Turbo Morning Trade EA

I have a number of creative ideas (which i will share) and I was wondering if anybody can tell me how to get hold of backtest data. I have no idea how to set this up in metatrader does anybody have a link to a beginners guide for backtesting?

Concerning the backtests:
This is not an easy task. You have to consider several points. First of all you have to make yourself familiar with the Strategy Tester.
The best is to google for it. There are many good articles.
Most important are the historical data. You can buy them for a lot of money, or load them from Metaquotes. Both are not recommended.
The best data source at the time being is Alpari RU.
Just open an demo-account and load the historical data.
After that disconnect the MT4-platform and start playing with the backtests and follow the articles (from google) and from youtube.

Here are some Links that should keep you busy for a while ;)

http://www.earnforex.com/blog/2008/01/quality-metatrader-historical-data/
http://www.metatrader.info/node/66
http://www.youtube.com/watch?v=1KwWKZyP7ws&feature=related
http://alansforexblog.com/2010/06/14/metatrader-backtesting-how-to-get-99-modeling-quality/
http://alansforexblog.com/2010/06/14/metatrader-backtesting-how-to-get-99-modeling-quality/

Success

Antomi
 
Indicator shown LONG but Turbo got no trade, I guess one of the filters cancelled it out. I was hoping for it as overnight rally was retesting the top and it was not wise to buy into it at the top.
 
I split my risk between TMT and the vanilla FMT - that way I don't get frustrated if TMT is too fussy.
 
I trade TMT on two accounts with the same settings. Today I got a trade on GoMarkets, but no trade on IAMFX. I checked the logs, and IAMFX logs say "trade context busy" and "failed - common error". I think some brokers like IAMFX are just messing with us.
 
No trade this morning although FMT rules would have suggested a buy. I guess there must be something in TMT holding back? Not too worried as one of the indicators was borderline.
 
No trade this morning although FMT rules would have suggested a buy. I guess there must be something in TMT holding back? Not too worried as one of the indicators was borderline.

My mt4 crashed so I couldn't get a trade anyway. I see fmt was a loser. Did anyone else on turbo have a no trade like blackstick? Saved by the adr filter?
 
No trade for me on my live account thankfully, either for TMT or FMT. However, my demo account did trade FMT, for a full loss. Both are with Alpari UK.

My mt4 crashed so I couldn't get a trade anyway. I see fmt was a loser. Did anyone else on turbo have a no trade like blackstick? Saved by the adr filter?
 
No trade on TMT live IBFX, 6:00 - 6:30. Reading through Donnaforex forum on FMT, others who are trading FMT during the same times i.e. 6, 6:15, 6:30, etc. had full SL's.
 
I was saved by the filter yesterday but missed the profitable trade on the day before due to the fitler as well.
 
+35 pips this morning....

I've changed the trading window on TMT to start between 0615 and 0630. In backtests (and in real time) this proves to be significantly more succesful. Although I can't offer a reason why this is the case (other than maybe the price is better at open), these settings may be better with other brokers.

BTW I am spread betting with SLM. My settings are:

SL 45
BE at 25
BE add 5 pips
TP1 30 @ 50%
TP2 35
Exit Strategy 1
 
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