MT4 EA Strategy Tester Panel

The MT4 Stocks Strategy Tester in the MT4 platform is the environment used to backtest the profitability of an MT4 Expert Advisor which is an Automated Robot & determine the profitability of this EA automated stocks strategy & then Optimize this EA to a point where it's giving good profits from its automated activities.

Note: Before beginning MetaTrader 4 Stocks Strategy Tester shown below, you must first attach a stocks Expert-Advisor on a MetaTrader 4 chart, by going to the Navigator Window Panel, choosing the EA and then right click on it and specify the option "Attach to Chart", once the EA is attached to the MT4 chart it will then appear as shown below, Then Right-Click on the Automated Expert-Advisor, choose property setting & then choose the option by Checking/Ticking "Allow Live Trading" and then continue with the MT4 strategy tester shown below.

The MT4 strategies 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 button keys on your keyboard.

The MetaTrader 4 Strategy Tester contains the following EA Parameter Settings for set up prior to testing-out an EA automated stocks system and also for optimizing the profitability of this EA.

Expert-Advisor: Parameter for selecting which EA you want to test among those installed on your MT4 platform.

Symbol: The instrument for which you as a trader want to test the EA on

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

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

Visual Mode: Select To view the illustration of where this EA opens & closes trade as testing goes on, there's also a slide bar to increase or decrease the speed for this visual mode.

Period: Chart Time Frame for which to use example 1 H Chart

Optimization: Allow Optimization Setting for your EA Automated Robot

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

Following trade results are generated and an automated trader can choose to optimize the EA further by changing the Expert Advisors settings.

Once the optimization of the Expert-Advisor is complete the status bar will show progress, the above status bar highlights the progress that the EA testing is complete.

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

Before running this MetaTrader 4 EA Strategy Tester for Expert Advisor testing you must navigate to the navigator window panel, doubleclick on this EA to attach it to the chart & set the parameters as displayed & shown below by ticking the options provided below:

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

Once you Run your EA the Results will be displayed on the following window

MT4 Expert Advisor Strategies Tester Optimization Results

MT4 Expert Advisor Strategies Tester Optimization Graph

MT4 EA Strategy Tester Balance and Equity Graph

MT4 EA Strategy Tester Profit and Loss Graph

Above is just a brief introduction to MetaTrader 4 strategies tester - automated trading with EA Robots is a wide topic that a trader will take some time and research to learn about but main environment to test and optimize the Expert-Advisor automated robot will be the Meta Trader 4 Stocks Expert-Advisor Strategy Tester.

Note: You can only implement an Automated 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 MT4 to get a graph representation of how your automated stocks Expert-Advisor would trade.