MetaTrader 4 (MT4) is not only a powerful platform for real-time trading and market analysis but also offers the capability to backtest trading strategies. This feature allows traders to evaluate ...

Other metrics such as profit factor, Sharpe ratio, and recovery factor provide a more complete picture of system stability.

One of the biggest strengths of MT4 was its ability to give traders a clearer view of the global market’s rhythm.

Backtesting is the process of applying a trading strategy to historical price data to see how it would have performed in the past. It allows traders to test their ideas and plans without using real ...