Backtest is for discovery of:
In any case not for indication of futuristic performance.
On 15 Jan 2015 Flash regard CHF few top brokers stopped traders access to close their trades these can happen so must need to prepare like this
Of course you can not call these top brokers, a broker should never limit access to a trading account.
Not everybody is running EA's there are many, manual traders and they need to manage such events manually.
I'm talking about Australian and Uk regulated brokers only, A regulation makes brokers worth
A backtest history important to set EA's parameters for future
I must clarify that YES, there is a way to develop a hedging EA that will have a reasonable maximum drawdown in all history of a pair (since 1993) and trade on open bar (accurate backtesting), and never have a margin call, and always close trades in profit, zero loss, or minimal, almost zero, loss and is NOT a scalper and will trade in real market just like it trades in backtest (on new bar only). Yes, it's possible. It just requires thinking and thinking... and teamwork. I should add faith, it does need some sort of miracle too and a strong love for the neighbor.
i can earn money from 100$ to 1 million dollar in 1 year in backtesting....
everything is ok when you test in openprice method.
test your ea in everytivk mode.
Did yours break too? im curious to know why/why not
I appreciate your idea, but according to my 14 year experience, I can remember I designed this EA in 2008, but there is a big problem on it, if the market be range it leads you to lack of margin and at the end call margin.
The best currency pair for this strategy was GBPUSD, and please do not trade on your real account.