MT4 Crude Oil Trading Strategy Tester Window

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

NB: Before starting the MetaTrader 4 Oil Trading Strategy Tester shown below, you must first attach a crude oil Expert Advisor in MT4 crude oil chart, by going to the Navigator Window Panel, choosing the crude oil trading Expert Advisor and then right click on it and specify the option "Attach to Chart", once the Expert Advisor is attached to the MT4 oil chart it will appear as shown below, Then Right Click on the Expert Advisor, select property settings & then choose the option by Checking/Ticking "Allow Live Trading" & then continue with the MT4 strategy tester shown below.

The MT4 strategy-tester option can be activated from the view menu & it is the second last menu item on the View Menu, A short cut is to Press Ctrl+R buttons on your keyboard.

The MetaTrader 4 strategy Tester has the following Parameters for setting up before testing an Expert advisor automated crude oil trading system & also for optimizing the profitability of this oil trading EA.

EA: Parameter for choosing which crude oil trading Expert Advisor you want to test among those installed on your MT4 crude oil trading platform.

Symbol: The oil chart for which you want to test the crude oil EA on

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

Use Date: Set the date to begin the testing & date to end the testing of the oil Expert-Advisor

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

Period: Oil Trading Chart Time Frame for which to use example 1 Hour Oil Trading Chart

Optimization: Allow Optimization Settings for your Expert Advisor Automated Oil Robot

For example to test the above crude oil EA on oil chart for profitability, the settings can be set up as shown above and the MetaTrader trading platform strategies tester is then run, by clicking the "Begin Button".

Following trade results are generated & an automated oil trader can select to optimize the crude oil trading Expert Advisor further by changing the EAs oil trading settings.

Once the optimization of the crude oil trading Expert Advisor is accomplished the status bar will explain progress, above status bar displays the progress that the crude oil Expert-Advisor testing is complete.

To view click on the options high lighted above (Optimization Results, Optimization Graph, Journal)

Before running this MT4 Crude Oil Trading Strategy Tester for Oil Trading Expert-Advisor testing you must go to navigator panel, doubleclick on this crude oil trading EA to attach it to the crude oil chart & set the parameters as shown below by ticking the options provided below:

After setting the above settings then you can test your automated oil trading strategy within MetaTrader 4 strategy-tester.

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

MT4 Crude Oil Strategies Tester Optimization Results

MT4 Crude Oil Strategy-Tester Optimization Graph

MT4 Crude Oil Strategy-Tester Balance & Equity Graph

MT4 Crude Oil Trading Strategy Tester Profit and Loss Graph

The above is just a brief introduction to MT4 strategies tester - automated trading with EA Oil Trading Bots is a wide topic that a trader will take some time & research to learn about but the main environment to test & optimize the crude oil EA automated crude oil trading robot will be the MetaTrader 4 Crude Oil Trading Strategy Tester.

Note: You can only implement an Automated Oil Expert Advisor using data which has been downloaded and saved on your MT4 crude oil trading platform, therefore for the date settings choose the dates that you've been trading with your MT4 to get a graph representation of how your automated crude oil Expert-Advisor would trade.