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Forex tester
Forex tester called a special program that enables you to test trading systems and expert advisors on quotations of history. Such a program can be considered a simulator, one can scroll through the course of the market over the selected period of time, checking your gipotizy practice. Tester for Forex strategies can be a separate program or part of a trading terminal. For example, in the family MetaTrader platform MetaQuotes Software Corp, this tester is built in. Next, we consider the simulator for each trader for example the block that is built into MetaTrader.
Tester for Forex manual trading
Want to test Your new trading system, but time constrained tests? Then you can use a special section of the MetaTrader terminal. Displays the time period for which will go on our quotes screen. You can set the rate of appearance of quotations, and press pause. Scrolling, therefore, history, if we are involved in the trading process, only sometimes do manage. One day to scroll through the years the market, depending where agreements were made and what it led to.
* the tester in MetaTrader 4 (the lower part of the screen)
Quotes are pumped to the terminal, so we can download market data for a long period of time by selecting the platform settings currency pair that we are interested in and select the time frame. Forex tester digest what is injected and consistently, though during a trade, give to us the screen quotes with the speed at which we can choose. Very convenient to get, because for the same test account, we would have a lot of time. We are not able in the foreign exchange market to change the rate of flow of time.
Tester for expert advisors
With an automatic trading system the situation is similar. Before you start using EA, you should test it. Not only the technical condition should excite the trader, but the robot's capabilities to make a profit. For this, again, is selected Forex tester the period for which we would like to see the results of the EA. After setting up the robot run it, and in a few minutes we will have comprehensive information on the trading Advisor.
We will see not only the overall result, as the result of money or items, but will also be able to study in detail all the operations that were carried out. Moreover, the tester will give us statistical information on the number of trades, profit factor, drawdown sizes and so on, we will be able to understand how it operated robot, how stable was his job, not only to learn the end result.
Quickly changing the period of testing or customization work, we can re-run the program and observe how it will change the result of the activities of the Advisor. Thus, in a matter of minutes we can obtain information about trading opportunities work. This not only saves the trader time, but also ensures objective evaluation, when the person can not afford "play" that occurs during manual inspections strategies.
The advantages of tester
That gives us the tester in the foreign exchange market?
• The ability to test the system in a short time
• To study the performance of the strategy over any period of time available
• Assess the strengths and weaknesses of the system, despite of transaction
• To eliminate subjectivity
• To get an idea about the prospects of the system before further research
These and other advantages of the tester, the traders have already appreciated. Tester for Forex allows you to evaluate our readiness to trade and to get an idea about the health of a system. Before you install the EA on a demo account, usually "chased" on historical data with the help of this tester.
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| Category: Forex | Added by: (06.11.2017)
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| Views: 273
| Rating: 0.0/0 |
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