Profit in Pips for faster calculation
https://www.metatrader5.com/en/terminal/help/algotrading/testing#settings
Read this post.
Scroll over profit in pips in that image and you'll see:
"
Profit calculation in pips can speed up the testing process while there is no need to recalculate profit to deposit currency using conversion rates (and thus there is no need to download the appropriate price history). Swap and commission calculations are eliminated in this mode.
Please note that margin control is not performed in this mode. You should only use it for quick and rough strategy estimation and then check the obtained results using more accurate modes.
"
It depends on the EA, but I think maybe that's why.
- www.metatrader5.com
then check the obtained results using more accurate modes.
"
It depends on the EA, but I think maybe that's why.
The results are accurate. It does not depend on the EA. It is just without commision and swap and currency conversions, hence profit in points.
Swap, even in every tick real ticks mode (the most "accurate" method) is inaccurate as it does not use historical swap, but current day swap over the entire history. It is even worse then pip mode.
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Hello,
Hope someone can help me. Can someone please enlighten me why unchecking the checkbox "Profit in Pips for faster calculation"
cause my EA to wipeout entirely . But when checked the backtest result looks good.
Thank you.