Comment on EA's for auto buy/sell signals - Pi

vivek commented on 13 May 2015, 04:41 PM

in the image above(http://zerodha.com/z-connect/wp-content/uploads/2015/05/back2.jpg) a backtest is being done using the 50 ema crossover. somehow i feel it cannot be so profitable as is being suggested by the backtest report(i know its not inclusive of costs. but even if costs are factored in, its still a very good outcome 8782 pts profit may reduce to maybe around 3000 pts).
my question is: can i fully rely on the backtest report, when even such a simple strategy appears to be easily profitable?

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