Tester v 0. 14
This tool for MetaTrader 4 is specifically engineered to streamline your trading operations. This Expert Advisor serves as automated trading software. It is utilized to monitor financial markets and execute trades based on predefined algorithmic rules, enabling precise position management without the need for constant manual oversight.
How to Setup and Use Tester v 0. 14
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
Description & Settings
This is an example only - how optimization results can be edited in a text editor and used by the Expert Advisor.
The signals were found by the optimizer of MT4 strategy tester, and all of these signals are used above profit factor 2. Many of these signals appeared only one time in the whole history, that's why more different type of signals must confirm each other.
"MinSignSum" setting means the number of these confirmations and it should never be less than 4!!
Shared only to show this method, how even beginner coders also can create real trading monsters :)
It's not recommended for live trading at all!
Backtest using forextester data, with default settings, 2001.01.01 - 2011.06.30. (test starts from the 100th H4 bar)
