how to backtest forex data ?

pegassus

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hi
Could anyone, kindly point me in the right direction for backtesting forex.
I am looking for free software and free data input.
Many thanks
pegassus
 
pegassus said:
hi
Could anyone, kindly point me in the right direction for backtesting forex.
I am looking for free software and free data input.
Many thanks
pegassus

Hi pegassus

you could try metatrader 4 which can be downloaded free of charge from

http://www.metaquotes.net/terminal

it has a backtesting facility (not particularly good but OK considering its free of charge)

regards
mick
 
I use MetaTrader 4 for backtesting.
From my experience I suggest to use "Every tick" testing model, always use date period, check Recalculate checkbox - after date range or currency change (you may always keep it ON), download M1 and all timeframes history and test only on history period which has M1, all this will make backtesting more close to reality.
And do not try to run optimization on big periods, test on month or weeks, then change period, otherwise testing will take too long and sometimes strategy tester generates it's own bugs or just freezes.
I believe that Metaqoutes will make tester in MT better in next version, in general I like this platform very much.
 
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