Read the numbers yourself, do not trust promises
Each article here teaches one specific verification skill. None of them says one EA Trading Bot is better than another. Once you have read them, you can reach your own conclusion instead of having to trust anyone.
Published articles
- How to read MT5 backtest results: six numbers that decide whether an EA Trading Bot can be trustedRead the MT5 Strategy Tester report: modelling quality, profit factor, drawdown, trade count and out-of-sample. Know them before judging an EA Trading Bot.
- Seven signs an EA Trading Bot is scamming you, and how to check it yourself in ten minutesForex trading bot scams often promise 100% wins, doctor backtests, borrow someone else's tracking account or hide logs. Use this checklist before you pay.
- What is a good profit factor? How to read this metric in an EA backtestWhat is a good profit factor? Learn the gross profit / gross loss formula, a published EA example, and how to weigh trade count, costs and drawdown.
- What drawdown is safe? Balance vs equity drawdown explainedWhat drawdown is safe? Learn balance vs equity and absolute vs relative drawdown, how to estimate capital at risk, and how to read a real backtest example.
- What is net profit in a backtest? Read profit with the test conditionsWhat is net profit in a backtest? Tell net profit apart from gross profit, read it with deposit, period and drawdown, and weigh spread, commission and slippage.
- How many trades is enough in a backtest? Sample size and test periodHow many backtest trades are enough to go on? Learn why 200 is only a signal, and how time period, market regime and over-optimization affect the result.
- What is win rate? How to read an EA's win rate alongside its wins and lossesWhat is win rate and what does an EA's win rate tell you? Learn the formula, payoff ratio, and the martingale and grid traps in MT5 reports.
- What is expected payoff? Reading the average profit per tradeWhat is expected payoff in an MT5 report? Learn the average profit per trade, how to read it against spread and commission, with a published EA example.
- What is recovery factor? Reading net profit against drawdownWhat is recovery factor in an EA backtest? Learn the net profit / maximum drawdown formula, the ratio's limits, and the role of test length and related metrics.
- What do modelling quality 99% and Every tick based on real ticks mean?What do modelling quality 99% and Every tick based on real ticks mean? Learn about real ticks, M1 OHLC data, history quality and the limits of backtesting.
More articles are on the way. To see how DinexSpace labels the source of every number, read the transparency page.