Intraday Grid Strategy Window
The MetaTrader 4 Simulator Strategies Tester in the MT4 platform is the environment used to backtest the profitability of an MT4 Automated EA which is an Automated Bot and determine the profitability of this How to Implement a Grid Strategy PDF automated strategy and then Optimize this Automated Grid Strategy to a point where it's giving good profits from its automated trade activities.
Note: Before beginning the MetaTrader 4 XAUUSD Simulator Strategies Tester displayed below, you must first attach a Automated EA on a MT4 chart, by going to Navigator Window, choosing the gold trading Automated Grid Strategy & then right click the it & specify the option "Attach to Chart", once the Automated Grid Strategy is attached to the MT4 chart it will appear as it is illustrated below, Then Right Click the Automated EA, select properties settings & then select the option by Checking/Ticking "Allow Live Trading" & then continue with the MT4 strategy tester illustrated below.
The MetaTrader 4 strategies tester option can be activated from the view menu & it's the second last menu item on View Menu, A short-cut is to Press Ctrl+R MetaTrader 4 button keys on your keyboard.
The MT4 Strategies Tester contains the following Parameters for set up before testing an Automated EA automated system & also for optimizing the profitability of this Automated Grid Strategy.
Automated Expert Advisor: Parameter for choosing which Automated Grid Strategy you want to test among those installed on your MT4 software.
Symbol: The chart for which you want to test out the Expert Advisor on
Model: Whether to execute depending on tick method, open xauusd prices or control points
Use Date: Set the date to begin the testing and date to end the testing of the Automated EA
Visual Mode: Select To view the illustration of where this Automated Grid Strategy opens and closes trade as testing goes on, there is also a slide bar to increase or decrease the speed for this visual mode.
Period: Chart Timeframe for which to use examples 1 Hour Chart
Optimization: Allow Optimization Settings for your Expert Advisor Automated Robot
For example, to test out the above Automated ##3EA on the trade for profitability, the settings can be setup as highlighted ++3and shown above ++3& the MetaTrader platform strategy tester is then run, by pressing the "Start Button".
Following trade results are generated & an automated trader can choose to optimize the Automated Grid Strategy further by changing the Automated EAs xauusd settings.
Once optimization of Automated Expert Advisor is complete the progress bar will show progress, the above status bar illustrates the progress that the Automated Grid Strategy testing is complete.
To view result click the options high-lighted above (Optimization Result, Optimization Graph, Journal)
Prior to running this Grid XAUUSD Method - Intraday Grid Strategy for Automated EA testing you must go to the navigator window, double click on this Automated Grid Strategy to attach it to the chart & set the parameters as illustrated & shown below by ticking the options provided below:
After setting up the above parameters then you can test out your automated strategy within the MT4 strategy tester.
Once you as a trader Run your Automated EA the Results will be shown on the following windows
Intraday Grid Trade Strategies Optimization Results
Intraday Grid Gold Method Optimization Graph
Intraday Grid Gold Strategies Balance and Equity Graph
Intraday Grid Strategy Profit and Loss Graph - Automated Grid Strategy - Automated Grid Strategy - Grid MetaTrader 4
The above is just a brief introduction to MT4 strategy-tester - automated trading with Automated Grid Strategy Trading Bots is a wide topic that a trader will take some time & research to learn about but main environment to test & optimize the Automated EA automated bot will be the Grid XAUUSD Method - Intraday Grid Strategy.
NB: You can only test out an Automated EA using data which has been downloaded and saved on your MT4 software, therefore for the date settings select the dates that you have been trading with your MetaTrader 4 to get a graph representation of how your automated Grid Strategy would trade.
