MT5 Strategy Tester Window

The MT5 Indices Trading Strategy Tester in the MT5 platform is the environment used to back test the profitability of an MT5 Automated Indices Expert-Advisor which is an Automated Trading Program and determine the profitability of this EA automated indices strategy & then Optimize this EA to a point where it's giving good profits from its indices automated trading activities.

Note: Before beginning the MT5 Indices Strategy Tester illustrated and shown below, you must first attach a stock indices trading Automated EA on a MT5 stock indices chart, by going to the Navigator Window, selecting the stock indices trading EA and then right click on it and specify the option "Attach to Chart", once the EA is attached to the MT5 stock indices chart it will appear as it is illustrated below, Then Right Click on the Automated Indices Trading Expert Advisor, select property setting & then select option by Checking/Ticking "Allow Live Trading" and then continue with the MT5 strategy tester illustrated & shown below.

The MT5 strategies tester option can be activated from the view menu and it's the second last menu item on View Menu, A short-cut is to Press Ctrl+R MT5 buttons on your key-board.

The MT5 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 indices trading EA.

Automated Indices Trading Expert Advisor: Parameter for selecting which stock indices EA you want to test among those installed on your MT5 software.

Symbol: The indices chart for which you want to test the stock indices Automated 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 & the date to end the testing of the stock indices trading Automated Indices Expert Advisor

Visual Mode: Select To view the illustration of where this stock indices trading EA 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: Indices Chart Time Frame for which to use examples 1 H Indices Chart

Optimization: Allow Optimization Settings for your Automated Indices EA Automated Indices Trading Bot

For example to test the above stock indices trading Automated Expert Advisor on the indices trading for profitability, settings can be setup as displayed & shown above and MetaTrader strategy tester is then run, by pressing & clicking on 'Start Button Key'.

The following trade results are generated and an automated indices trader can select to optimize the stock indices trading EA further by changing the Automated Indices Expert Advisors indices trading settings.

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

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

Before running this MT5 Strategy Tester for Automated Indices Expert Advisor testing you must navigate to navigator panel, double-click on this stock indices Expert Advisor to attach it to the stock index chart and set the parameters as illustrated and shown below by ticking options provided below:

After setting the above settings then you can test your automated indices trading strategy within MetaTrader 5 strategy-tester.

Once you Run your Automated Indices Expert Advisor the Results will be displayed on the following windows

MT5 Strategy-Tester Optimization Results

MT5 Strategies Tester Optimization Graph

MT5 Strategy Tester Balance and Equity Graph

MT5 Strategy Tester Profit and Loss Graph

Above is just a brief introduction to MetaTrader 5 strategy tester - automated trading with EA Indices Trading Bots is a wide topic that a trader will take some time & research to learn about but the main environment to test and optimize the stock indices trading Automated EA automated stock indices robot will be the MetaTrader 5 Strategy Tester.

NB: You can only implement an Automated Indices Expert Advisor using data that has been downloaded and saved on your MT5 platform, therefore for the date settings select the dates that you have been trading with your MT5 to get a graph representation of how your automated stock indices Expert Advisor would trade.