Can you use Metatrader 5 to backtest trading strategies on historical data?
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Yes. MetaTrader 5 has a built-in Strategy Tester that allows you to backtest trading strategies on historical data. You can test Expert Advisors (EAs) and indicators to evaluate their performance under different market conditions. It supports advanced features like multi-currency testing, optimization, and visual mode for observing trade execution step-by-step.