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 metatrader testing strategy zero 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.
Whileforward testing on a demo account is essential, backtesting allows youto simulate trading over a long period of time in just minutes. At best, backtesting offers only a closeapproximation of how trades would be executed in real-time. It is based on historical quote data. During atrategy test, a trading robot analyzes available quotes performing metatrader testing strategy zero transactions in accordance with its algorithm.
This allows you to evaluate how the Expert Advisor would have traded in the past metatradeer 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 tesying metatrader testing strategy zero 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 metartader 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. Testing VisualizationIn the Strategy Tester metagrader the trading platform, you can test Expert Advisors and indicators in the visual mode. This mode allows to visualize exactly how the Expert Advisor performs trade operations during backtesting. Each trade of a financial instrument is displayed on its chart. In the visual testing mode, you can test the operation of an sgrategy using historical data.
This feature allows to easily test the operation of demo versions of indicators downloaded from the Market. This can be done in the visual testing mode. The behavior of the indicator is shown on a chart, which is plotted based on a sequences of ticks tesfing in the tester. Various indicators are available in the MetaTrader Market. Before purchasing you can download a demo version of an indicator and test metartader in the strategy tester.
This section describes how to configure and testing indicators. After that, select an indicator from the list. Strategy OptimizationThe Strategy Tester allows you to srrategy and optimize trading strategies ( Expert Advisors) before using them for live trading. During testing, an Expert Advisor with initial parameters is once run on history data. During optimization, a trading strategy is run several times with different sets of parameters which allows selecting the most appropriate combination thereof.The Strategy Tester is a multi-currency tool for testing and optimizing strategies trading multiple financial instruments.