Question regarding to Expert Advisors (Robot/EA)

Persant

Trader
Apr 29, 2021
1
0
6
29
Hello guys i have a couple of questions, I mean it seems that is an awesome EA but im not sure if the backtesting using the StrategyTester on MT4 is accurate or if you can trust 100% on it to use a live account, because it seems that is having a good performance but im not 100% sure

What do you guys think about this EA?
This is a test i ran from 2020/01/01 to 2020/12/31
 

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Enivid

Administrator
Staff member
Nov 30, 2008
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Odessa
www.earnforex.com
No, MT4 Strategy Tester backtests aren't 100% accurate. Even if run live on the same time period, the EA would likely show much different results in live trading due to spreads, swaps, slippage, and real ticks.

However, this EA was likely over-optimized (curve-fitted) to the given time period and these testing results are probably completely useless.