MetaTrader BackTesting, Reliable or Not??

[stasbz]

I'd like to backtest my system on currencies. what do you know about MetaTrader? is it reliable for back testing?

 

[Wallace]

Stasbz, you'll find a lot more relevant info at the sites listed below, i don't bt
so can't give you info but there are issues
use an MT version from the broker you intend to trade with - if that's the case
some use pips only - 1.3623 others use pipettes - 1.36234

http://www.forexfactory.com/
http://www.forex-tsd.com/forum.php
following has many indicators, Experts, etc but there may be additional bt
specific info: http://www.forexmt4.com/mt_yahoo/

 

[Wallace]

attached is one bt piece i was aware of, hope it helps

 

[goodgoing]

You should rather ask whether the data is reliable.