MT4 EA Strategy Tester Window Panel

The MetaTrader 4 Bitcoin Crypto Currency Simulator Simulator in the MT4 platform is the environment used to backtest the profitability of an MT4 EA which is an Automated Trading Program and determine the profitability of this EA automated bitcoin strategy & then Optimize this Expert Advisor to a point where it is giving good profits from its bitcoin automated trading activities.

NB: Before starting MT4 Bitcoin Strategy Tester illustrated & shown below, you must first attach a Expert Advisor on a MetaTrader 4 chart, by going to the Navigator Window, choosing the EA and then right-click on it and specify the option 'Attach to Chart', once the Expert Advisor is attached to the MetaTrader 4 cryptocurrency chart it will add EA as shown below, Then Right-Click on the Automated EA, select properties settings & then select the option by Checking/Ticking 'Allow Live Trading' & then continue with the Bitcoin Simulator MetaTrader 4 Download - MT4 Expert Advisor Strategy Tester shown below - MT4 Bitcoin Simulator.

The BTCUSD Crypto Simulator MetaTrader 4 Download - MT4 Expert Advisor Strategy Tester option can be activated from the view menu and it is the second last menu item on the View Menu, A shortcut is to Press Ctrl+R buttons on your key-board.

The Bitcoin Crypto Currency Simulator MetaTrader 4 Download - MT4 Expert Advisor Strategy Tester has the following Parameters for setting up before testing an Expert advisor automated system & also for optimizing the profitability of this bitcoin Automated EA.

EA: Parameter for choosing which Expert Advisor you want to test among those installed on your MT4 platform.

Symbol: The bitcoin crypto chart for which you want to test the EA on

Model: Whether to execute based on tick technique, open bitcoin crypto currency prices or control points

Use Date: Set the date to start the testing & date to end the testing of the bitcoin EA

Visual Mode: Select To view the illustration of where this EA opens & closes bitcoin trade as the testing goes on, there also a slide bar to increase or decrease speed for the visual mode.

Period: Bitcoin Crypto Currency Chart Time-frame for which to use examples 1H BTCUSD Crypto Chart

Optimization: Allow Optimization Settings for your Expert Advisor Automated BTCUSD Crypto Robot

For example, to test the above Expert Advisor on the chart for profitability, the settings can be set-up as shown and illustrated above and the MetaTrader platform strategy simulator is then run, by clicking 'Start Button'.

The following trade results are generated and an automated bitcoin trader can choose to optimize the EA further by changing the EAs bitcoin settings.

Once the optimization of the Expert Advisor is complete the status bar will show progress, the above status bar highlights the progress that the Expert Advisor testing is complete.

To view click the options high-lighted above (Optimization Results, Optimization Graph, Journal)

Before running this Bitcoin Simulator MetaTrader 4 Download - MT4 Expert Advisor Simulator for Crypto EA testing you must go to the navigator window, double click on this Automated Expert Advisor to attach it to the chart & set the parameters as illustrated and shown below by ticking the options provided below:

After setting the above settings then you can test your automated bitcoin strategy within the Bitcoin Simulator MetaTrader 4 Download - MT4 Expert Advisor Strategy Tester.

Once you Run your Expert Advisor the Results will be displayed on the following window

MT4 Cryptocurrency Expert Advisor Strategy Tester Optimization Results

MetaTrader 4 Expert Advisor Strategy Tester Optimization Graph

MT4 Cryptocurrency Expert Advisor Strategy Simulator Balance & Equity Graph

MT4 Expert Advisor Strategy Tester Profit and Loss Graph - Bitcoin Simulator MetaTrader 4 Download - MT4 Expert Advisor Strategy Tester Tutorial

Above is just a brief introduction to the Bitcoin Simulator MetaTrader 4 Download - MT4 Expert Advisor Strategy Tester - automated trading with EA Bitcoin Bots is a wide topic that a trader will take some time and research to learn about but the main environment to test and optimize the EA automated bot will be the MetaTrader 4 Expert Advisor Strategy Simulator.

Note: You can only test an Automated Crypto EA using data that has been downloaded and saved on your MT4 software, therefore for the date settings select the dates which you have been trading with your MetaTrader 4 to get a graph representation of how your automated Expert Advisor would trade.

Study More Courses & Tutorials:

Trade Bitcoin Trading

MT4 EA Strategy Tester Window Panel

MT4 Cryptocurrency Expert Advisor Strategy Tester Optimization Results

MetaTrader 4 Expert Advisor Strategy Tester Optimization Graph

MT4 Cryptocurrency Expert Advisor Strategy Simulator Balance & Equity Graph

MT4 Expert Advisor Strategy Tester Profit and Loss Graph - Bitcoin Simulator MetaTrader 4 Download - MT4 Expert Advisor Strategy Tester Tutorial