MTF Backtesting on MT4 StrategyTester
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Hi there,
Sorry if this has already been covered elsewhere but I was wondering - can an EA created using FXFreema using indicator data from multiple timeframes be back tested on MT4's strategy tester?
I've read online that MT4's strategy tester does not work properly for EA's using multiple timeframes is this true?
Thanks,
Luke -
properly made indicator can handle this way, fxdreema work with indicator buffers, you can read from multiple timeframes (M1,M5,M15,etc.) and from multiple pairs like (M5 EURUSD + M15 GBPJPY, etc.), but take into heed, that tester is not very accurate and if you will test multiple tfs and multiple pairs, you need to count with bigger flaw in testing result
be sure to have downloaded enough history data from all tested tfs and pairs before testing
in MT4 tester you can not open trades in multiple pairs (like EURUSD+GBPJPY at one time) but you can read data from multiple tfs and multiple pairs and open trade only on pair selected in tester window
in MT5 you can do all this + opening trades in multiple pairs, but dont forget that MT5 is primary working in "nonHedge" mode (more with google), secondary is working in hedge mode (depends on account type) but you need make a lot of things into EA manually when you will working in hedge mode (hedge account type), so once again, be careful on this
hope this was enough helping for you
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miro1360, thank you for replying to some of the questions
