MT5 Strategy Tester Window
The MT5 Bitcoin Simulator Strategy Tester in the MT5 platform is the environment used to backtest the profitability of an MetaTrader 5 Automated Crypto EA which is an Automated Program & ascertain 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 trade activities.
NB: Before starting the MetaTrader 5 Bitcoin Strategy Tester illustrated & shown below, you must first attach a Automated Crypto EA on a MetaTrader 5 chart, by going to Navigator Window, selecting the Automated EA and then right click on it and specify the option 'Attach to Chart', once the Expert Advisor is attached to the MetaTrader 5 cryptocurrency chart it will then appear as it is highlighted below, Then Right Click the Automated Bitcoin Automated EA, select properties settings & then select the option by Checking/Ticking 'Allow Live Trading' and then continue with the MetaTrader 5 strategy tester illustrated below.
The MT5 strategy tester option can be activated from the view menu & it is the second last menu item on the View Menu, A short cut is to Press Ctrl+R MT5 button keys on your keyboard.
The Meta Trader 5 strategy Tester has the following Parameters for setting up before testing an Automated Crypto EA automated system & also for optimizing the profitability of this bitcoin EA.
Automated Bitcoin EA: Parameter for selecting which cryptocurrency Expert Advisor you want to test among those installed on your MT5 platform.
Symbol: The bitcoin chart for which you want to test out the Automated Crypto 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 Automated Bitcoin Automated EA
Visual Mode: Select To view the illustration of where this Automated 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 Automated Cryptocurrency Expert Advisor Automated BTCUSD Crypto Bot
For example, to test out the above Automated Crypto EA on the bitcoin trading for profitability, the settings can be setup as displayed & shown above & MetaTrader platform strategy-tester is then run, by clicking "Begin Button".
The following trade results are generated and an automated bitcoin trader can choose to optimize the Expert Advisor further by changing the Automated Crypto EAs bitcoin settings.
Once optimization of Automated Crypto 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 highlighted above (Optimization Results, Optimization Graph, Journal)
Prior to running this MetaTrader 5 Strategy Tester for Automated Crypto EA testing you must go to navigator window, double-click on this Automated EA so as to attach it to chart & set the parameters as illustrated and shown below by ticking the options provided below:
After setting up the above settings then you can test out your automated bitcoin strategy within the MT5 strategy-tester.
Once you Run your Automated Crypto EA the Results will be displayed on the following windows
MT5 Strategy Tester Optimization Results
MT5 Strategy Tester Optimization Graph
MT5 Strategy Tester Balance and Equity Graph
MetaTrader 5 Strategy Tester Tutorial
Above is just a brief introduction to the MetaTrader 5 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 Automated Crypto EA automated bot will be the MT5 Strategy Tester.
NB: You can only test an Automated Crypto EA using data that has been downloaded and saved on your MetaTrader 5 platform, therefore for the date settings select the dates that you have been trading with your MetaTrader 5 to get a graph representation of how your automated Expert Advisor would trade.
