MT4 Stock EA Strategy Tester Panel
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 Program and ascertain profitability of this Expert Advisor 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 Expert Advisor and then right click in it and specify the option 'Attach to Chart', once the Expert Advisor is attached to the MT4 stock chart it will add Expert Advisor as illustrated and shown below, Then Right Click on Expert Advisor, select properties settings and then select the option by Checking/Ticking 'Allow Live Trading' & then continue with the Stock Simulator MetaTrader 4 Stocks Trading Platform Free - MetaTrader 4 Stock EA Strategy Tester shown below.
The Stock Simulator MetaTrader 4 Stock Trading Platform Free - MetaTrader 4 Stock Expert Advisor Strategy-Tester option can be activated from 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 Stock Simulator MetaTrader 4 Stock Trading Platform Free - MetaTrader 4 Stock Trading Expert-Advisor 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 EA.
Expert-Advisor: Parameter for choosing which stocks trading Expert Advisor 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 trading Expert Advisor opens and 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 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 Expert Advisor testing is complete.
To view the click the options highlighted above (Optimization Result, Optimization Graph, Journal)
Before running this Stock Simulator MetaTrader 4 Stocks Trading Platform Free - MetaTrader 4 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 the 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 trading strategy within the Stock Simulator MetaTrader 4 Stocks Trading Platform Free - MetaTrader 4 Stock EA Strategy Tester.
Once you Run your Expert Advisor the Results will be displayed on the following window
MetaTrader 4 Stocks Trading Expert-Advisor Strategies Tester Optimization Results
MT4 Stock Expert-Advisor Strategy-Tester Optimization Graph
MetaTrader 4 Stocks Expert-Advisor Strategy Tester Balance & Equity Graph
MT4 Stock Expert-Advisor Strategy Tester Profit and Loss Graph - Stocks Simulator MetaTrader 4 Stocks Trading Software Free - MT4 Stock Expert Advisor Strategy Tester Tutorial
The above is just a brief introduction to the Stock Simulator MetaTrader 4 Stocks Trading Platform Free - MetaTrader 4 Stock Expert-Advisor Strategy Tester - automated trading with Expert Advisor 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 the Stock Simulator MetaTrader 4 Stocks Trading Platform Free - 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 Expert Advisor would trade.
