Grid Expert-Advisor
The MT4 Stock Indices Trading Strategy Tester in the MetaTrader 4 platform is the environment used to back-test the profitability of an MetaTrader 4 Automated Stock Index Expert-Advisor which is an Automated Software & determine the profitability of this Grid Indices EA automated stock indices strategy & then Optimize this Grid Trading Bot to a point where it is giving good profits from its stock indices automated trading activities.
Note: Before beginning MT4 Stock Indices Trading Strategy Tester shown & illustrated below, you must first attach a stock indices Automated Stock Index EA on a MetaTrader 4 stock index chart, by going to the Navigator Window, selecting the Grid trading Robot and then right click on it and specify the option "Attach to Chart", once the Grid Bot is attached to the MetaTrader 4 stock indices chart it will appear as it is illustrated below, Then Right Click on the Automated Stock Index Expert Advisor, select properties and then select the option by Checking/Ticking "Allow Live Trading" & then continue with the MetaTrader 4 strategy tester shown below.
The MT4 strategy-tester option can be activated from the view menu & it is the second last menu item on View Menu, A short-cut 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 Stock Index EA automated stock indices system and also for optimizing the profitability of this stock indices Grid Trading Bot.
Automated Stock Index Expert Advisor: Parameter for selecting which stock indices Grid Robot you want to test among those installed on your MetaTrader 4 software.
Symbol: The stock indices chart for which you want to test the stock indices Automated Stock Index Expert Advisor on
Model: Whether to execute based on tick method, open stock index trading prices or control points
Use Date: Set the date to begin the testing and the date to end the testing of the stock indices Automated Stock Index Expert Advisor
Visual Mode: Select To view the illustration of where this stock indices Grid Bot opens and closes stock indices trade as testing goes on, there is also a slide bar to increase or decrease the speed for this visual mode.
Period: Stock Indices Chart Timeframe for which to use examples 1 H Stock Indices Chart
Optimization: Allow Optimization Settings for your Automated Stock Index EA Automated Stock Indices Robot
For example to test the above stock indices Automated Stock Index Expert Advisor on the stock indices trading for profitability, the settings can be setup as displayed and shown above and the MetaTrader platform strategy tester is then run, by taping the "Start Button".
Following trade results are generated and an automated stock indices trader can select to optimize the stock indices Grid Bot further by changing the Automated Stock Index Expert Advisors stock indices settings.
Once the optimization of the stock indices Automated Stock Index Expert Advisor is complete the status bar will show progress, the above status bar shows the progress that the stock indices Grid Trading Bot testing is complete.
To view result click the options high lighted above (Optimization Result, Optimization Graph, Journal)
Before running this Grid Stock Indices Trading Strategy - Intraday Grid Stock Indices Trading Strategy for Automated Stock Index Expert Advisor testing you must navigate to navigator panel, double-click on this stock indices Grid Bot to attach it to the stock indices chart & set the parameters as shown & illustrated below by checking the options provided below:
After setting the above settings then you can test your automated stock indices strategy within the MetaTrader 4 strategy tester.
Once you Run your Automated Stock Index Expert Advisor the Results will be shown on the following windows
Grid Strategy
Grid Strategy
Grid Strategy
Grid Stock Indices Trading Strategy - Intraday Grid Stock Indices Trading Strategy Profit & Loss Graph - Grid Trading Robot
Above is just a brief introduction to the MT4 strategy-tester - automated trading with Grid Bot Stock Indices Robots is a wide topic that a trader will take some time and research to learn about but the main environment to test & optimize the stock indices Automated Stock Index EA automated stock indices robot will be the Intraday Grid Stock Indices Trading Strategy.
Note: You can only implement an Automated Stock Index Expert Advisor using data which has been downloaded and saved on your MT4 platform, 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 stock indices Grid Bot would trade.
