Forex EA specifically refers to automated trading systems that run on MT4/5 terminals. EA can automatically monitor the market and execute orders 24 hours a day, effectively avoiding the impact of time, physical strength, emotions and other factors on manual trading. For more details, please see the Appendix at the end of the article. Almost every Commercial EA vendor will provide the corresponding backtest data.
Tickdata backtest from 1975 Tickdata backtest from 1982 Comparing the backtest results before and after modifying the timing of the data, we have to think that this is a potential Scam EA. Conclusion 1. Before purchasing any Commercial EA, be sure to run a Tickdata backtest. 2. It is necessary to modify the timing of the Tickdata for the testing. 3.