Commodities Simulator MetaTrader 4 Free
The MetaTrader 4 Commodity Trading Strategy Tester in the MT4 platform is the environment used to backtest the profitability of an MetaTrader 4 Commodities Expert Advisor which is an Automated Trading Bot and determine the profitability of this EA automated commodity strategy and then Optimize this EA to a point where it is giving good profits from its commodity automated trading activities.
Note: Before beginning the MetaTrader 4 Commodity Trading Strategy Tester shown and illustrated below, you must first attach a commodity EA on a MT4 commodity chart, by going to the Navigator Window Panel, choosing the commodity Expert Advisor and then right click on it and specify the option "Attach to Chart", once the Expert Advisor is attached to the MT4 commodity chart it will add EA as shown and illustrated below, Then Right Click on the EA, select properties & then select the option by Checking/Ticking "Allow Live Trading" and then continue with the Commodity Simulator MT4 Commodity Platform Free - MT4 Commodity Trading Expert-Advisor Strategy Tester shown below.
The Commodity Simulator MT4 Commodity Platform Free - MT4 Commodity Trading EA Strategy-Tester option can be activated from the view menu & it is the second last menu item on View Menu, A short cut is to Press Ctrl+R button keys on your keyboard.
The Commodity Simulator MetaTrader 4 Commodities Platform Free - MT4 Commodity EA Strategy Tester has the following Parameters for setting up before testing an EA automated commodity system & also for optimizing the profitability of this commodity EA.
EA: Parameter for choosing which commodity Expert Advisor you want to test among those installed on your MT4 commodities trading platform.
Symbol: The commodity instrument for which you as a trader want to test the commodity EA on
Model: Whether to execute based on tick technique, open commodities prices or control points
Use Date: Set the date to start the testing and the date to end the testing of the commodity Expert-Advisor
Visual Mode: Choose To view the illustration of where this commodity EA opens and closes commodity trade as testing goes on, there is also a slide bar to increase or decrease speed for this visual mode.
Period: Commodities Trading Chart Time-Frame for which to use example 1 Hour Commodity Trading Chart
Optimization: Allow Optimization Settings for your Expert Advisor Automated Commodity Robot
For example to test the above commodity EA on the commodity chart for profitability, the settings can be set up as is shown above and MetaTrader platform strategies tester is then run, by taping "Start Button Key".
The following trade results are generated & an automated commodity trader can select to optimize the commodity Expert Advisor further by changing the Expert Advisors commodity settings.
Once the optimization of the commodity Expert-Advisor is complete the status bar will show progress, the above status bar shows the progress that the commodity Expert Advisor testing is complete.
To view result click on options highlighted above (Optimization Result, Optimization Graph, Journal)
Before running this Commodity Simulator MT4 Commodity Platform Free - MT4 Commodity Expert Advisor Strategy Tester for Commodities Expert Advisor testing you must go to navigator window, double click on this commodity Expert Advisor to attach it to the commodity trading chart and set the parameters as displayed and illustrated below by ticking the options provided below:
After setting the above settings then you can test your automated commodity strategy within the Commodity Simulator MT4 Commodity Platform Free - MT4 Commodity EA Strategy Tester.
Once you Run your Expert Advisor the Results will be displayed on the following window
Commodities Simulator MetaTrader 4 Free
Commodities Simulator MetaTrader 4 Free
Commodities Simulator MetaTrader 4 Free
Commodity Simulator MT4 Commodity Platform Free - MT4 Commodity Trading EA Strategy Tester Profit and Loss Graph - Commodity Simulator MT4 Free
The above is just a brief introduction to the Commodity Simulator MetaTrader 4 Commodities Platform Free - MT4 Commodity Trading EA Strategy Tester - automated trading with EA Commodity Trading Bots is a wide topic that a trader will take some time & research to learn about but the main environment to test & optimize the commodity EA automated commodity robot will be the Commodity Simulator MT4 Commodity Platform Free - MT4 Commodity Trading EA Strategy-Tester.
NB: You can only implement an Automated Commodities Expert Advisor using data that has been downloaded and saved on your MT4 commodities trading platform, therefore for the date settings choose the dates that you've been trading with your MT4 to get a graph representation of how your automated commodity EA would trade.
