How to Use MT5 Strategy Tester Tutorial PDF
The MetaTrader 5 Oil Trading Strategy Tester in the MetaTrader 5 platform is the environment used to backtest the profitability of an MT5 Automated Crude Oil Expert-Advisor which is an Automated Robot & determine the profitability of this EA automated oil strategy & then Optimize this EA to a point where it's giving good profits from its oil automated trading activities.
Note: Before beginning the MetaTrader 5 Oil Trading Strategy Tester shown and illustrated below, you must first attach a oil Automated Crude Trading EA on a MetaTrader 5 oil chart, by going to the Navigator Window Panel, choosing the oil EA and then right click on it and specify the option 'Attach to Chart', once the EA is attached to the MetaTrader 5 oil chart it will appear as it is shown below, Then Right-Click on the Automated Crude Trading Expert Advisor, select properties and then select option by Checking/Ticking 'Allow Live Trading' & then continue with the MetaTrader 5 strategy tester shown below.
The MetaTrader 5 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 MetaTrader 5 buttons on your keyboard.
The MT5 strategy Tester has the following Parameters for setting up before testing an Automated Crude Trading EA automated oil system & also for optimizing the profitability of this oil EA.
Automated Crude Trading Expert Advisor: Parameter for selecting which oil EA you want to test among those installed on your MT5 platform.
Symbol: The oil instrument for which you as a trader want to test the oil Automated Crude Oil EA on
Model: Whether to execute based on tick technique, open crude oil prices or control points
Use Date: Set the date to begin the testing & date to end the testing of the oil Automated Crude Trading EA
Visual Mode: Choose To view the illustration of where this oil EA opens and closes oil trade as testing goes on, there is also a slide bar to increase or decrease speed for this visual mode.
Period: Crude Trading Chart Timeframe for which to use example 1 Hour Oil Trading Chart
Optimization: Allow Optimization Setting for your Automated Crude Oil EA Automated Oil Bot
For example to test the above oil Automated Crude Oil EA on the oil trading for profitability, the settings can be setup as displayed & shown above and MetaTrader platform strategy-tester is then run, by clicking "Begin Button Key".
Following trade results are generated & an automated oil trader can choose to optimize the oil EA further by changing the Automated Crude Trading Expert-Advisors oil settings.
Once the optimization of the oil Automated Crude Trading Expert-Advisor is accomplished the status bar will show progress, above status bar displays progress that the oil EA testing is complete.
To view result click on options high lighted above (Optimization Results, Optimization Graph, Journal)
Before running this MetaTrader 5 Strategy Tester for Automated Crude Oil Expert-Advisor testing you must go to navigator window panel, doubleclick on this oil EA to attach it to the crude oil chart & set the parameters as displayed and shown and illustrated below by ticking the options provided below:
After setting the above settings then you can test your automated oil strategy within the MetaTrader 5 strategy tester.
Once you Run your Automated Crude Oil Expert-Advisor the Results will be illustrated on following window panels
MetaTrader 5 Strategies Tester Optimization Results
MetaTrader 5 Strategies Tester Optimization Graph
MetaTrader 5 Strategy-Tester Balance and Equity Graph
MetaTrader 5 Strategy Tester Tutorial
The above is just a brief introduction to the MT5 strategy-tester - automated trading with EA Oil Bots is a wide topic that a trader will take some time and research to learn about but the main environment to test & optimize the oil Automated Crude Trading EA automated oil robot will be the MetaTrader 5 Strategy Tester.
Note: You can only implement an Automated Crude Oil Expert-Advisor using data which has been downloaded & saved on your MT5 platform, therefore for the date settings select the dates that you have been trading with your MetaTrader 5 to get a graph representation of how your automated oil Expert-Advisor would trade.
