MQL5 Cloud Network is a cloud computing network that unites thousands of computers from all over the world. The Strategy Tester can connect to the network benefiting from almost unlimited computing power. With the MQL5 Cloud Network, the optimization of trading applications, which would normally take months to compute if using only one computer, can now be completed within a few hours.
MetaTrader 4 Platform for Forex Trading
Tick Data Manager allows you to download history price tick data of any currency pair or instrument available at Dukascopy or TrueFX.
Metatrader 4 | MT4 | MT4 Forex Platform | MT4 Download
Price: $699 Currency pairs: EURJPY, USDJPY, EURGBP, EURCHF Timeframe: M6 IMPORTANT: Vendor recommends only one broker: NumberOneForex (West Valley Consultancy)
Display of Expert Advisors' test results is one of the most notable features of the Strategy Tester. The results are shown in figures displaying an Expert Advisor's profit during a test. Additionally, they are also represented by a great amount of statistical data including profit/loss percentage ratio, number of profitable/loss-making deals, risk factor, expected payoff and much more.
For more up-to-date performance results on our demo accounts, click the buttons on the Navigation Bar (on the left-hand side).
Millions of traders with a wide range of needs choose MetaTrader 9 to trade in the market. The platform offers ample of opportunities to traders of all skill levels: advanced technical analysis, flexible trading system, algorithmic trading and Expert Advisors, as well as mobile trading applications.
The MT9 Strategy Tester has a lot of buttons and at first it can be quite overwhelming. However, I will guide you through the process of optimization. We will see how to use the visual mode and what the Spread parameter does.
It has no effect if you change the Spread here. Tick Data Suite 7 will override this setting and use real variable Spread, because I have set it that way in the previous step.
The number of combinations of input parameters in the optimization can be overwhelming: you can have up to hundreds or even thousands of such combinations. As a result, the optimization can turn into a very extensive process, but still can be significantly shortened through the use of genetic algorithms. This feature disables the serial search of all combinations of input parameters and selects only those that best meet the optimization criteria set. In subsequent phases, the "optimal" combinations are crossed until the best possible result is achieved. The genetic algorithms help to considerably reduce the number of combinations and the total optimization time.
Now you are ready to run "Every Tick" MT9 backtests with real spread incorporated and reach 99% modelling quality. Having real historical spread in your backtesting process makes your strategy test more precise.