MT4 XAGUSD EA Strategy Tester Panel

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

NB: Before starting MT4 Trading Strategy Tester shown and illustrated below, you must first attach a EA on a MT4 xagusd chart, by going to the Navigator Window, choosing the trading EA and then right click on it and specify the option 'Attach to Chart', once the EA is attached to the MT4 chart it will appear as exhibited below, Then Right-Click on the Automated EA, select properties & then choose the 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 and it's the second last menu item on the View Menu, A shortcut is to Press Ctrl+R buttons on your key board.

The MetaTrader 4 Strategy Tester contains the following Expert Advisor Parameter Settings for set up prior to testing out an EA automated xagusd system & also for optimizing the profitability of this trading EA.

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

Symbol: The chart for which you want to test the EA on

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

Use Date: Set the date to start the testing & date to end the testing of the Automated EA

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

Period: Chart Time Frame for which to use example 1 H Chart

Optimization: Allow Optimization Settings for your Expert Advisor Automated Robot

For example to test the above EA on the chart for profitability, the settings can be set-up as highligthed and shown above and the MetaTrader platform strategy tester is then run, by clicking the 'Start Button'.

The following trade results are generated and an automated trader can choose to optimize the trading EA further by changing the Expert Advisors silver trading settings.

Once the optimization of the trading Expert Advisor is done the status bar will show progress, the above status bar portrays the progress that the trading EA testing is complete.

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

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

After setting the above settings then you can test your automated silver strategy within the MT4 strategy-tester.

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

MT4 EA Strategy Tester Optimization Results

MT4 Expert Advisor Strategy Tester Optimization Graph

MT4 XAGUSD EA Strategy Tester Balance and Equity Graph

MT4 Expert Advisor Simulator Strategies Tester Tutorial

Above is just a brief introduction to MT4 strategies tester - automated trading with EA Trading Bots is a wide topic that one will take some time and research to learn about but the main environment to test & optimize the EA automated xagusd trading robot will be MT4 Automated EA Simulator Strategies Tester.

NB: You can only implement an Automated Expert Advisor using data that has been downloaded and saved on your MT4 xagusd trading 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 xagusd Automated EA would trade.