No Nonsense Backtester - MetaTrader 4 Expert - MT4/MT5 Resources

The new MT5 version is online, with simpler testing, faster optimization, and real-time trading!

This EA is used to test nonsense Forex algorithms. With the help of this EA you can use Soft4x or any other EA in the strategy tester to test your algorithms faster than visual inspection.

Main features:

Use your indicators:

Convert the results to Excel:

Balance: How much money you have at the end of the testing period.

Annually: Your average annual return percentage.

DD Balance: Your final balance if your drawdown is fixed (you can reduce drawdown by reducing risk)

Risk: If you want DD Balance to be the real balance, what should your input risk be.

DD: Current retracement.

PF: Profit factor.

TP: The percentage of trades that reach take profit.

Profit: The percentage of trades that ended in profit.

Trades: How many trades the EA has made.

Older but more detailed getting started pdf: https://drive.google.com/file/d/1Vgp_GdgU7YiB843YHHKhVu5Gu9M-H28T/view?usp=sharing

Balances and drawdowns are not 100% accurate.

If you have any questions or find a good algorithm using this please let me know at karel789@hotmail.com.

Attachment download

📎nononsensetester.mq4 (118.76 KB)

Source: MQL5 #28117