MT5 Strategy Tester Window - How to Use MT5 Strategy Tester Tutorial

The MT5 Forex Strategy Tester in the MT5 platform is the environment used to back test the profitability of an MT5 Automated Forex EA which is an Automated Bot and determine the profitability of this EA automated strategy and then Optimize this EA to a point where it's giving good profits from its forex automated trading activities.

NB: Before starting the MT5 Forex Strategy Tester shown below, you must first attach a forex trading Automated Forex EA on a MT5 chart, by going to the Navigator Window, selecting the forex Expert Advisor and then right click on it and specify the option 'Attach to Chart', once the Expert Advisor is attached to the MT5 chart it will appear as it is illustrated below, Then Right Click on the Automated Forex Expert Advisor, select properties and then select the option by Checking/Ticking 'Allow Live Trading' and then continue with the MT5 strategy tester shown below.

The MT5 strategies 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 MetaTrader 5 buttons on your key-board.

The MT5 strategy Tester has the following Parameters for setting up before testing an Automated Forex EA automated trading system and also for optimizing the profitability of this forex EA.

Automated Forex Expert Advisor: Parameter for selecting which forex Expert Advisor you want to test among those installed on your MT5 platform.

Symbol: The currency pair for which you want to test the forex trading Automated Forex EA on

Model: Whether to execute based on tick technique, open prices or control points

Use Date: Set the date to start the testing & the date to end the testing of the forex trading Automated Expert-Advisor

Visual Mode: Choose To view the illustration of where this forex EA opens and closes forex trade as the testing goes on, there's also a slide bar to increase or decrease the speed for this visual mode.

Period: Forex Chart Time Frame for which to use examples 1 Hour Chart

Optimization: Allow Optimization Settings for your Automated Forex Expert Advisor Automated Robot

For example to test the above forex trading Automated Forex EA on the EUR USD forex for profitability, the settings can be setup as displayed and shown above and the MetaTrader platform strategy tester is then run, by clicking the 'Start Button'.

Following trade results are generated and an automated forex trader can select to optimize the forex Expert Advisor further by changing the Automated Forex EAs forex trading settings.

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

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

Before running this MT5 Strategy Tester for Automated Forex EA testing you must go to the navigator window, double click on this forex Expert Advisor to attach it to the FX chart and set the parameters as displayed and shown and illustrated below by checking the options provided below:

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

Once you Run your Automated Forex EA the Results will be displayed on the following windows

MT5 Strategies Tester Optimization Results

MT5 Strategy-Tester Optimization Graph

MT5 Strategy Tester Balance and Equity Graph

MetaTrader 5 Strategy Tester Profit and Loss Graph - MT5 Strategy Tester

Above is just a brief introduction to MetaTrader 5 strategy tester - automated trading with EA Forex Robots is a wide topic that a trader will take some time & research to learn about but the main environment to test and optimize the forex trading Automated Forex EA automated trading bot will be the MT5 Strategy Tester.

Note: You can only implement an Automated Forex EA using data which has been downloaded and saved on your MT5 platform, therefore for the date settings choose the dates that you have been trading with your MT5 to get a graph representation of how your automated forex EA would trade.