MetaTrader 4 Stocks EA Strategy Tester Window

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

NB: Before starting the MetaTrader 4 Stocks Strategy Tester shown below, you must first attach a stocks Expert Advisor on a MetaTrader 4 stocks chart, by going to the Navigator Window, selecting the stocks EA and then right click on it and specify the option "Attach to Chart", once the EA is attached to the MetaTrader 4 stocks chart it will appear as shown below, Then Right Click on the Expert Advisor, select properties and then select the option by Checking/Ticking "Allow Live Trading" and then continue with the MetaTrader 4 strategy tester shown below.

The MetaTrader 4 strategy tester option can be activated from the view menu and 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 stocks system and also for optimizing the profitability of this stocks EA.

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

Symbol: The stocks instrument for which you want to test the stocks Expert Advisor on

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

Use Date: Set the date to start the testing and the date to end the testing of the stocks Expert Advisor

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

Period: Stock Chart Time frame for which to use example 1 Hour Stocks Chart

Optimization: Allow Optimization Setting for your Expert Advisor Automated Stocks Robot

For example to test the above stocks Expert Advisor on the stock chart for profitability, the settings can be set up as shown above and the MetaTrader trading platform strategy tester is then run, by clicking the "Start Button".

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

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

To view the result click the options highlighted above (Optimization Results, Optimization Graph, Journal)

Before running this MetaTrader 4 Stocks EA Strategy Tester for Stock Expert Advisor testing you must go to the navigator window, double click on this stocks EA to attach it to the stock chart and set the parameters as displayed and 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 Expert Advisor the Results will be shown on the following windows

MetaTrader 4 Stocks EA Strategy Tester Optimization Results

MetaTrader 4 Stocks EA Strategy Tester Optimization Graph

MetaTrader 4 Stocks EA Strategy Tester Balance and Equity Graph

MetaTrader 4 Stocks EA Strategy Tester Profit and Loss Graph

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

NB: You can only implement an Automated Stock Expert Advisor using data that has been downloaded and saved on your MetaTrader 4 stock 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 stocks EA would trade.