Grid Trading Software

The MT5 Gold Strategy Tester in the MT5 platform is the environment used to back test the profitability of an MT5 Automated Expert Advisor which is an Automated Bot & determine profitability of this Grid Expert-Advisor automated gold strategy & then Optimize this Grid EA to a point where it is giving good profits from its automated trading activities.

Note: Before beginning the MT5 Gold Strategy Tester shown below, you must first attach a Automated EA on a MT5 chart, by going to the Navigator Window, selecting the Grid Expert Advisor & then right-click on it and specify the option 'Attach to Chart', once the Grid EA is attached to the MT5 chart it will then appear as it is depicted below, Then Right-Click on the Automated Gold Automated Expert-Advisor, select properties setting & then select the option by Checking/Ticking 'Allow Live Trading' & then continue with the MT5 strategy tester shown below.

The MT5 strategies 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 MetaTrader 5 buttons on your key-board.

The Meta Trader 5 strategy Tester has the following Parameters for setting up before testing an Automated EA automated system and also for optimizing the profitability of this Grid EA.

Automated EA: Parameter for choosing which gold Grid trading Expert Advisor you want to test among those installed on your MT5 platform.

Symbol: The instrument for which you as a trader want to test the Automated Gold Expert-Advisor on

Model: Whether to execute based on tick method, open prices or control points

Use Date: Set the date to begin the testing & date to end the testing of the Automated Gold Expert-Advisor

Visual Mode: Select To view the illustration of where this Grid Expert-Advisor opens & closes trade as testing goes on, there's also a slide bar to increase or decrease speed for this visual mode.

Period: Chart Timeframe for which to use example 1 Hour Chart

Optimization: Allow Optimization Settings for your Automated EA Automated Robot

For example to test the above Automated Gold Expert-Advisor on the gold 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'.

Following trade results are generated and an automated trader can choose to optimize the Grid EA further by changing the Automated Expert Advisors settings.

Once the optimization of the Automated Gold Expert-Advisor is complete the status bar will show progress, the above status bar highlights the progress that the Grid trading Automated Expert-Advisor testing is complete.

To view the results click the options high-lighted above (Optimization Result, Optimization Graph, Journal)

Before running this Grid Strategy - Intraday Grid Strategy for Automated Gold Expert-Advisor testing you must go to navigator panel, doubleclick on this Grid trading Automated Expert-Advisor to attach it to the chart and set the parameters as shown below by checking options provided below:

After setting the above settings then you can test your automated strategy within MT5 simulator.

Once you Run your Automated Gold Expert-Advisor the Results will be shown on the following windows

Intraday Grid Strategy Optimization Results

Intraday Grid Strategy Optimization Graph

Intraday Grid Strategy Balance and Equity Graph

Intraday Grid Strategy Profit and Loss Graph - Grid Bot - Grid EA - Grid Trading Excel

The above is just a brief introduction to MetaTrader 5 strategy tester - automated trading with Grid EA Robots is a wide topic that a trader will take some time & research to learn about but the main environment to test and optimize the Automated EA automated bot will be the Grid Strategy - Intraday Grid Trading Strategy.

Note: You can only implement an Automated Expert Advisor using data which has been downloaded and saved on your MT5 platform, therefore for the date settings select the dates that you have been trading with your MT5 to get a graph representation of how your automated gold Grid Expert-Advisor would trade.