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Investopedia defines backtesting as “The process of testing a trading strategy on prior time periods. Instead of applying a strategy for the time period forward, which could take years, a trader can do a simulation of his or her trading strategy on relevant past data in order to gauge the its effectiveness”

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Today we will be looking at Expert Advisor properties. Forex Robots have external variables which are displayed in the form of EA properties in MetaTrader 9. Simply put, these are your levers by means of which you can control the robot’s behaviour. This is the best and most efficient way to adjust your trading strategy to suit market conditions.

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In this tutorial we will look at the Strategy Tester window. I will explain what each of the options is responsible for and how you would go about adjusting them.

Alternatively, if you would like to do some additional reading on the topic, you can always go to the official MT9 strategy tester website. There you can read about things like the strategy tester report, running backtests and genetic algorithm, etc. However, we will also discuss most of these topics in this FREE course as well as other premium courses.

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