Testing of Trading Strategies in MetaTrader 4Your Expert Advisor has been written. It is at this point that a very important stage begins: the expert must bedebugged and optimized for the market to earn profits.Testing on historical data is an essential prerequisite for a profitable automated trading system to be created.
Every trader knows that manual testing of theExpert Advisor is a quite labour-intensive and long process. MT4 enables traders to test Expert Advisors prior to using them in a live market. Now, traders have unlimited possibilities for testing and optimizing the Expert Advisors that trade several symbols. Advanced Testing ReportReport on EA testing results has been significantly expanded. It includes additional statistics, allowing to better evaluate a trading strategy. Now traders can analyze the recovery factor, the Sharpe ratio, position holding time and many other characteristics.
Over 40 characteristics are available in the tester report.The graphical component of the testing report has also expanded considerably. It is based on historical quote data. During the test, a trading robot analyzes available quotes performing virtual transactions in accordance with its algorithm. This allows you to evaluate how the Expert Advisor would have traded in the past and simulate its behavior in real trading.The built-in Optimization function allows you to select the most efficient parameters for obtaining the best trading results.
For example, you can set the trading robot parameters so as to achieve maximum profit, to minimize risk and so on.Visual testing in the real-time mode uses the chart window to demonstrate how an Expert Advisor performs trading on historical data. Upon completion, the tester provides you with a full report containing both graphical and quantitative results. Any expert can be tested on metatrader strategy tester report graffiti data.
Reports allow comparing to each other both variousexperts and the working results of the same expert with different inputs working.This article explains how to read such reports and to interpret the obtained metatrader strategy tester report graffiti. Exemplary Report about Testing ResultsLet us study the following report about testing results as an example. This program is the integral part of the MetaTrader 5 Client Terminal being designed for the purposes of testing and optimization of MQL5 Expert Advisors.With the testing you can assess the qualities of your Expert Advisor on history data before launching it in real trading.
Optimization allows choosing the most profitable parameters for your Expert Advisor making it a real efficient one. The Strategy Tester is an indispensable tool for developers of Expert Advisors. It is almost impossible to develop a profitable an error-free Expert Advisor without the tester.As compared to the tester in MetaTrader 4, the new MetaTrader 5 Strategy Tester is a more powerful and accurate tool.
It has obtained the new function of distributed optimization that will be useful in work with compound Expert Advisors. Besides that, the StrThe built-in MetaTrader 5 Strategy Tester facilitates the testing of automated robot performance in trading. This powerful tool not metatrader strategy tester report graffiti allows testing the efficiency of an Expert Advisor, but also allows detecting the best input parameters before you run the EA on your real account.The entire operation of the Strategy Tester is based on historical quotes of currencies, stocks and other assets.
During testing, the Expert Advisor goes through the accumulated quotes and performs virtual transactions according to its algorithm. This procedure allows an evaluation of how the EA would have traded in the past.The MetaTrader 5 Strategy Tester allows testing Expert Advisors on multiple currencies. Trading robots have access to all the financial instruments in the tester and can perform trading transactions with any of them.
Metatrader strategy tester report graffiti