How to Back-Test Expert Advisor Bots on MetaTrader 4
How to Back Test an Automated EA on MetaTrader 4
To back test a Automated Expert-Advisor on MetaTrader 4 you will need to first setup the Automated Expert-Advisor on your MT4 platform.
Once you have downloaded and installed the Automated Expert-Advisor on your Meta Trader 4 platform follow the step by step guide below to back test your automated EA on the MT4.
- Open the MT4 Forex Simulator Strategy Tester Window
- Select the Automated Expert you want to test
- Select the instrument you as a trader want to test out the Expert Advisor on
- Select the Time Frame that you want to use
- Select the begin date & end date for the Expert Advisor Back Testing
- Specify Your Starting Amount you want to test your Automated Expert-Advisor with
- Select the Leverage that you as a trader want to test your Expert-Advisor with
- Specify Visual Mode on or off - Visual Mode On will display when the Automated Expert-Advisor opens trades and closes trades on the chart as the Expert Advisor is Being Back Tested on the MT4 Forex Simulator Strategy Tester Environment
How to Back-Test a Automated Expert-Advisor on MT4