Recent content by Craig66

"The way most people seem to use the term curve fitting in my mind really means over fitting. Every trading system (mechancial or discretionary) is curve fitted i.e. the trade entry and exit decisions are based on market behaviour repeating itself. Over fitting is where a system has been build...

Backtesting in MT4 is not useless, you just have to know the limitations of the system (of which there are a few). Obvously any system which makes billions is exploiting flaws in the MT4 backtester.