molanisfx wrote:
If you buy a Pro version you get the code so you can compile it with your old mt4 version (open it with metaeditor old version and click on compile). By default the new version compiles for the latest mt4 version and not for the old version so having the code is needed for old version backtesting.
Ok, thanks! Pro version it is!
molanisfx wrote:
Modeling quality is similar. You need to get your own data to do 90% or more.
I figured as much. I did not know whether or not you were aware of any internal changes that Metaquotes may have included into its newer versions (600 or higher) that make backtesting better for the active trader depending on tickdata.
Out of the box, for the active trader, MT4 testing lacks good modeling quality unless you force feed the engine tickdata. The problem is that most of the retail brokers out there don't drive their servers using tickdata, nor do most of them store tickdata on their back-end databases. So, when you download from their back-end through your MT4 client, the lowest timeframe you get is M1 and that won't yield sufficient modeling for an active trader where tick-precision on the entry and exit is crucial (M1 data works fine for the swing traders or longer term investors).
Anyway, like I said, I just wanted to know if you had any new inside info on their new Backtester Engine. It sounds like they are using the same exact engine for backtesting, however.