MT4 EA Strategy Tester Window Panel

The MT4 Bitcoin Simulator Simulator in the MT4 software is the environment used to backtest the profitability of an MT4 EA which is an Automated Trading Program and determine the profitability of this EA automated bitcoin strategy and then Optimize this Expert Advisor to a point where it is giving good profits from its bitcoin automated trading activities.

NB: Before starting MT4 Bitcoin Strategy Tester illustrated & shown below, you must first attach a EA on a MT4 chart, by going to the Navigator Window, choosing the EA and then right-click on it and specify the option 'Attach to Chart', once the Expert Advisor is attached to the MT4 cryptocurrency chart it will add EA just as shown below, Then Right-Click on the Automated EA, select properties settings and then select and choose the option by Checking/Ticking 'Allow Live Trade' & then continue with the Bitcoin Simulator MT4 Download - MT4 Expert Advisor(EA) Strategy Tester shown below - MT4 Bitcoin Simulator.

The BTCUSD CryptoCurrency Simulator MT4 Download - MT4 Expert Advisor(EA) Strategy Tester option can be activated from the view menu and it is the second last menu item on View Menu, A shortcut is to Press Ctrl+R buttons on your keyboard.

The Bitcoin Crypto Currency Simulator MT4 Download - MT4 Expert Advisor(EA) Strategy Tester has the following Parameters for setting up before testing an Expert advisor automated system & also for optimizing the profitability of the bitcoin Automated EA.

EA: Parameter for choosing which EA you want to test out among the ones which are installed on your MT4 software.

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

Model: Whether to execute based on the tick method, open bitcoin crypto prices or control points

Use Date: Set the date to begin the testing & date to end and complete testing of the bitcoin EA

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

Period: Bitcoin Chart Time-frame for which to use examples 1H BTC/USD Crypto Chart

Optimization: Allow Optimization Setting for your Expert Advisor(EA) Automated BTC/USD CryptoCurrency Robot

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

The following trade results are generated and an automated bitcoin trader can choose to optimize the EA further by changing the EAs bitcoin settings.

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

To view click the options/choices high-lighted above (Optimization Results, Optimization Graph, Journal)

Before running this Bitcoin Simulator MT4 Download - MT4 Expert Advisor(EA) Simulator for Crypto EA testing you must go to the navigator panel, double click on this Automated EA to attach it to the chart & set the parameters just as illustrated & shown below by ticking the options provided below:

After setting the above settings then you can test your automated bitcoin strategy within the Bitcoin Simulator MT4 Download - MT4 Expert Advisor(EA) Strategy Tester.

Once you Run your Expert Advisor(EA) the Results will be displayed on the following window

MT4 Crypto Currency EA Strategy Tester Optimization Results

MT4 Expert Advisor(EA) Strategy Tester Optimization Graph

MT4 Crypto Currency EA Strategy Simulator Balance & Equity Graph

MT4 Expert Advisor(EA) Strategy Tester Profit and Loss Graph - Bitcoin Simulator MT4 Download - MT4 Expert Advisor(EA) Strategy Tester Lesson Tutorial

Above is just a brief introduction to the Bitcoin Simulator MT4 Download - MT4 Expert Advisor(EA) Strategy Tester - automated trading with EA Bitcoin Bots is a wide topic that a trader will take some time and research to learn about but the main environment to test and optimize the EA automated bot will be the MT4 Expert Advisor(EA) Strategy Simulator.

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

Study More Guides & Tutorials:

Trade Bitcoin Trading

MT4 EA Strategy Tester Window Panel

MT4 Crypto Currency EA Strategy Tester Optimization Results

MT4 Expert Advisor(EA) Strategy Tester Optimization Graph

MT4 Crypto Currency EA Strategy Simulator Balance & Equity Graph

MT4 Expert Advisor(EA) Strategy Tester Profit and Loss Graph - Bitcoin Simulator MT4 Download - MT4 Expert Advisor(EA) Strategy Tester Lesson Tutorial