Intraday Grid Bitcoin Strategy Window
The MT4 Bitcoin Strategies Tester in the MT4 platform is the environment used to backtest the profitability of an MetaTrader 4 Automated Crypto EA which is an Automated Program & ascertain the profitability of this Grid EA automated bitcoin strategy & then Optimize this Grid Bot to a point where it's giving good profits from its bitcoin automated trade activities.
NB: Before starting MT4 Bitcoin Strategy Tester illustrated below, you must first attach a cryptocurrency trading Automated Crypto EA on a MT4 bitcoin chart, by going to Navigator Window Panel, choosing the bitcoin Grid Robot & then right click in the it & select the option "Attach to Chart", once the Grid Bot is attached to the MT4 bitcoin chart it will then appear as it's depicted below, Then Right-Click the Automated Bitcoin Expert Advisor, choose properties settings and then choose and select the choice/option by Checking/Ticking "Allow Live Trading" and then continue with the MT4 strategy tester shown below.
The MetaTrader 4 strategy tester option can be activated from the view menu and it's the second last item on the View Menu, A ==22==short-cutshort--cutshortcut is to Press Ctrl+R MT4 button keys on your key board.
The MT4 strategy Tester has the following Parameters for setting up before testing an Automated Crypto Expert Advisor(EA) automated system and also for optimizing the profitability of this bitcoin Grid trading Bot.
Automated Bitcoin Expert Advisor: Parameter for selecting which bitcoin Grid trading Robot you as a trader want to test out among those installed on your MetaTrader 4 software.
Symbol: The crypto instrument for which you as a trader want to test the trading Automated ==22==CryptoCryptoCurrency EA(Expert Advisor) on
Model: Whether to execute based on the tick method, open bitcoin prices or control points
Use Date: Set the date to start the testing and date to end and complete the testing of the trading Automated Bitcoin EA
Visual Mode: Choose To view simulation of where this bitcoin Grid trading Robot opens and closes bitcoin trade as testing out is carried out, there is also a slide bar provided to increase or decrease the speed for this visual mode.
Period: Crypto Time-frame for which to use example 1 Hour BTCUSD Crypto Chart
Optimization: Allow Optimization Setting for your Automated ==22==CryptoCryptoCurrency Expert Advisor(EA) Automated BTCUSD Robot
For example illustration, to test the above cryptocurrency trading Automated Crypto EA on the bitcoin for profitability, the settings can be setup as highlighted and shown above & the MetaTrader platform strategy tester is then run, by pressing "Start Button".
Following trade results are generated and an automated bitcoin trader can select to optimize the bitcoin Grid trading Robot further by changing the Automated Crypto EAs bitcoin trading settings.
Once optimization of trading Automated Crypto EA is complete the progress bar will show progress, the above status bar displays the progress that the bitcoin Grid Bot testing is complete.
To view result click options high-lighted above (Optimization Result, Optimization Graph, Journal)
Prior to running this Grid Bitcoin Strategy Method - Intraday Grid Bitcoin Strategy for Automated Crypto EA testing you must go to the navigator panel window, double click on this bitcoin Grid trading Robot to attach it to the chart ==22==and set the parameters just as is illustrated & shown below by ticking the options provided below:
After setting up the above parameters then you can test out your automated bitcoin strategy within MT4 simulator.
Once you as a trader Run your Automated Crypto Expert Advisor(EA) the Results will be illustrated & displayed on the following windows
Intraday Grid BTCUSD Method Optimization Results
Intraday Grid BTCUSD Method Optimization Graph
Intraday Grid BTCUSD Strategy Balance & Equity Graph
Intraday Grid Bitcoin Strategy Profit and Loss Graph - Grid Bot - Grid Bot - Grid MT4
Above is just a brief introduction to MT4 strategies tester - automated trading with Grid Bot Bitcoin Bots is a wide topic that one will take some time & research to learn about but the main environment to test & optimize the trading Automated Crypto EA automated trading bot will be the Intraday Grid Bitcoin Strategy.
NB: You can only test an Automated Crypto Expert Advisor(EA) using data which has been downloaded & saved in your MetaTrader 4 software, hence for the date settings select the dates which you have been trading with your MT4 to get a graph representation of how your automated bitcoin Grid trading Robot would trade.
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