How To Backtest on MT4 (Metatrader 4) LIKE A PRO: The Ultimate Guide for 2024

In this video, I’m going to explain how to backtest mt 4 like a pro. This will be a quick tutorial to walk you through it, as well as discuss some of the pros and cons with backtesting. Backtesting can be a valuable way to help you improve and optimize your strategies for the current market conditions.

If you've got a desire to trade based on data, using backtesting correctly is extremely important. It gives you a good idea of how a strategy performs over historical data. There are some limitations with backtesting, but when you understand how to use it well, it’s a great tool to include in your overall strategy, and seeing how your expert advisor perform before you make trades.

0:00 Intro
1:23 MetaTrader 4 tutorial
3:26 Differences in modeling types
5:33 Running a test
7:06 Optimizing your strategy
8:10 Evaluating your results

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Disclaimer: Forex trading involves significant risk of loss and is speculative. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Past performance is not necessarily indicative of future results.

[ViCTRiA]

this video is so helpful thank you so much!

[caiorocha]

Hello, very good video. Is there an limit of optimizations we can do ?

[elliotwilliams]

Good video. Which VPS are you using ?

[klin]

I would like to know on backtest process, MaxDD and Max float is same or Max float how to see on backtest report.

[ovitc]

When I go to optimization I dont get any value from my EA I just get the base values and I cant really optimize anything. How do I make my inputs show up in the tab?

[ente_kadang_ya]

about downloading history data, isn't there r differences(vs data from our broker) that make out backtest invalid?

[tennesseejoseph]

Can u put ur indicator instead of your ea

[olysev]

I want you to show me how you do this on currency pairs like EUR-USD and USD-Jpy, thanks.

[goldenleafclinic]

I clicked download and then in the box where the symbol for the currency is, xauusd is not in the list. Why?

[olysev]

Does this Scalper Robots Setup help in trading?

[bayuww]

So in this testing strategy, should write the script first?

[ente_kadang_ya]

where i can obtain such as ea for bactesting?

[niftypecharcha]

Sir how to backtest ea..which have 2 file one buy and one sell please reply

[XXTXShadowXx]

I often have the „problem“ that the graph and the report arent showing the same backtest
Is the report more important? Or more significant

[ericl]

Good day how come my mt4 didnt have visual mode?

[TheShepherdsPath]

is there a way you can backtest without the money theoretically going up

[jac.meihoff]

i notice the EA is v8.5...your titanX is now v40.5 for MT4...and v21.32 ( i think) for the MT5 version. Is there any reason you are using an old EA or is it that this vid old and just been rebirthed? BTW I'm keen to see the process you guys use to optimise the MT5 version of TitanX as MT5 is a far better terminal for testing and optimising EA and the results can be very interesting to export into excel for further data analysis