Where/How to backtest a strategy with multiple charts?
4 replies
Oliver
4 years ago #250787
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?
Thanks
Oliver
tomas262
4 years ago #250791
Hello, the message is obsolete. You can use MT to backtest multi-symbol & multi-timeframe strategies
Oliver
4 years ago #254733
ok thanks
hankeys
4 years ago #254739
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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tomas262
4 years ago #254752
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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