MT5 Strategy Tester Window
The MT5 Energies Trading Strategy Tester in the MT5 platform is the environment used to back test the profitability of an MT5 Automated Energies Trading Expert Advisor which is an Automated Trading Program and determine the profitability of this EA automated energies strategy & then Optimize this EA to a point where it is giving good profits from its energies automated trading activities.
NB: Before starting the MT5 Energies Trading Strategy Tester shown and illustrated below, you must first attach a energies Automated Energies Trading Expert Advisor on a MT5 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 MT5 energies chart it will appear as shown below, Then Right Click on the Automated Energies Trading Expert Advisor, select properties and then select the option by Checking/Ticking "Allow Live Trading" and then continue with the MT5 strategy tester shown and illustrated below.
The MT5 strategy tester option can be activated from view menu and it is second last menu item on View Menu, A short Cut is to Press Ctrl+R MetaTrader 5 button keys on your keyboard.
The MT5 strategy Tester has the following Parameters for setting up before testing an Automated Energies Trading EA automated energies system and also for optimizing the profitability of this energies EA.
Automated Energies Trading Expert Advisor: Parameter for selecting which energies EA you want to test among those installed on your MT5 platform.
Symbol: The energies instrument for which you want to test the energies Automated Energies Expert-Advisor 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 Automated Energies Expert Advisor
Visual Mode: Select To view the illustration of where this energies Expert Advisor opens and closes energies trade as the testing goes on, there's also a slide bar to increase or decrease 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 Automated Energies Trading EA Automated Energies Bot
For example to test the above energies Automated Energies Trading Expert Advisor on the energies trading for profitability, settings can be setup as displayed & shown above & the MetaTrader strategy tester is then run, by pressing & clicking on "Start Button".
Following trade results are generated and an automated energies trader can choose to optimize the energies EA further by changing the Automated Energies Expert-Advisors energies settings.
Once the optimization of the energies Automated Energies Expert-Advisor is complete the status bar will explain progress, the above status bar shows the progress that the energies EA testing is complete.
To view click on the options high lighted above (Optimization Results, Optimization Graph, Journal)
Before running this MT5 Strategy Tester for Automated Energies 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 shown & illustrated below by checking options provided below:
After setting the above settings then you can test your automated energies strategy within the MT5 strategy tester.
Once you Run your Automated Energies Expert-Advisor the Results will be shown on following windows
MT5 Strategies Tester Optimization Results
MT5 Strategy-Tester Optimization Graph
MT5 Strategy-Tester Balance and Equity Graph
MT5 Strategy Tester Profit and Loss Graph
Above is just a brief introduction to the MT5 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 Automated Energies Trading EA automated energies robot will be the MT5 Strategy Tester.
Note: You can only implement an Automated Energies Expert-Advisor using data which 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 energies Expert-Advisor would trade.