Grid Stock Indices Strategy
The MetaTrader 4 Indices Trading Strategy Tester in the MetaTrader 4 platform is the environment used to back-test the profitability of an MT4 Automated Stock Indices EA which is an Automated Trading Program and determine the profitability of this How to Implement a Grid Trading Strategy PDF automated indices strategy & then Optimize this Automated Grid Trading Strategy to a point where it is giving good profits from its indices automated trading activities.
Note: Before beginning the MT4 Indices Trading Strategy Tester illustrated & shown below, you must first attach a stock indices trading Automated Stock Indices EA on a MetaTrader 4 stock indices chart, by going to the Navigator Window, choosing the indices Automated Grid Trading Strategy and then right click on it & specify the option 'Attach to Chart', once the Automated Grid Trading Strategy is attached to the MetaTrader 4 stock indices chart it will appear as it is illustrated below, Then Right Click on the Automated Indices EA, select properties settings and then select the option by Checking/Ticking 'Allow Live Trading' and then continue with the MetaTrader 4 strategy tester shown below.
The MT4 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 4 buttons on your key-board.
The MT4 strategy Tester has the following Parameters for setting up before testing an Automated Indices EA automated stock indices system and also for optimizing the profitability of this stock indices trading Automated Grid Trading Strategy.
Automated Indices EA: Parameter for selecting which stock indices trading Automated Grid Trading Strategy you want to test among those installed on your MetaTrader 4 software.
Symbol: The indices instrument for which you as a trader want to test the stock indices trading Automated Stock Indices EA on
Model: Whether to execute based on tick method, open indices prices or control points
Use Date: Set the date to start the testing and the date to end the testing of the stock indices trading Automated Stock Indices EA
Visual Mode: Select To view the illustration of where this stock indices trading Automated Grid Strategy opens & closes indices trade as testing goes on, there is also a slide bar to increase or decrease the speed for this visual mode.
Period: Stock Indices Chart Time Frame for which to use examples 1 Hour Indices Chart
Optimization: Allow Optimization Settings for your Automated Stock Indices EA Automated Indices Trading Robot
For example to test the above stock indices trading Automated Indices EA on the indices for profitability, settings can be setup as displayed and shown above and MetaTrader strategy tester is then run, by pressing and clicking on 'Start Button Key'.
Following trade results are generated & an automated indices trader can select to optimize the stock indices trading Automated Grid Trading Strategy further by changing the Automated Indices EAs indices trading settings.
Once the optimization of the stock indices trading Automated Indices EA is complete the status bar will show progress, the above status bar shows the progress that the stock indices trading Automated Grid Strategy testing is complete.
To view the result click on options high lighted above (Optimization Result, Optimization Graph, Journal)
Before running this Grid Indices Strategy - Intraday Grid Indices Strategy for Automated Indices EA testing you must go to the navigator window, double click on this stock indices trading Automated Grid Trading Strategy to attach it to the stock index chart and set the parameters as displayed and illustrated and shown below by ticking the options provided below:
After setting the above settings then you can test your automated indices strategy within MT4 simulator.
Once you Run your Automated Stock Indices EA the Results will be displayed on the following windows
Grid Indices Strategy
Grid Stock Indices Strategy
Grid Indices Strategy
Grid Indices Strategy - Intraday Grid Indices Strategy Profit and Loss Graph - Automated Grid Trading Strategy - Automated Grid Trading Strategy
Above is just a brief introduction to MT4 strategy-tester - automated trading with Automated Grid Trading Strategy Indices Robots is a wide topic that a trader will take some time & research to learn about but the main environment to test & optimize the stock indices trading Automated Indices EA automated stock indices trading robot will be Intraday Grid Indices Strategy.
Note: You can only implement an Automated Indices EA using data which has been downloaded and saved on your MT4 software, therefore for the date settings select the dates that you have been trading with your MetaTrader 4 to get a graph representation of how your automated stock indices trading Automated Grid Trading Strategy would trade.
