Hi I see this message in Pseudo code
IMPORTANT – BACKTESTING ISSUE IN MT4 DETECTED WITH THIS EA !
//| Your strategy contains multiple charts, or multi-symbol / timeframe
//| blocks or indicators – an example is Open Daily, Low Daily, etc.
//| MetaTrader 4 Strategy Tester doesn’t support multi-TF or multi-symbol
//| strategies, so this strategy will be not backtested correctly.
//| MT4 supports trading of such strategies, but not their backtesting,
//| unfortunately there is no known way to backtest these strategies in MT4.
If i have generated a startegy to trade eurusd whilst looking at the eurgbp and gbpusd how can i reliably backtest it? or this this statement above wrong?
i dont think so, that its so simple
in MT4 we can backtest only multiTF strategies looking at the higher TF
no multimarket, no multiTF with lower TF
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You can check this
Trade EURUSD based on GBPUSD close bar above / below its MA 14
As mentioned it is recommended to reference only higher (multi-tf) or higher/same timeframes (multi-symbol)
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