I’m a newbie and have just written my first EA for MT4. Strategy testing in MT4 has given some very good results. Problem is that they are too good, unrealistic. I’ve seen two different software packages that claim to be able to accurately backtest with tick data and I’m wondering how they stack up?
The first is Forex Tester 2, which seems pretty popular. The only drawback is that I’d have to recode my EA.
The other is at fxtester.com and will supposedly accept my MQL4 EA with no modifications, but it is around $700 to buy it.
Anybody have any experience with these that they can share? Any other strategy testers I should be looking at?