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Why You Need Metatrader Back Testing And Optimization

If your Forex EA is showing signs of failure, then you need to apply Metatrader back testing and optimization techniques to turn things around before it does any serious damage to your trading account. Contrary to what most sellers of Metatrader 4 expert advisors would tell you, there’s no such thing as a “set and forget” system. It’s just like saying that a car will run smoothly forever without the proper servicing and maintenance – it’s a flat out lie and you can be sure that the car will break down eventually.

Just like any other complex system, a Forex EA requires regular maintenance to keep it “in sync” with the markets. Unfortunately, there’s no “Metatrader mechanic” that you can take it to, so you’ll have to learn how to keep your system ticking over on your own. But don’t worry if you have no idea how to do it, because with the Guide To Getting Rich With Forex Robots’ “Metatrader Back Testing And Optimisation Course”, you’ll learn exactly how you can maintain the longevity of your expert advisor, and even increase its profitability without incurring additional risks.

Consistent And Stable Returns With Metatrader Back Testing And Optimization

When you invest in a Forex EA, you would assume that it comes with the best possible settings for profitability, consistency and longevity, right? Unfortunately, this is not the norm at all. You’ll begin to understand why when you think about what the sellers’ interests are… not to make sure that you make the most money, but to make the maximum profits from their own sales. So they leverage their systems to the limit, aiming for triple digit returns without considering the risks and damages that you will inevitably suffer when the wheels come off. Thankfully, with the correct application of Metatrader back testing and optimization, you can turn these dangerous Metatrader 4 expert advisors around to produce consistent and stable returns for you.

Speaking of the wheels coming off, have you ever wondered why most EAs perform spectacularly until you buy them? Well, while most of these systems are marketed as “set and forget”, the truth is that the developers are constantly retesting and optimizing their systems to keep them in tune with the markets. The moment they sell a system, the maintenance stops and the problems start. You don’t even get so much as a manual showing you how to service your Forex EA!

Thankfully, the Guide To Getting Rich With Forex Robots’ “Metatrader Back Testing And Optimization Course” contains everything you need to keep your EA in sync with the markets. In fact, it walks you through step by step from start to finish by teaching you exactly how to maximize your EA’s profitability, consistency and longevity. You don’t need any programming knowledge or experience at all!

Are There Any Other Resources Out There That Will Teach You Metatrader Back Testing And Optimization?

If you’re talking about free guides that will help you to learn Metatrader back testing and optimization, there are a few out there. Obviously, you can read the official Metatrader Strategy Tester manual for the basics, but it’s written more for the programming “pros” than the beginner with little to no experience. You can also browse through the various forums and ad hoc guides that litter the internet, but these are notoriously hard to read and understand, because they are written by the “hard core” traders with good knowledge on the subject but little skill in writing a course and training someone completely new.

Frankly, nothing out there even comes close to the Guide To Getting Rich With Forex Robots’ “Metatrader Back Testing And Optimization Course”. Not only will you learn how to back test and optimize any Forex EA to keep it ticking over for years to come, you’ll also learn the advanced techniques that the real pros use to radically boost their system’s profits. And once you master these highly sought after techniques, you’ll also learn how to take your newly optimized system to tap into a little known Forex income source – becoming a ZuluTrade signal provider. All in all, you’d be stupid not to see what the Guide To Getting Rich With Forex Robots’ “Metatrader Back Testing And Optimization Course” has to offer. So what are you waiting for?

How To Perform Metatrader Optimization Like A Pro

Unless you know how to perform Metatrader optimization on your automated Forex trading system, it’s more than likely that you are leaving thousands of dollars in profits on the table. Not to mention that you run the risk of your system imploding within the next few weeks and months ahead.

It’s a known fact that every automated Forex trading system ever sold is a ticking time bomb waiting to go off. There are hundreds of people every day complaining about being “scammed” on online forums and discussion boards, but the truth is that they don’t know what the pros do – that you need to constantly monitor and optimize your systems to keep them in sync with the markets. And that’s where Metatrader optimization comes in to play.

Most people don’t realize that they have the tools to drastically increase their trading system’s profits and keep their system ticking for the years to come, and this software program is 100% free! That’s right, if you’re running your Forex Expert Advisor (EA) on Metatrader 4, you already have the free Metatrader Strategy Tester at your fingertips that not only allows you to backtest your system to see how it performed in the past, you can also optimize its settings so that it’s even more profitable in the future, and most importantly, you can keep it profitable.

How Metatrader Optimization Works

The simple idea behind Metatrader optimization is to test a whole range of your system’s parameters, including stop loss settings, profit target settings, indicator settings and any other settings your system uses to make a trading decision, using historical data. The results of the test will show you how profitable and what the profit factor is for any given combination of parameters. Based on these results, you’ll be able to see what the best possible combination of parameters are to give you the optimum profits and profit factor for your system. Just by running this simple test, you can drastically improve the profits of your trading system!

