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Testing and optimizing Expert Advisors in Metatrader 5

February 18, 2011 by Forex Market

Any strategy should be tested for both feasibility study and to obtain the parameters that will give us better results and more profits with minimum risk. This test can be done with data past the market (backtesting) or real-time (forward testing). If the strategy we have scheduled an Expert Advisor can carry out the test with past data using the Strategy Tester (tester strategy). The Strategy Tester is an application of Metatrader. To start the Strategy Tester go to “View” menu and select “Strategy Tester.” The …

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