MetaTrader 4 Strategy Tester is designed for testing and optimizing trading robots before using them in real trading.
Visual testing in the real-time mode uses the chart window to demonstrate how an Expert Advisor performs trading on historical data.
Upon completion, the tester provides you with a full report containing both graphical and quantitative results.
This makes strategy analysis even more convenient. In addition to data on profits, the tester shows information on profit/loss percentage ratio, amount of profitable and loss-making trades, risk factor and so on.
Analyzing obtained results helps you detect possible flaws in the robot’s trading strategy and adjust the EA parameters.
The main advantage of testing a strategy is the ability to quickly assess the robot’s performance without using it in real trading. Besides, it saves time, as a test takes only a few minutes, while it would take several days or even months to evaluate a strategy in real trading.
Test your trading robot before launching it on live trading and ensure the efficiency of its trading strategy!