How to Use Commodity Simulator MetaTrader 4 Free

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

Note: Before beginning MetaTrader 4 Commodity Strategy Tester illustrated & shown below, you must first attach a commodities Expert-Advisor on MT4 commodities chart, by going to the Navigator Window Panel, selecting the commodities trading EA and then right click on it & specify the option 'Attach to Chart', once the EA is attached to the MT4 commodity chart it will add EA as illustrated and shown below, Then Right Click on the EA, select properties setting and then select option by Checking/Ticking 'Allow Live Trading' & then continue with the Commodity Simulator MetaTrader 4 Free - MT4 Commodity Expert-Advisor Strategy Tester shown below.

The Commodity Simulator MetaTrader 4 Free - MT4 Commodity Trading EA Strategy Tester option can be activated from the view menu and it is second last menu item on the View Menu, A short Cut is to Press Ctrl+R button keys on your keyboard.

The Commodity Simulator MetaTrader 4 Free - MT4 Commodity Trading EA Strategy Tester has the following Parameters for setting up before testing an EA automated commodities trading system & also for optimizing the profitability of this commodity EA.

Expert-Advisor: Parameter for selecting which commodities trading EA you want to test among those installed on your MT4 commodity trading software.

Symbol: The commodity chart for which you want to test the commodities Expert-Advisor on

Model: Whether to execute based on tick technique, open commodity prices or control points

Use Date: Set the date to start the testing & the date to end the testing of the commodity Expert-Advisor

Visual Mode: Choose To view the illustration of where this commodities Expert Advisor opens and closes commodity trade as testing goes on, there is also a slide bar to increase or decrease speed for this visual mode.

Period: Commodity Trading Chart Timeframe for which to use example 1 Hour Commodity Trading Chart

Optimization: Allow Optimization Setting for your Expert Advisor Automated Commodity Bot

For example to test the above commodities EA on commodity chart for profitability, the settings can be set-up as displayed and shown above & MetaTrader strategy tester is then run, by pressing & clicking on the 'Start Button Key'.

The following trade results are generated and an automated commodity trader can select to optimize the commodities trading Expert Advisor further by changing the EAs commodity trading settings.

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

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

Before running this Commodity Simulator MetaTrader 4 Free - MT4 Commodity Trading EA Strategy Tester for Commodity Trading EA testing you must go to navigator window, double-click on this commodities Expert Advisor to attach it to the commodities chart & set the parameters as displayed and illustrated and shown below by ticking the options provided below:

After setting the above settings then you can test your automated commodity trading strategy within the Commodity Simulator MetaTrader 4 Free - MT4 Commodity EA Strategy Tester.

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

MT4 Commodities EA Strategy-Tester Optimization Results

MT4 Commodity Expert-Advisor Strategies Tester Optimization Graph

MT4 Commodities Trading EA Strategy-Tester Balance & Equity Graph

MT4 Commodity Expert-Advisor Strategy Tester Profit & Loss Graph - Commodity Simulator MetaTrader 4 Free - MT4 Commodity Expert Advisor Strategy Tester Guide

Above is just a brief introduction to the Commodity Simulator MetaTrader 4 Free - MT4 Commodity Expert-Advisor Strategy Tester - automated trading with EA Commodity Trading Bots is a wide topic that a trader will take some time and research to learn about but the main environment to test & optimize the commodities EA automated commodities robot will be MetaTrader 4 Commodity Expert Advisor Strategy-Tester.

NB: You can only implement an Automated Commodity Expert-Advisor using data that has been downloaded and saved on your MetaTrader 4 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 commodities EA would trade.