MT5 Strategy Tester Window

The MT5 Oil Trading Strategy Tester in the MT5 platform is the environment used to back test the profitability of an MT5 Automated 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 MT5 Oil Trading Strategy Tester shown below, you must first attach a crude oil trading Automated Oil Trading EA on a MT5 crude oil chart, by going to the Navigator Window Panel, choosing the crude oil trading EA and then right click on it and specify the option "Attach to Chart", once the EA is attached to the MT5 oil chart it will appear as it is shown below, Then Right-Click on the Automated Oil Trading Expert Advisor, choose property setting and then choose the option by Checking/Ticking "Allow Live Trading" and then continue with the MT5 strategy tester shown below.

The MT5 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 MT5 button keys on your keyboard.

The MT5 strategy Tester has the following Parameters for setting up before testing an Automated Oil EA automated crude oil trading system & also for optimizing the profitability of this oil trading EA.

Automated Oil Expert Advisor: Parameter for choosing which crude oil trading EA you want to test among those installed on your MT5 crude oil trading platform.

Symbol: The oil chart for which you want to test the crude oil trading Automated 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 crude oil trading Automated Oil EA

Visual Mode: Choose To view the illustration of where this crude oil EA 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 Automated Oil EA Automated Oil Robot

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

Following trade results are generated & an automated oil trader can select to optimize the crude oil trading EA further by changing the Automated Oil Expert Advisors oil trading settings.

Once the optimization of the crude oil trading Automated Oil Expert Advisor is accomplished the status bar will explain progress, the 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 MT5 Strategy Tester for Automated Oil Trading Expert-Advisor testing you must go to navigator panel, doubleclick on this crude oil Expert Advisor to attach it to crude oil trading 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 strategy within MetaTrader 5 simulator.

Once you Run your Automated Oil Expert Advisor the Results will be shown on the following windows

MT5 Strategies Tester Optimization Results

MT5 Strategy-Tester Optimization Graph

MT5 Strategy-Tester Balance and Equity Graph

MT5 Strategy Tester Profit and Loss Graph

The above is just a brief introduction to MT5 strategy 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 trading Automated Oil EA automated crude oil trading bot will be the MT5 Strategy Tester.

Note: You can only implement an Automated Oil Expert Advisor using data which has been downloaded and saved on your MT5 crude oil trading platform, therefore for the date settings choose the dates that you've been trading with your MT5 to get a graph representation of how your automated crude oil Expert-Advisor would trade.