Meta Trader 4(MT4) Basics Tutorial - How To Improve Your Backtest Results In MT4 - 10 Easy Steps To...
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Transcript of Meta Trader 4(MT4) Basics Tutorial - How To Improve Your Backtest Results In MT4 - 10 Easy Steps To...
![Page 1: Meta Trader 4(MT4) Basics Tutorial - How To Improve Your Backtest Results In MT4 - 10 Easy Steps To Reach 90% Modelling Quality](https://reader034.fdocuments.in/reader034/viewer/2022052310/5564b97ed8b42a3e618b5012/html5/thumbnails/1.jpg)
MetaTrader 4 (MT4)Basics Tutorial
How to improve your backtest results in MT4
10 easy steps to reach 90% modelling quality
![Page 2: Meta Trader 4(MT4) Basics Tutorial - How To Improve Your Backtest Results In MT4 - 10 Easy Steps To Reach 90% Modelling Quality](https://reader034.fdocuments.in/reader034/viewer/2022052310/5564b97ed8b42a3e618b5012/html5/thumbnails/2.jpg)
Backtest modelling quality?
Yes, this actually measures the quality of the backtest. The higher, the better!
90% modelling quality is the standard. It means that your backtest is reliable enough.
In order to get 90% modelling quality you need M1 price data.
So, here is a step by step tutorial how to get the backtest modelling
quality in MT4 to 90%...
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1. Open the HISTORY folder of your MT4 platform (this should
be ...MT4_main_folder/history/trading_server_name/) and delete
everything in it (don't forget to delete the Virtual Store under Vista/7).
![Page 4: Meta Trader 4(MT4) Basics Tutorial - How To Improve Your Backtest Results In MT4 - 10 Easy Steps To Reach 90% Modelling Quality](https://reader034.fdocuments.in/reader034/viewer/2022052310/5564b97ed8b42a3e618b5012/html5/thumbnails/4.jpg)
2. Open your MetaTrader 4 Platform and go to
TOOLS then OPTIONS and select the charts tab
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3. Fill MAX BARS IN HISTORY and MAX BARS IN
CHARTS with as many 9’s as you can and click OK.
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4. Open the History Center from Tools
menu or by pressing F2 on your keyboard.
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5. Expand the Forex Tab by
clicking on the + symbol next to it.
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6. Double click the currency you want to download
price feed for. A list of time periods will appear.
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7. Double click on 1 Minute (M1) to load
history for that period and click Download.
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8. Click OK on the Download
Warning message that appears.
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9. The history will begin downloading.
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10. Repeat this process for every other
timeframe and pair you want to test.
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That's it!
You now have Forex historical price feed downloaded into your MT4. You can get 90% Modelling Quality for your backtesting.
Note: If you need to re-download the data make sure you delete the download folder as well (this should be... MT4_main_folder/history/trading_server_name/) before you start the process. Don't forget to delete the Virtual Store under Vista/7 as well.
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