4 and before I get some of my stuff coded I would like to ask more experienced users if what I am looking for is possible to backtest on MT5. I know MT5 has the ability to backtest multipair strategies but i am not too sure if it is possible to do what i will be attemptingEssentially the EA trades strenght vs weakness of various pairs... so lets say I want to trade USDJPY, it looks at all USD crosses to determine USD strenght or weakness and then looks at all JPY crosses to determine JPY strenght or weakness. Then it will trade based on how strong or weak USD and JPY are.My question is, can MT5 backtest such strategy where an EA is looking for certain conditions on all related crosses before making a decision?Appreciate you inputs.Green pips to all! ;)
I want to trade USDJPY.
Trade one symbol, check multiple currencies, no problem.
The OP stated that the decision process needs to lookup data on crosses so as to calculate Strength/Weakness!
EDIT: You have amended your post, but I was always under the impression that one could not lookup data from other pairs in the Strategy Tester in MT4 when testing an EA.
EDIT2: If that is indeed the case, then that opens up the possibility of some EA tests that I never tried on MT4 before and only tested them on MT5. Thanks for the info!
I edited 2 seconds after publishing to be clearer. You are very eager ;-)
Happy to help you.
Trade 1 pair only but access any pairs data.