re: fraudulent backtests
Yes its a bit insidious as you wouln't know as the backtest may look ok, that what is scary about it, I guess that's why you should always test on a demo first. I only became wary of this when I bought an EA then tested and noticed:
1) The backtests could not match...
It has come to my attention after trying a few commercial expert advisors and finding that they don't really match past performance that some vendors actually have the backtest settings hard coded inside the code and have them change on certain dates (all done internally) to make the backtest...
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