Strategy Tester

masonlee

Trader
Sep 11, 2013
8
0
12
Hi everybody,

I saw a "strategy tester" button included in the MT4 trading platform, anybody can tell me what is a strategy tester and how can i use it?

Thank you
 

Enivid

Administrator
Staff member
Nov 30, 2008
18,530
1,355
144
Odesa
www.earnforex.com
The Strategy Tester is there to test and optimize expert advisors. You select an expert advisor from the list, set Symbol, Period, Model, Dates, and Input Parameters and then press Start. When finished it will show you the backtesting results.
 

masonlee

Trader
Sep 11, 2013
8
0
12
The Strategy Tester is there to test and optimize expert advisors. You select an expert advisor from the list, set Symbol, Period, Model, Dates, and Input Parameters and then press Start. When finished it will show you the backtesting results.

Thanks for the explanation. I saw two EAs displayed on the tester, one is MACD, another one is moving average. I had try to select one of it and back test the previous price movement, both selections tend to lose money every past month. Seem like if we trade manually by using the MACD and MA indicators it is not a good idea.