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Test MQ4 without waiting?

  • #1
  • First Post: Feb 24, 2011 9:41pm Feb 24, 2011 9:41pm
Dear All,

I am testing my mq4, but need to wait for price to reach specific levels to see the results. And the reaching is not guranteed. Is there any easy way to test my mq4 without such uncertain waiting?

many thanks!

cheers,

kk007
  • #2
  • Feb 25, 2011 10:24am Feb 25, 2011 10:24am
Er... why don't you just backtest it?

If you're curious exactly how it behaves when the price reaches certain levels, then turn on 'visual backtesting' and just watch your EA at work. Just make sure to choose a historical period during which the price level in question is hit.

Sounds like a very simple answer, but I'm not sure what else you might be asking.

-Alex
  • #3
  • Feb 26, 2011 5:07am Feb 26, 2011 5:07am
Me stupid.

Thanks for your answer.

I have completely forgot this option!!!

Although I am not sure whatever I can do everything I want with it, I will take a bit time to check it.

cheers,

kk007

Quoting alexboyd
Er... why don't you just backtest it?

If you're curious exactly how it behaves when the price reaches certain levels, then turn on 'visual backtesting' and just watch your EA at work. Just make sure to choose a historical period during which the price level in question is hit.

Sounds like a very simple answer, but I'm not sure what else you might be asking.

-Alex
  • #4
  • Feb 26, 2011 5:35am Feb 26, 2011 5:35am
Quoting alexboyd
Er... why don't you just backtest it?

If you're curious exactly how it behaves when the price reaches certain levels, then turn on 'visual backtesting' and just watch your EA at work. Just make sure to choose a historical period during which the price level in question is hit.

Sounds like a very simple answer, but I'm not sure what else you might be asking.

-Alex
Looks to me the strategy tester can only normally test completely automatic EA, not allow much manual intervention. If so, this may not be what I want. Or I can do something to get around? Let see. cheers!
  • #5
  • Feb 27, 2011 8:28am Feb 27, 2011 8:28am
kk007,

One thing you might try is this... it's an 'EA' and a set of scripts that allow you to use the visual backtester as a trading simulator. I haven't played around with it enough to know whether you could use semi-automatic strategies within it, but it would be something to look into.

I believe its main purpose is to allow traders to get practice in even when the markets are closed. You can also change the speed of the market ticks such that it's a great deal faster than normal market data, which is why people might use it to test longer-TF strategies instead of just demoing them.

Hope this leads you to something you can work with!

-Alex
  • #6
  • Feb 27, 2011 8:40am Feb 27, 2011 8:40am
Quoting kk007
Looks to me the strategy tester can only normally test completely automatic EA, not allow much manual intervention. If so, this may not be what I want. Or I can do something to get around? Let see. cheers!
There is also a set of EA's called vHands which you load into the strategy tester and can manually place trades. Its a bit different but I had fun messing with it last night.

http://www.forexfactory.com/showthread.php?t=60849
  • #7
  • Feb 27, 2011 11:01am Feb 27, 2011 11:01am
^heh yeah looks about the same. It's all because we can't get enough forex during the weekdays...
  • #8
  • Feb 27, 2011 5:29pm Feb 27, 2011 5:29pm
Thanks,

but I think it is only for manual backtesting and not working for semi-automatic testing.

I have this simulator for a long time, the problem is the strategy tester of metatrader can only take one EA at a time. To use the simulator, I have to load the EA of this simulator in the strategy tester, and so I cannot test my EA at the same time.

cheers,
kk007

Quoting alexboyd
kk007,

One thing you might try is this... it's an 'EA' and a set of scripts that allow you to use the visual backtester as a trading simulator....
  • #9
  • Feb 27, 2011 10:24pm Feb 27, 2011 10:24pm
Looks like you'll be paper-trading then! Best of luck to you.

Alex
  • #10
  • Feb 28, 2011 5:48am Feb 28, 2011 5:48am
Quoting alexboyd
Looks like you'll be paper-trading then! Best of luck to you.

Alex
Thanks. I get around this by hardcoding some "manual actions" (I would take) in the EA, and examine what the original code would do with the "manual actions".

cheers
  • #11
  • Last Post: Feb 28, 2011 8:26am Feb 28, 2011 8:26am
Quoting traderjai_inhi
There is also a set of EA's called vHands which you load into the strategy tester and can manually place trades. Its a bit different but I had fun messing with it last night.

http://www.forexfactory.com/showthread.php?t=60849
Thanks,

but this is the same. once I load vHands EA, I cannot run my EA. The strategy tester can only take one EA a time.

cheers,
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