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