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MetaTrader 4 Indices Trading Strategy Tester Window

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


NB: Before starting the MetaTrader 4 Indices Trading Strategy Tester shown below, you must first attach a stock indexes trading Expert Advisor on a MetaTrader 4 stock indexes trading chart, by going to the Navigator Window, selecting the stock indexes trading Expert Advisor and then right click on it and specify the option “Attach to Chart”, once the Expert Advisor is attached to the MetaTrader 4 stock indices chart it will appear as shown below, Then Right Click on the Expert Advisor, select properties and then select the option by Checking/Ticking “Allow Live Trading” and then continue with the MetaTrader 4 strategy tester shown below.

MetaTrader 4 Indices Trading Strategy Tester Window


The MetaTrader 4 strategy tester option can be activated from the view menu and it is the second last menu item on the View Menu, A short Cut is to Press Ctrl+R buttons on your keyboard.


The MetaTrader 4 strategy Tester has the following Parameters for setting up before testing an Expert advisor automated stock indexes trading system and also for optimizing the profitability of this indices trading EA.

MetaTrader 4 Indices Trading Strategy Tester Expert Advisor


Expert Advisor: Parameter for selecting which stock indexes trading Expert Advisor you want to test among those installed on your MetaTrader 4 stock indexes trading platform.


Symbol: The indices chart for which you want to test the stock indexes trading Expert Advisor 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 indices trading Expert Advisor


Visual Mode: Select To view the illustration of where this stock indexes trading Expert Advisor opens and closes indices trade as the testing goes on, there is also a slide bar to increase or decrease the speed for this visual mode.


Period: Indices Trading Chart Time frame for which to use example 1 Hour Indices Trading Chart


Optimization: Allow Optimization Setting for your Expert Advisor Automated Indices Trading Robot


For example to test the above stock indexes trading Expert Advisor on the stock indices chart for profitability, the settings can be set up as shown above and the MetaTrader strategy tester is then run, by pressing the “Start Button”.


The following trade results are generated and an automated indices trader can choose to optimize the stock indexes trading Expert Advisor further by changing the Expert Advisors indices trading settings.

MetaTrader 4 Indices Trading Strategy Tester Expert Advisor


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Once the optimization of the stock indexes trading Expert Advisor is complete the status bar will show progress, the above status bar shows the progress that the stock indexes trading Expert Advisor testing is complete.


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


Before running this MetaTrader 4 Indices Trading Strategy Tester for Indices Expert Advisor testing you must go to the navigator window, double click on this stock indexes trading Expert Advisor to attach it to the stock indices chart and set the parameters as shown below by ticking the options provided below:

MetaTrader 4 Indices Trading Strategy Tester Download Expert Advisors


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


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


MetaTrader 4 Indices Trading Strategy Tester Optimization Results

MetaTrader 4 Indices Trading Platform Strategy Tester Optimization Results


MetaTrader 4 Indices Trading Strategy Tester Optimization Graph

MetaTrader 4 Indices Trading Strategy Tester Optimization Graph For MetaTrader 4 Indices Trading Expert Advisors


MetaTrader 4 Indices Trading Strategy Tester Balance and Equity Graph

MetaTrader 4 Indices Trading Strategy Tester Balance and Equity Graph on MetaTrader 4 Indices Trading Software


MetaTrader 4 Indices Trading Strategy Tester Profit and Loss Graph

MetaTrader 4 Indices Trading Strategy Tester Profit and Loss Graph For Expert Advisors on MetaTrader 4


The above is just a brief introduction to the MetaTrader 4 strategy tester - automated trading with Expert Advisor Indices Trading Robots is a wide topic that a indices trader will take some time and research to learn about but the main environment to test and optimize the stock indexes trading Expert Advisor automated stock indexes trading robot will be the MetaTrader 4 Indices Trading Strategy Tester.



NB: You can only implement an Automated Indices Expert Advisor using data that has been downloaded and saved on your MetaTrader 4 stock indexes trading platform, 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 indexes trading Expert Advisor would trade.

 

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