How to Use MetaTrader 4 Stock EA Strategy Tester Lesson PDF

The MT4 Stock Trading Strategy Tester in the MT4 platform is the environment used to back-test the profitability of an MetaTrader 4 Stock Expert-Advisor which is an Automated Trading Program and determine the profitability of this EA automated stock trading strategy and then Optimize this EA to a point where it is giving good profits from its stock automated trading activities.

NB: Before starting the MetaTrader 4 Stock Strategy Tester illustrated and shown below, you must first attach a stocks EA on a MetaTrader 4 stocks chart, by going to the Navigator Window Panel, choosing the stocks trading EA and then right click on it and specify the option 'Attach to Chart', once the EA is attached to the MT4 stock chart it will appear as shown below, Then Right Click on the Expert Advisor, select properties settings and then select the option by Checking/Ticking 'Allow Live Trading' & then continue with the MT4 strategy tester shown below.

The MT4 strategy-tester option can be activated from the view menu & it is the second last menu item on the View Menu, A short cut is to Press Ctrl+R button keys on your keyboard.

The MT4 strategy Tester has the following Parameters for setting up before testing an EA automated stocks system and also for optimizing the profitability of this stock trading EA.

Expert-Advisor: Parameter for choosing which stocks trading EA you want to test among those installed on your MetaTrader 4 stocks trading platform.

Symbol: The stock chart for which you want to test the stocks EA on

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

Use Date: Set the date to start the testing and date to end the testing of the stock Expert Advisor

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

Period: Stock Chart Time Frame for which to use example 1 H Stock Chart

Optimization: Allow Optimization Settings for your Expert Advisor Automated Stock Trading Bot

For example to test the above stocks EA on the stocks chart for profitability, the settings can be set-up as displayed and shown above and MetaTrader strategy tester is then run, by clicking the 'Start Button Key'.

Following trade results are generated & an automated stock trader can select to optimize the stocks trading EA further by changing the Expert Advisors stock trading settings.

Once the optimization of the stocks trading Expert Advisor is concluded the status bar will illustrate progress, above status bar displays progress that the stocks trading EA testing is complete.

To view the click the options highlighted above (Optimization Result, Optimization Graph, Journal)

Before running this MT4 Stock EA Strategy Tester for Stock Trading Expert Advisor testing you must navigate to the navigator panel, double-click on this stocks EA to attach it to stocks chart and set the parameters as illustrated and shown below by checking the options provided below:

After setting the above settings then you can test your automated stock strategy within MetaTrader 4 strategy-tester.

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

MT4 Stock Trading Expert-Advisor Strategies Tester Optimization Results

MetaTrader 4 Stocks Expert-Advisor Strategy-Tester Optimization Graph

MT4 Stock Expert Advisor Strategy Tester Balance and Equity Graph

MT4 Stock Expert Advisor Strategy Tester Tutorial

The above is just a brief introduction to the MetaTrader 4 strategy-tester - automated trading with EA Stock Robots is a wide topic that a trader will take some time & research to learn about but the main environment to test & optimize the stocks EA automated stocks trading robot will be MetaTrader 4 Stock EA Strategy-Tester.

Note: You can only implement an Automated Stock Expert-Advisor using data which has been downloaded and saved on your MT4 stocks 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 stocks EA would trade.