MetaTrader is Utter Garbage

Zero confidence in its Strategy Tester

I have over a year of experience programing in the MQL4/MQL5 languages, I have worked through many quirks and gotchas and amassed a considerable local code repository - so I am qualified to make such a bold statement.

Today I am just throwing in a towel. My lack of confidence in its ability to simulate trades is now absolute ZERO and casts serious doubts onto previous results.

I have reported this in the forums and also through a support tickets but that went on nowhere.

The picture below is of a custom symbol, left is the data Strategy Tester, right is normal chart history, both of them have a signal attached. You can clearly see the Strategy Tester chart is different and missing bars and so of course the signal activates differently. I've discovered this issue when I tested my multi symbol expert on Symbol A and then on Symbol B and found the sum net profit and orders placed to be different than when I tested the same expert on Symbol A and Symbol B at same time.

If you are considering MetaTrader as a trading platform that you can grow with, just don't - save yourself the pains I've experienced.

I do not have an alternative tool yet so feel free to suggest in the comments section.

On the bright side the 'learn to trade' journey was and is still glorious and worth it.

2018-Nov-06 Update: Still a random number generator

Below is screenshot which shows genetic optimization run and below the first select to be run as a single test, note the results completely don't match.

Comments

Storing passwords in PuTTY

How to save SSH username/password for auto login in PuTTy The answer is you can't do it...at least in plain PuTTy. However there is an awesome fork with that let's you store the username and password and other additional features called KiTTy . So grab yourself a copy and +1 this if you do, thanks.

Softeher 'Error occurred. (Error code: 2)' sollution

Protocol error occurred. Error was returned from the destination server. The Softether server by default to run on port 443 , if you server also hosts normal https then 443 is already taken and so Softether can't bind to it. When you run `vpncmd` it attempts to connect, find an active port, but of course fails with 'Protocol error occurred. Error was returned from the destination server.' because it's not actually connecting to the vpn server. By default Softether also listens on 992 , 1194 , and 5555 so the sollution is to modify specify `localhost:5555` when executing the `vpncmnd`. If this has helped you feel free to comment or follow me on twitter @danielsokolows .

LightScribe Template Labeler for Windows 10

LightScribe Template Labeler installation "Operating System Inadequate" Issue Unfortunately 'LightScribe Template Labeler' installation will not work on Windows 8 and Windows 10 machines as the install simply will error out with 'Operating System Inadequate'. Trying to install using compatibility mode did not help. Installing LightScribe Template Labeler Workaround However if you simply copy the installed folder from an older machine like Windows 7 into your `C:\\Program Files (x86)\LightScribe Template Labeler`, create a shortcut, then the software will still happily work, see: http://answers.microsoft.com/en-us/windows/forum/windows8_1-performance/lightscribe-templatesimple-labeler-the-system-is/c2ebee28-bfb5-4aef-beb3-a43329561da8?db=5&auth=1 So you can install Windows 7 machine in a virtual machine, install 'LightScribe Template Labeler', and then copy the resulting folder to your Windows 8 or Windows 10 machine. For my own convenien...

Daniel Sokolowski's Blog

Search This Blog