MT4 Oil Trading Expert Advisor Strategy Tester Panel

The MT4 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 Trading Robot & determine the profitability of this EA automated oil trading strategy and then Optimize this EA to a point where it is giving good profits from its oil automated trading activities.

Note: Before beginning the MetaTrader 4 Oil Trading Strategy Tester shown below, you must first attach a crude oil EA on MT4 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 MT4 oil chart it will appear as shown below, Then Right Click on the Expert Advisor, select properties settings & then select 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 View Menu, A short-cut is to Press Ctrl+R button keys on your keyboard.

The MT4 strategy Tester has the following Parameters for setting up before testing an Expert advisor automated crude oil system & also for optimizing the profitability of this oil trading EA.

Expert Advisor: Parameter for selecting which crude oil trading EA you want to test among those installed on your MetaTrader 4 crude oil trading platform.

Symbol: The oil chart for which you want to test the crude oil trading Expert-Advisor on

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

Use Date: Set the date to begin the testing and date to end the testing of the oil EA

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

Period: Oil Trading Chart Timeframe for which to use examples 1 Hour Oil Trading Chart

Optimization: Allow Optimization Settings for your EA Automated Oil Trading Bot

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 strategy-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 Expert Advisors oil trading settings.

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

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

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

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

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

MT4 Oil Expert Advisor Strategies Tester Optimization Results

MT4 Oil Expert-Advisor Strategies Tester Optimization Graph

MT4 Oil Trading EA Strategy-Tester Balance and Equity Graph

MT4 Oil Trading EA Strategy Tester Profit and Loss Graph

Above is just a brief introduction to the MetaTrader 4 strategy-tester - automated trading with EA Oil Robots 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 EA automated crude oil bot will be MT4 Oil Expert-Advisor 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 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.