some EAs are built to take data from one timeframe only no matter which timeframe you select in the tester, the EA in question might also configure the trading volume (lot size) based on stop loss (which means leverage isn't a deciding factor in position sizing). In fact it's rare that you'll find an EA where leverage is used to take higher lot sizes. It would be in the realm of gambling, and most EAs are not built to work that way.
Conor Mcnamara #:
some EAs are built to take data from one timeframe only no matter which timeframe you select in the tester, the EA in question might also configure the trading volume (lot size) based on stop loss (which means leverage isn't a deciding factor in position sizing). In fact it's rare that you'll find an EA where leverage is used to take higher lot sizes. It would be in the realm of gambling, and most EAs are not built to work that way.
Ok,some EAs are built to take data from one timeframe only no matter which timeframe you select in the tester, the EA in question might also configure the trading volume (lot size) based on stop loss (which means leverage isn't a deciding factor in position sizing). In fact it's rare that you'll find an EA where leverage is used to take higher lot sizes. It would be in the realm of gambling, and most EAs are not built to work that way.
Thank you.
Then, I must realize, that the actual (backtested) performance is way worse, than promoted in the marketplace. How is that possible?
David Schmitz #:
Ok,
Thank you.
Then, I must realize, that the actual (backtested) performance is way worse, than promoted in the marketplace. How is that possible?
They sometimes generate the graph based on a certain modelling which might not be based on real ticks. Different broker accounts also use a different spread (some are raw spread). But what I found above all is that a lot of sellers fabricate the performance and use an equity graph that they found somewhere else. There's a lot of fake advertising going on.
Ok,
Thank you.
Then, I must realize, that the actual (backtested) performance is way worse, than promoted in the marketplace. How is that possible?
Another possible cause could be overloaded Tester cache in the MT5 Data Folder. Sometimes duplicate results occur despite changing Settings and Inputs.
Interestingly, it never occurs when I rename an EA and retest it. Of course, you can't do that without source code (mq5 file). If you don't have it, clean the cache.
David Schmitz:
upload the log and it might give us clues. not image. upload full log in post. without seeing that all comments are guesses. the log might give us clues that we can explain.
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I downloaded the demo of an expert advisor.
But when I do the backtesting, then changing leverage or candle-times has no effect at all.
The results are always the same in the backtest.
Is there a general advice, how this can be explained?
How do I know, which leverage was simulated in the backtest?
Thank you.
David