Have you ever wondered why all automated Forex trading systems come with a stellar performance record in past trading, only for most of them to fall flat on their faces within months of you buying them? Well, one theory is that they are a scam, that all these results are fake and no system will ever work in the long run. Another more plausible theory is based on what we’ve known all along – that the Forex markets are dynamic and therefore trading conditions are always changing. To stay profitable, your system must adapt, but it can’t do this on its own so you’ll have to do it. In other words, there’s no such thing as a “set and forget” system.

So, instead of panicking when your automated system starts experiencing a dip in performance, you can take corrective action by performing Metatrader optimization the moment you notice the market conditions changing. That way, you preserve the profitability of your system even while others are throwing in the towel and complaining about “scam artists”.

How To Perform Metatrader Optimization Like A Pro

The good news is that you don’t have to know complex programming language to perform Metatrader optimization on your system, but it helps to know what you are doing when you open up the Strategy Tester module. There are certain “tricks of the trade” that will make a big difference between your success and failure in finding the optimum settings for your system in the ever changing market conditions.

You’ll make your life a whole lot easier if you learn how the pros do it, and you can do this by investing in the Guide To Getting Rich With Forex Robots’ “Metatrader Back Testing & Optimization Course” written by Nick Fields and Stewart Young. This is the top course on the market that will walk you through every step of the process and help you avoid the common pitfalls that befall every novice trader trying to optimize their system. You’ll learn critical concepts like how to achieve 99% modelling quality, how to perform walk forward testing and how to avoid curve fitting your system.

If you’re serious about treating your Forex trading like a business, then investing in the Guide To Getting Rich With Forex Robots’ “Metatrader Back Testing & Optimization Course” is a no brainer. I highly recommend that you make it part of your trading arsenal so that you can break out of the cycle of failure and take your trading to the next level.

CLICK HERE TO FIND OUT MORE ABOUT METATRADER OPTIMIZATION

Using The Metatrader Strategy Tester To Supercharge Your Profits

With the Metatrader Strategy Tester, you can test any Forex expert advisor to see if it really will work. And why stop there? There are a wealth of tools and resources available to you within the MST suite that will allow you to optimize your EA for greater profits and longevity in the markets.

Metatrader Strategy Tester comes free with the Metatrader 4 platform, so chances are you already have it on your computer. Otherwise, you can easily head over to their official website to download it within a couple of minutes. To run you first back test, it’s just a matter of going into the Strategy Tester module, selecting the back test option and then running it on the EA that you want to test. Simple!

On the other hand, optimizing your EA for greater profits and longevity in the markets isn’t nearly as simple and straightforward. It takes a lot of trial and error to figure out the optimization module within Metatrader Strategy Tester, because the instructions aren’t very clear and there are a lot of gaps in the information. Even if you do know your way around MST, you may still be making some common mistakes that can actually harm the performance of your EA instead of optimizing it.

Common Optimization Mistakes On Metatrader Strategy Tester

The first mistake that most beginners make on Metatrader Strategy Tester is not getting a high enough modelling quality. Obviously, any test that you perform on your EA is only going to be as good as the historical price data that you use, and ideally you’ll want to achieve at least 90% modelling data for your test to be considered reliable. You should always obtain your data from a live real time account and not a demo account, because the quality of the data from the former is much better and free from gaps, holes and errors. With luck, you’ll be able to get that 90% modelling quality you need to be confident in your testing results.

Another mistake that beginners will make when using Metatrader Strategy Tester to optimize their EA is that they go to far. In other words, they end up over optimizing their EA, which makes the performance look magnificent in the test, but when it comes out to trade for real it fails miserably. This is what tends to happen if you optimize for too many parameters at once. To avoid over optimization, which is also known as curve fitting, you should make sure that you only optimize the indicator period parameters, and to do an additional step known as “walk forward” testing. How this essentially works is to keep a data period out of the optimization pool, and then later back test the optimized EA for this excluded period. That way you can verify that the EA is profitable in both the back test period, and the walk forward period as well.

The Best Metatrader Strategy Tester Guide

Based on my experience, there are very few free guides out there that will teach you how to master the Metatrader Strategy Tester and avoid these common mistakes. Even the best one, which is created by Forex Factory, is hard to read and difficult to understand. So if you really want to make optimizing your EA for greater profits and longevity a part of your Forex trading arsenal, I would recommend that you invest in the Guide To Getting Rich With Forex Robots’ “Metatrader Back Testing & Optimization Course”. This course is head and shoulders above anything else that you’ll find out there, and contains many advanced techniques that will help you achieve the best possible results in your efforts.

First of all, the Guide To Getting Rich With Forex Robots’ “Metatrader Back Testing & Optimization Course” is the only course that I’ve come across that will not only help you achieve 90% modelling quality in your back tests, it takes things one step further and teaches you how to get 99% for even better results. In addition, it will teach you all the secret techniques that all professional Forex system developers use to extract maximum profits from their EAs and keep them ticking over for years without accidentally “curve fitting” or over optimizing the system.

If you are serious about your Forex trading business, then mastering the Metatrader Strategy Tester is not an option. The quickest and easiest way to do that is to invest in the Guide To Getting Rich With Forex Robots’ “Metatrader Back Testing & Optimization Course”, so I highly recommend it! Check it out by clicking the link below:

CLICK HERE TO VISIT THE METATRADER STRATEGY TESTER SITE