After doing several test on a couple custom expert advisors, using Alpari’s historical data, I managed to obtain a 600% profit (paid after spread) in two years of backtesting.
While they might appear to be great, I’m kind of skeptic about the results. After all, I’m just a beginner on MT4 and hardly believe I’d stumble over the Holy Grail so easily. Most likely just a combination of luck and overleveraging, (only a 1.36 profit factor).
Anyway, I was wondering: how closely, in your experience, do the backtesting results reflect the results of live trading?
It would be most helpful if you could provide me (and anyone who might read this thread) with a percentage, or concrete comparisons on profit factors, that reflect its reliability.
For example, if backtesting gave a 1.5 profit factor on historical data and the live results have shown 1.4 profit so far, I could obtain that there was a -6.6% variation. I only care about the profit factors, as total profits might be to relative.
Thanks!
TheDrifter
While they might appear to be great, I’m kind of skeptic about the results. After all, I’m just a beginner on MT4 and hardly believe I’d stumble over the Holy Grail so easily. Most likely just a combination of luck and overleveraging, (only a 1.36 profit factor).
Anyway, I was wondering: how closely, in your experience, do the backtesting results reflect the results of live trading?
It would be most helpful if you could provide me (and anyone who might read this thread) with a percentage, or concrete comparisons on profit factors, that reflect its reliability.
For example, if backtesting gave a 1.5 profit factor on historical data and the live results have shown 1.4 profit so far, I could obtain that there was a -6.6% variation. I only care about the profit factors, as total profits might be to relative.
Thanks!
TheDrifter