Create and Test Forex Strategies
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eas-guide:quick-start [2019/02/19 14:55] – drag-and-drop-files-to-data-import update vini | eas-guide:quick-start [2020/12/09 09:28] – [2. Import Data from MetaTrader] Ilan Vardy | ||
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====== Quick Start ====== | ====== Quick Start ====== | ||
- | Using Expert Advisor Studio you can easily create an Expert Advisor and discover a trading strategy by following few easy steps: | + | Using Expert Advisor Studio you can easily create an Expert Advisor and discover a trading strategy by following |
{{ youtube> | {{ youtube> | ||
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===== 1. Set Your Account ===== | ===== 1. Set Your Account ===== | ||
- | Set a virtual account in EA Studio the same way you set a demo account | + | Set up a virtual account in EA Studio the same way you set a demo account |
{{ : | {{ : | ||
<WRAP center round important 60%> | <WRAP center round important 60%> | ||
- | Make sure the settings in EA Studio correspond to the account at your broker. This is to ensure you later get the same results in MetaTrader. | + | Ensure your settings in EA Studio correspond to your account at your broker. This is to ensure you later get the same results in MetaTrader. |
</ | </ | ||
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- In this Windows Explorer window find and open the **MQL** folder (MQL4 or MQL5). Then open **Scripts**. | - In this Windows Explorer window find and open the **MQL** folder (MQL4 or MQL5). Then open **Scripts**. | ||
- Paste the **Data Export Script** file in the **Scripts** folder. | - Paste the **Data Export Script** file in the **Scripts** folder. | ||
- | - Return to MetaTrader and go to the **Navigator** box. Then right-click | + | - Return to MetaTrader and go to the **Navigator** box. Then right-click |
{{ : | {{ : | ||
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- | - Attach the script to the the chart. | + | - Attach the script to the chart. |
- It is done, you have saved the quotes. | - It is done, you have saved the quotes. | ||
- From the MetaTrader menu open **File > Open Data Folder**. | - From the MetaTrader menu open **File > Open Data Folder**. | ||
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* To manually create a strategy from the ground up choose the entry triggers in the [[eas-guide: | * To manually create a strategy from the ground up choose the entry triggers in the [[eas-guide: | ||
- | * To create a strategy aromatically use the [[eas-guide: | + | * To create a strategy aromatically use the [[eas-guide: |
===== 4. Choose a Strategy from the Collection ===== | ===== 4. Choose a Strategy from the Collection ===== | ||
- | Let the Generator work for a moment. The Generator will store the best strategies in the [[bot_guide: | + | Let the Generator work for a moment. The Generator will store the best strategies in the [[eas-guide: |
- | {{ https:// | + | {{ :eas-guide: |
- | + | In the Collection, you can see the top strategies with their equity curves and apply filters to select to select only the strategies to your liking. | |
- | In the Collection you can see the top strategies with their equity curves and apply filters to select to select only the strategies to your liking. | + | |
===== 5. Review the Strategy Trading Rules and Stats ===== | ===== 5. Review the Strategy Trading Rules and Stats ===== | ||
- | In the Collection you can click on a strategy to open it in the [[eas-guide: | + | In the Collection, you can click on a strategy to open it in the [[eas-guide: |
- | Use the Editor to change settings, Entry Rules and indicators parameters. On the right side there is a table that shows the most important stats. Below the stats is the **Balance chart** where you can see the Equity | + | Use the Editor to change settings, Entry Rules and indicators parameters. On the right side, there is a table that shows the most important stats. Below the stats is the **Balance chart** where you can see the Equity |
You can use this information for evaluating strategies fast. For the complete strategy backtest stats check the [[eas-guide: | You can use this information for evaluating strategies fast. For the complete strategy backtest stats check the [[eas-guide: | ||
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===== 7. Test an Expert Advisor with MetaTrader ===== | ===== 7. Test an Expert Advisor with MetaTrader ===== | ||
- | The Exert Advisors exported by EA Studio have 100% native MQL code. EA Studio Expert Advisors do not require any 3rd party code and compile in MetaTrader without any errors or warnings. | + | The Expert |
==== To test an Expert Advisor ==== | ==== To test an Expert Advisor ==== | ||
- | |||
- go to MetaTrader **File > Open Data Folder**. | - go to MetaTrader **File > Open Data Folder**. | ||
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- Open the MetaTrader Strategy Tester (**View > Strategy Tester**) | - Open the MetaTrader Strategy Tester (**View > Strategy Tester**) | ||
- Test the exported Expert Advisor with the correct Period, Symbol etc. | - Test the exported Expert Advisor with the correct Period, Symbol etc. | ||
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**Make sure to compare both backtest results and see that they are very much the same.** | **Make sure to compare both backtest results and see that they are very much the same.** | ||
- | {{ https:// | + | {{:eas-guide: |
Expert Advisor Studio is the most advanced online platform for trading strategy creation. It enables you to use a fully automated workflow for strategy generation, strategy optimization and strategy validation (see [[eas-guide: | Expert Advisor Studio is the most advanced online platform for trading strategy creation. It enables you to use a fully automated workflow for strategy generation, strategy optimization and strategy validation (see [[eas-guide: | ||
+ | ===== Trade Safe ===== | ||
+ | Join our super-friendly [[https:// | ||
- | **Trade Safe.** | + | **Other useful links:** |
- | + | ||
- | + | ||
- | Join our super-friendly [[https:// | + | |
- | + | ||
- | Other useful links: | + | |
* [[https:// | * [[https:// | ||
* [[https:// | * [[https:// | ||
+ | ===== Risk Disclosure ===== | ||
- | |||
- | **Risk Disclosure** | ||
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. | Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. | ||
- | **Hypothetical performance** results have many inherent limitations, | + | Hypothetical performance results have many inherent limitations, |
~~DISQUS~~ | ~~DISQUS~~ |