Grid Strategy
The MetaTrader 4 Commodity Trading Strategy Tester in the MT4 platform is the environment used to back-test the profitability of an MT4 Automated Commodities Expert Advisor which is an Automated Trading Bot and determine the profitability of this Grid Commodity EA automated commodity strategy & then Optimize this Grid Robot to a point where it's 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 Automated Commodities Trading EA on a MT4 commodities trading chart, by going to the Navigator Window Panel, choosing the commodity trading Grid Robot & then right click on it & specify the option "Attach to Chart", once the Grid Robot is attached to the MT4 commodity chart it will appear as it is shown below, Then Right-Click on the Automated Commodities Trading Expert Advisor, select properties & then select the option by Checking/Ticking "Allow Live Trading" and then continue with the MT4 strategy tester shown below.
The MetaTrader 4 strategies tester option can be activated from the view menu and it is the second last menu item on View Menu, A short cut is to Press Ctrl+R MetaTrader 4 buttons on your key-board.
The MT4 strategy Tester has the following Parameters for setting up before testing an Automated Commodities EA automated commodity system & also for optimizing the profitability of this commodity Grid Robot.
Automated Commodities Trading Expert Advisor: Parameter for selecting which commodity Grid Robot you want to test among those installed on your MT4 commodities trading platform.
Symbol: The commodity chart for which you want to test the commodity Automated Commodities 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 Automated Commodities EA
Visual Mode: Choose To view the illustration of where this commodity Grid Robot 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: Commodity Trading Chart Time-Frame for which to use example 1 Hour Commodity Trading Chart
Optimization: Allow Optimization Settings for your Automated Commodities EA Automated Commodity Robot
For example to test the above commodity Automated Commodities Trading EA on commodity trading for profitability, the settings can be setup as displayed and shown above and the MetaTrader platform strategy tester is then run, by taping the "Start Button".
The following trade results are generated & an automated commodity trader can select to optimize the commodity Grid Robot further by changing the Automated Commodities Expert Advisors commodity settings.
Once the optimization of the commodity Automated Commodities Expert Advisor is concluded the status bar will show progress, above status bar shows the progress that the commodity Grid Bot testing is complete.
To view result click on options highlighted above (Optimization Result, Optimization Graph, Journal)
Before running this Grid Commodity Trading Strategy - Intraday Grid Commodity Trading Strategy for Automated Commodities Expert Advisor testing you must go to navigator window, double click on this commodity Grid Robot to attach it to the commodity 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 MT4 strategy tester.
Once you Run your Automated Commodities Expert Advisor the Results will be displayed on the following windows
Grid Strategy
Grid Strategy
Grid Strategy
Grid Commodity Trading Strategy - Intraday Grid Commodity Strategy Profit and Loss Graph - Grid Trading Commodities Robot - Grid Trading Robot
Above is just a brief introduction to MT4 strategies tester - automated trading with Grid Robot 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 Automated Commodities EA automated commodity bot will be the Grid Commodity Trading Strategy - Intraday Grid Commodity Trading Strategy.
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 Grid Bot would trade.
