Backtesting
Backtesting is running a trading rule against historical prices to see how that rule would have behaved.
Explanation
MetaQuotes' Strategy Tester page says the tester uses the history of instrument prices. The robot analyses a selected period and carries out virtual operations according to its algorithm. The page presents that as a way to look at a robot before using it on a real account. A result on past prices is not a forecast of future prices, and the tester's method is not the method of every other product. The software catalogue lists tools that publish a backtesting function of their own.
This page explains published terms for education and reference. It is not financial, investment, tax, or trading advice, and it does not recommend a firm, product, or strategy.
In the software catalogue
Related terms
Sources and last check
Last checked . Rules, prices, and product names change. Read the source.