Create and Test Forex Strategies
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Using Expert Advisor Studio you can easily create an Expert Advisor and discover a trading strategy by following a few easy steps:
Set a virtual account in EA Studio the same way you set a demo account at in your Forex broker. To do it, go to the Settings tab and select your Account Currency, Initial Account Amount and the Leverage.
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.
We provide Data Export Scripts for MetaTrader 4 and MetaTrader 5 versions.
Let the Generator work for a moment. The Generator will store the best strategies in the Collection. You can see them by clicking on Collection in the top navigation menu.
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 click on a strategy to open it in the Editor for review.
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 chart.
You can use this information for evaluating strategies fast. For the complete strategy backtest stats check the Report.
When you are satisfied with your strategy you can export it as an Expert Advisor.
To export and Expert find the Export button in the upper right corner.
Click on the button and choose to export the proper Expert Advisor for your MetaTrader version.
The Expert 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.
Make sure to compare both backtest results and see that they are very much the same.
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 Reactor)