Can anyone tell me how accurate is back test for past result (Not future result). I know bast performance do not guarantee future result.
So, here i am asking about a past result.
I made a back test for EA (Oct 2020) and the result is in negative but the developer of EA said me back test provide false result and for him October 2020 was profitable with same EA which given a negative result with back test.
Its surprisingly common that backtesters use a system that has no rules for trade exit - no SL and no TP. So when the system finds a rising chart, it just keeps buying and buying, whereas when this chart turns negative, it stops buying but never closes the losers.