MT4 Trading Expert Advisor Strategy Tester Panel

The MT4 Trading Strategies Tester in the MT4 platform is the environment used to backtest the profitability of an MetaTrader 4 Commodities Automated EA which is an Automated Trading Bot and determine the profitability of this Expert Advisor automated commodity strategy and then Optimize this Expert Advisor to a point where it's giving good profits from its automated trading activities.

Note: Before beginning the MetaTrader 4 Trading Strategy Tester shown and illustrated below, you must first attach a EA on a MT4 commodity chart, by going to the Navigator Window Panel, choosing the commodity EA and then right click on it and specify the option "Attach to Chart", once the EA is attached to the MT4 commodity chart it will then appear as described below, Then Right-Click on the Automated EA, select properties & then select the option by Checking/Ticking "Allow Live Trading" and then continue with the MT4 strategy tester shown below.

The MT4 strategy-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 buttons on your keyboard.

The MT4 strategy Tester has the following Parameters for setting up before testing an EA automated commodity system & also for optimizing the profitability of this EA.

EA: Parameter for selecting which commodity EA you want to test among those installed on your MT4 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 method, open prices or control points

Use Date: Set the date to start the testing and the date to end the testing of the commodity EA

Visual Mode: Select To view the illustration of where this EA opens and closes trade as testing goes on, there's 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 H Trading Chart

Optimization: Allow Optimization Settings for your Automated EA Automated 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 trader can choose to optimize the commodity EA 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 portrays 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 MetaTrader 4 Expert Advisor Strategy Tester for Commodities Expert Advisor testing you must go to navigator window, double click on this EA 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 MetaTrader 4 strategy tester.

Once you Run your Expert Advisor the Results will be displayed on the following window

MT4 Expert Advisor Strategy Tester Optimization Results

MT4 Expert Advisor Strategies Tester Optimization Graph

MT4 Trading EA Strategy Tester Balance and Equity Graph

MT4 Trading EA Strategy Tester Profit and Loss Graph

Above is just a brief introduction to MT4 strategies tester - automated trading with EA Trading Bots is a wide topic that a trader will take some time & research to learn about but main environment to test & optimize the commodity EA automated robot will be the Meta Trader 4 Trading Expert Advisor Strategies Tester.

NB: You can only implement an Automated Expert Advisor using data that has been downloaded and saved on your MT4 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 Expert Advisor would trade.