Originally Posted by
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Hi All,
I'm quite new to MQL, but I am getting there. I have researched an EA that basically goes either long or short on both EURUSD and the USDCHF (ie. Either both long or both brief ). Since these two currencies tend to mirror each other, this is somewhat like a hedge. I get out once I have profit, and jump back in the other way.
I have 2 issues, the first is that I'm not certain about the ideal take profit, and prevent losses, and the second is that I am not sure that this system is profitable (though it is showing promising signs). The reason is that this EA can't be backtested by me. Apparently it is a limitation of MT4 that you can play with 1 currency pair per EA when backtesting.
What I need to know is, how will I have the ability to backtest this with a script? If not, does anybody have some other suggestions?