forex software

Create and Test Forex Strategies

forex software

eas-guide:editor

Strategy Editor

Introduction

The Editor is the first tab of the Strategy section of the application.

You can use the Editor to change the indicators and the parameters of a generated strategy or to create an entirely new one manually. When you change something, the program calculates the strategy against the corresponding historical data, shows the most important stats and draws the account and the indicator charts. You can use this information to evaluate the strategy and, if you are satisfied, you can export an Expert Advisor from it. The program also stores the best strategies in the Collection.

Toolbar

The Editor's toolbar has controls for selecting historical data and buttons for exporting and sharing an Expert Advisor.

You choose which file to load by selecting the server name, the symbol and the period. When you change any of those parameters, EA Studio loads the corresponding file from the cloud.

EA Studio loads data files and re-calculates the strategy when you change the options.

Context menu

  • New Strategy - removes the strategy form the Editor and sets an empty one.
  • Load next from the Collection - loads the next, with lower stats value, strategy from the Collection.
  • Import an Expert Advisor back - imports an expert advisor file in the Editor and shows the strategy. It works only for experts previously exported from EA Studio.
  • Remove current version - removes the current version of the strategy (with the exact major and minor Id number) from the Editor and the Collection.
  • Remove other versions - removes the other versions of the strategy from the Editor and the Collection.
  • Remove all versions - removes all versions of the strategy from the Editor and the Collection.

Market Information and Account Information

Market Info

Account Info

Market Info - shows the loaded chart, the start and the end date of the loaded data and the market spread. EA Studio loads historical data from a MetaTrader server. It is important to use data from your broker and server for testing in order to achieve the same results in MT.

Account Info - shows the account currency, the initial amount of the account as well as the account leverage. You can change the account settings from the Settings page.

Indicator chart

Indicator chart

The indicator chart shows you the market price and the indicators used in the strategy.

Strategy Layout

Strategy Layout

The Strategy layout presents the Strategy Properties, and the Long and Short entry and exit rules. For more information, please refer to the Entry rules and Exit rules articles.

Backtest Result

Backtest output

The title speaks for itself. This is the statistical data about the backtest of the EA.

Balance chart

Editor Balance Chart

The Balance chart shows the strategy performance for the timeframe of the backtest. We always search for a smoothly rising balance line.