i know this system can't be tested (multi-currencies) so my questions are:
Surely you can test multicurrency expert advisers, and experiment for getting answers for your questions 1 and 2.
i know this system can't be tested (multi-currencies) so my questions are:
Surely you can test multicurrency expert advisers, and experiment for getting answers for your questions 1 and 2.
Surely you can test multicurrency expert advisers, and experiment for getting answers for your questions 1 and 2.
Dear korotky
thanks a lot for reply, can you explain to me how to back test multi currency ea
i know this system can't be tested (multi-currencies) so my questions are:
1- is there any better way for deciding whether to buy or sell (other than currency strength meter?
2- are these profitable testing is the case or is it just by accident (luck) am still making profit?
best of luck for all
Multiple currency trading is no problem via EA, I regularly monitor and trade multiple currencies from a single MT4 chart.
1- is there any better way for deciding whether to buy or sell (other than currency strength meter?
That depends entirely on your personal trading strategy. If a strength meter is part of your strategy and it works for you, why change it?
2- are these profitable testing is the case or is it just by accident (luck) am still making profit?
Again, That depends entirely on your personal trading strategy.
Markets change over time and something that works right now might not work in the future.
- Jack
thanks a lot for reply, can you explain to me how to back test multi currency ea
In MT5, backtesting of multicurrency EAs does not differ from standard backtestings: the tester supports this feature natively.
All you need is to obtain/code a EA which will issue orders in different symbols. The tester will automatically download data for the symbols being used, open charts, and execute trades. Of course, finally you'll get a report with multiple symbols.
The threads/posts
The articles
Documentation
The threads/posts
The articles
Documentation
Dear Jack, Korotky and Sergey thanks a lot the post was very informative, am using MT4 on live account, i will open demo account running mt5, i have ea that can open sell or buy or both for 7 currencies somebody coded for me. i will try it and check the report
Multi Symbol Chart - indicator for MetaTrader 5
The indicator plots candlestick formations for four symbols in one separate window.
It can be altered easily to show more or fewer symbols.
Multi currency library - library for MetaTrader 5
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Dear All
i was trying a trading strategy to buy or sell all the USD Currency pairs together, i only check the daily strength of the USD, then i take decision to buy or sell (open 7 positions), then i check after so many hours, sometimes waiting for days looking for total positive profit after that i close all the 7 pairs together, after so many testing on demo account i realized it worth studying trying i didn't lost any of trials so far.
when the dollar strength is high i open sell, and vise versa. (same lot size)
i know this system can't be tested (multi-currencies) so my questions are:
1- is there any better way for deciding whether to buy or sell (other than currency strength meter?
2- are these profitable testing is the case or is it just by accident (luck) am still making profit?
best of luck for all