Metatrader’s Strategy Tester allows you to optimize your expert advisor to find the most profitable settings for the multitude of possible input variable combinations. You can optimize an expert advisor on a specific chart for a specific time period to find out which input values produced the highest returns and lowest drawdown.
 
However, it [...]

Are you new to forex? If so, you should open a demo account and start familiarizing yourself with how things work. Here’s how:

Okay, so you’ve completed your backtest using Metatrader Strategy Tester. Now let’s look at the results.

There are four tabs to look through: Report, Graph, Results, and Journal

So you’ve just gotten your hands on a hot new expert advisor and you need to know if this thing is really going to work. It’s time to get your hands dirty and start testing. There are two types of testing you should do: forward testing and backtesting.
 
But first, make [...]

Setting up Metatrader 4 for backtesting can be a tricky, time consuming, and a little frustrating if you aren’t entirely sure you have it all working properly. This article will guide you through the entire process from obtaining high quality minute history data to installing a separate backtesting account to importing and converting the [...]