How expert advisers can help you to get the most of the backtesting process

An Expert Adviser is the program that is based on some trading strategy, and can open and close the trades automatically.

To backtest the EAs that are already included into Forex Tester, navigate to the Strategies tab and click the List of strategies button.

"You will see the following window:

Make sure that the strategy execution is enabled. The "Enable / Disable strategy execution" button on the toolbar should be active.

We will cover the topic of Expert Advisers on the "Awesome Expert Adviser" strategy example.

  1. Click the "List of Strategies" button on the toolbar and activate the "AwesomeEA" switch.
  2. Double-click on the strategy’s name or click on the gear button to show the properties window.
  3. Choose the symbol from the drop-down menu. If the symbol that you need is not available in the drop-down menu then you need to navigate to the Data Center and download or import the data for this particular currency pair, then create a new project for this symbol or load an existing project.
  4. Select the time frame where you want to test this strategy
  5. Set up a lot size
  6. Pick the Fast (F) and Slow (S) periods for moving average
  7. Select the type of moving average and price for applying
  8. Click "Apply"
  9. Click “Close”
  10. Click the “Start” button

Forex Tester will open and close orders automatically due to the strategy rules that were programmed in the Expert Adviser.

To add a custom EA file that has a .dll extension, please navigate to the Strategies tab and click the Add Strategy button.