Intraday Grid Gold Strategy Window
The MetaTrader 4 Gold Trading Strategy Tester in the MT4 platform is the environment used to back-test the profitability of an MT4 Automated XAUUSD EA which is an Automated Trading Bot and determine the profitability of this How to Implement a Grid Trading Strategy PDF automated gold strategy & then Optimize this Automated Grid Trading Strategy to a point where it is giving good profits from its gold automated trading activities.
Note: Before beginning the MT4 Gold Trading Strategy Tester shown below, you must first attach a xauusd trading Automated XAUUSD EA on a MT4 xauusd chart, by going to the Navigator Window, selecting the gold Automated Grid Strategy and then right-click on it and specify the option 'Attach to Chart', once the Automated Grid Trading Strategy is attached to the MT4 xauusd chart it will appear as it is illustrated below, Then Right Click on the Automated XAUUSD EA, select properties setting & then select option by Checking/Ticking 'Allow Live Trading' & then continue with the MT4 strategy tester shown below.
The MT4 strategies tester option can be activated from the view menu & it is the second last menu item on View Menu, A short cut is to Press Ctrl+R MT4 buttons on your keyboard.
The MT4 strategy Tester has the following Parameters for setting up before testing an Automated XAUUSD EA automated xauusd trading system & also for optimizing the profitability of this xauusd trading Automated Grid Trading Strategy.
Automated Gold EA: Parameter for selecting which xauusd trading Automated Grid Trading Strategy you want to test among those installed on your MT4 software.
Symbol: The gold instrument for which you as a trader want to test the xauusd trading Automated XAUUSD EA on
Model: Whether to execute based on tick technique, open xauusd prices or control points
Use Date: Set the date to begin the testing & date to end the testing of the xauusd trading Automated XAUUSD EA
Visual Mode: Choose To view the illustration of where this xauusd trading Automated Grid Strategy opens & closes gold trade as testing goes on, there is also a slide bar to increase or decrease speed for this visual mode.
Period: XAUUSD Chart Timeframe for which to use example 1 Hour Gold Chart
Optimization: Allow Optimization Settings for your Automated XAUUSD EA Automated Gold Robot
For example to test the above xauusd trading Automated XAUUSD EA on the gold for profitability, the settings can be setup as displayed and shown above and the MetaTrader platform strategy tester is then run, by taping the 'Start Button'.
Following trade results are generated and an automated gold trader can select to optimize the xauusd trading Automated Grid Trading Strategy further by changing the Automated Gold EAs gold trading settings.
Once the optimization of the xauusd trading Automated Gold EA is complete the status bar will show progress, the above status bar shows the progress that the xauusd trading Automated Grid Strategy testing is complete.
To view the click the options high lighted above (Optimization Result, Optimization Graph, Journal)
Before running this Grid Gold Strategy - Intraday Grid Gold Strategy for Automated XAUUSD EA testing you must go to the navigator window, double click on this xauusd trading Automated Grid Trading Strategy to attach it to the xauusd chart and set the parameters as shown below by checking options provided below:
After setting the above settings then you can test your automated gold trading strategy within MT4 strategy-tester.
Once you Run your Automated XAUUSD EA the Results will be shown on the following windows
Intraday Grid Gold Strategy Optimization Results
Intraday Grid XAUUSD Strategy Optimization Graph
Intraday Grid Gold Strategy Balance and Equity Graph
Intraday Grid Gold Strategy Profit and Loss Graph - Automated Grid Strategy - Grid MT4
The above is just a brief introduction to the MT4 strategies tester - automated trading with Automated Grid Trading Strategy Gold 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 xauusd trading Automated XAUUSD EA automated xauusd trading bot will be the Grid Gold Strategy - Intraday Grid Gold Strategy.
Note: You can only implement an Automated Gold EA using data which has been downloaded and saved on your MetaTrader 4 platform, 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 xauusd trading Automated Grid Trading Strategy would trade.
