Topic: MT4 Data Question- Backtesting
So I have exported my broker data from MT4 in EA, generated a strategy, set the spread in MT4 backtester and EA the same however in EA my strategy makes $400 over a given time however in MT4 over the same time period it looses about $600. This is using all the data methods in MT4 as well.
Ive done some reading and found alot of people say you need to import data into MT4 to get a decent back test.
I found that when backtesting in MT4 the red/green/grey bar in 'Report' is 80% red. My understanding is that it means it doesnt have good data.
So my question is do i need to import data from somewhere into MT4 and the reimport it to EA. However if I do this ll be creating strategys not using my broker data.
Could someone please give me a clear understanding of how to get accurate results on both EA and MT4?