Backtest Bummer 2

Filed Under (EA System, Journal) by Casey on 20-04-2009

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Backtesting has become a bane for me… It really makes me wonder why do I need to do backtesting. I mean backtesting is a good way to check if an EA is at all any good as they claim it to be. Most forex ea seller just don’t publish their backtesting results…

And if they do, how to you verify it? Well, you verify it by doing backtesting I suppose.

But some EA just can’t be backtested because of the dll files…. I don’t know I have been trying to find out how to backtest EA which has dll files. FAPT mentioned in their forum how one can back test it… but it seems that no one has the problem with backtesting it… But I do… it’s weird.

While browsing and searching for a way to backtest the EA with dll files, I suddenly realize that there are already so many information about certain EA on the forum and on the internet… You can practically drown on all these information. Backtesting results, forward testing results, live results… comments here comments there, settings here and settings there…

(Explain why I have been quiet for sometime now on my blog)

Anyway, then it hit me! Why the help should I reinvent the wheel?? There are already so much information on the forums, why bother wasting my time backtesting certain EA? I am not optimizing it? I just want to verify it…

Most of these forums has already verify the backtesting results and most of them are forward testing it, either live or demo. And forward testing results are far better than backtesting results as the community says…

I guess I really need to refine my way to cut short my guidelines and maybe jump straight into foward testing the most interesting EA…

So at the moment I am not going to backtest any or most of the EA because it has already been done on the forums, I am going to jump straight into forward testing. If it yield good results. I am then going to put it live… As simple as that… why make my life so difficult…

And another thing is really great about browsing through forums is that not only do you get verified backtesting and forward testing results but you sometimes get some more additional information about the EA….

Interesting….. :)

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