Intraday Grid Gold Strategy Window
The MetaTrader 4 Gold Trading Strategy Tester in the MetaTrader 4 platform is the environment used to back test the profitability of an MetaTrader 4 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 trading strategy and then Optimize this Automated Grid Trading Strategy to a point where it is giving good profits from its gold automated trading activities.
NB: Before starting the MetaTrader 4 Gold Trading Strategy Tester shown below, you must first attach a xauusd trading Automated XAUUSD EA on a MetaTrader 4 xauusd chart, by going to the Navigator Window, selecting the gold Automated Grid Trading Strategy and then right click on it and specify the option "Attach to Chart", once the Automated Grid Trading Strategy is attached to the MetaTrader 4 xauusd chart it will appear as shown below, Then Right Click on the Automated XAUUSD EA, select properties and then select the option by Checking/Ticking "Allow Live Trading" and then continue with the MetaTrader 4 strategy tester shown below.
The MetaTrader 4 strategy 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 4 buttons on your keyboard.
The MetaTrader 4 strategy Tester has the following Parameters for setting up before testing an Automated XAUUSD EA automated xauusd trading system and 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 MetaTrader 4 platform.
Symbol: The gold instrument for which you want to test the xauusd trading Automated XAUUSD EA on
Model: Whether to execute based on tick method, open xauusd prices or control points
Use Date: Set the date to start the testing and the date to end the testing of the xauusd trading Automated XAUUSD EA
Visual Mode: Select To view the illustration of where this xauusd trading Automated Grid Trading Strategy opens and closes gold trade as the testing goes on, there is also a slide bar to increase or decrease the speed for this visual mode.
Period: XAUUSD Chart Time frame for which to use example 1 H Gold Chart
Optimization: Allow Optimization Setting for your Automated XAUUSD EA Automated Gold Trading 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".
The following trade results are generated and an automated gold trader can choose 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 Trading Strategy testing is complete.
To view the result click the options highlighted above (Optimization Results, 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 ticking the options provided below:
After setting the above settings then you can test your automated gold trading strategy within the MetaTrader 4 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 Trading Strategy - Grid Trading MetaTrader 4
The above is just a brief introduction to the MetaTrader 4 strategy tester - automated trading with Automated Grid Trading Strategy Gold Robots is a wide topic that a trader will take some time and research to learn about but the main environment to test and optimize the xauusd trading Automated XAUUSD EA automated xauusd trading robot will be the Grid Gold Strategy - Intraday Grid Gold Strategy.
NB: You can only implement an Automated Gold EA using data that 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 MetaTrader 4 to get a graph representation of how your automated xauusd trading Automated Grid Trading Strategy would trade.
