How to Use MT4 Gold EA Strategy Tester Tutorial

The MT4 Gold Trading Strategies Tester in the MT4 platform is the environment used to back-test the profitability of an MT4 Gold Expert Advisor which is an Automated Trading Bot and determine profitability of this EA automated trading strategy & then Optimize this Expert Advisor to a point where it's giving good profits from its automated trading activities.

Note: Before beginning MT4 Gold Trading Strategies Tester cited below, you must first attach a xauusd EA in MetaTrader 4 chart, by going to the Navigator Window, selecting the xauusd trading EA and then right click on it and specify the option 'Attach to Chart', once the EA is attached to the MT4 gold chart it will then appear as cited below, Then RightClick on the Expert Advisor, select properties setting & then select option by Checking/Ticking 'Allow Live Trading' & then continue with the MT4 strategy tester shown below.

The MetaTrader 4 strategies tester option can be activated from the view menu & it's the second last menu item on View Menu, A shortcut is to Press Ctrl+R buttons on your key board.

The MT4 Strategy Tester has the following Expert Advisor Parameter Settings for set up before testing out an Expert Advisor automated xauusd trading system and also for optimizing the profitability of this trading EA.

EA: Parameter for selecting which xauusd trading EA you want to test among those installed on your MT4 software.

Symbol: The chart for which you want to test the xauusd Expert Advisor 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 Expert Advisor

Visual Mode: Select To view the illustration of where this xauusd Expert Advisor opens & closes trade as testing goes on, there is also a slide bar to increase or decrease the speed for this visual mode.

Period: Gold Chart Time-Frame for which to use examples 1 H Gold Chart

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

For example to test the above xauusd trading EA on chart for profitability, the settings can be set up as is shown above & MetaTrader platform strategies tester is then run, by taping 'Start Button'.

Following trade results are generated and an automated trader can select to optimize the xauusd trading EA further by changing the Expert Advisors gold trading settings.

Once the optimization of the xauusd trading Expert Advisor is done the status bar will explain progress, above status bar displays progress that the xauusd trading Expert Advisor testing is complete.

To view the results click the options high-lighted above (Optimization Result, Optimization Graph, Journal)

Before running this MetaTrader 4 Gold EA Simulator Strategies Tester for Expert Advisor testing you must go to navigator panel, doubleclick on this xauusd trading Expert Advisor to attach it to the chart and set the parameters as shown below by checking options provided below:

After setting the above settings then you can test your automated trading strategy within MetaTrader 4 strategy-tester.

Once you Run your EA the Results will be illustrated on following window

MT4 Gold Expert Advisor Strategies Tester Optimization Results

MT4 Expert Advisor Strategies Tester Optimization Graph

MT4 Gold Expert Advisor Strategy Tester Balance & Equity Graph

MT4 Gold EA Simulator Strategies Tester Tutorial

The above is just a brief introduction to MetaTrader 4 strategies tester - automated trading with EA Gold Trading Bots is a wide topic that a trader will take some time & research to learn about but main environment to test and optimize the xauusd EA automated xauusd robot will be the MT4 Gold Expert Advisor Simulator Strategies Tester.

Note: You can only implement an Automated Expert Advisor using data which has been downloaded and saved on your MetaTrader 4 platform, therefore for the date settings choose the dates that you have been trading with your MT4 to get a graph representation of how your automated xauusd Expert Advisor would trade.