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 "Testing → Strategies list" menu. Or you can click on the "List of Strategies" button on the toolbar.

Make sure that the strategy execution is enabled. The "Enable / Disable strategy execution" button on the toolbar should be active. Another way to enable this feature is to navigate to the "Testing → Enable / Disable strategy execution" menu.

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 check the "AwesomeEA" checkbox
  2. Double-click on the strategy’s name or click on the Properties button.
  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 Test” button

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

If you want to use indicators/expert advisors from MetaTrader 4 in Forex Tester 4, you can make use of our Converter. This tool is created specifically for converting expert advisors and indicators from the .mq4 format (is used in MetaTrader 4) to the .dll format (suitable for Forex Tester). More information about the Converter can be found here

To add a custom EA file that has a .dll extension, please navigate to the "File → Install → Install new strategy".