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How To Use MT4 Stock EA Strategy Tester Tutorial PDF

The MT4 Stock Trading Strategy Tester in the MT4 platform is the environment used to back test the profitability of an MetaTrader 4 Stock Expert Advisor which is an Automated Trading Program and determine the profitability of this EA automated stock trading strategy and then Optimize this EA to a point where it is giving good profits from its stock automated trading activities.


NB: Before starting the MT4 Stock Trading Strategy Tester shown below, you must first attach a stocks trading Expert Advisor on a MT4 stocks trading chart, by going to the Navigator Window, selecting the stocks trading EA and then right click on it and specify the option “Attach to Chart”, once the EA is attached to the MT4 stock chart it will appear as shown below, Then Right Click on the Expert Advisor, select properties and then select the option by Checking/Ticking “Allow Live Trading” and then continue with the MT4 strategy tester shown below.

How To Use MT4 Stock EA Strategy Tester Tutorial PDF


The MT4 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 buttons on your keyboard.


The MT4 strategy Tester has the following Parameters for setting up before testing an Expert advisor automated stocks trading system and also for optimizing the profitability of this stock trading EA.

MT4 Stock EA Strategy Tester Parameters Setting up Testing Expert advisor


Expert Advisor: Parameter for selecting which stocks trading EA you want to test among those installed on your MetaTrader 4 stocks trading platform.


Symbol: The stock chart for which you want to test the stocks trading Expert Advisor on


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


Use Date: Set the date to start the testing and the date to end the testing of the stock trading Expert Advisor


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


Period: Stock Trading Chart Time frame for which to use example 1 Hour Stock Trading Chart


Optimization: Allow Optimization Setting for your Expert Advisor Automated Stock Trading Robot


For example to test the above stocks trading Expert Advisor on the stock chart for profitability, the settings can be set up as shown above and the MetaTrader strategy tester is then run, by pressing the “Start Button”.


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

Placing Expert Advisor on MT4 Stocks Chart Strategy Tester



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


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


Before running this MT4 Stock EA Strategy Tester for Stock Expert Advisor testing you must go to the navigator window, double click on this stocks trading EA to attach it to the stock chart and set the parameters as shown below by ticking the options provided below:

Setting up MACD Sample Expert Advisor on MT4


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


Once you Run your Expert Advisor the Results will be shown on the following windows


MT4 Stock EA Strategy Tester Optimization Results

MT4 Stock Trading Platform Strategy Tester Optimization Results


MT4 Stock EA Strategy Tester Optimization Graph

MT4 Stock EA Strategy Tester Optimization Graph For MT4 Stock Trading Expert Advisors


MT4 Stock EA Strategy Tester Balance and Equity Graph

MT4 Stock EA Strategy Tester Balance and Equity Graph on MT4 Stock Trading Software


MT4 Stock EA Strategy Tester Profit and Loss Graph

MT4 Stock EA Strategy Tester Profit and Loss Graph For Expert Advisors on MT4


The above is just a brief introduction to the MT4 strategy tester - automated trading with EA Stock Trading Robots is a wide topic that a stock trader will take some time and research to learn about but the main environment to test and optimize the stocks trading Expert Advisor automated stocks trading robot will be the MT4 Stock EA Strategy Tester.



NB: You can only implement an Automated Stock Expert Advisor using data that has been downloaded and saved on your MT4 stocks trading platform, therefore for the date settings select the dates that you have been trading with your MT4 to get a graph representation of how your automated stocks trading EA would trade.


 

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