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MT5 Simulator

  • #1
  • First Post: Apr 18, 2016 9:26pm Apr 18, 2016 9:26pm
I am wondering if anyone knows of or has made a simulator specifically for MT5? I searched around this site and mql5.com and couldnt find anything. Apparently you can test multicurrency strategies on MT5 which would be very useful I think.
  • #2
  • Apr 19, 2016 3:05am Apr 19, 2016 3:05am
Quoting wowzers
I am wondering if anyone knows of or has made a simulator specifically for MT5? I searched around this site and mql5.com and couldnt find anything. Apparently you can test multicurrency strategies on MT5 which would be very useful I think.
Hi wowzers,

This is a copy of my reply to you in Robots Lab.

It can be done using an Expert Advisor.
MT5 allows you to access multiple pairs from inside the EA, where you can read OHLC prices and indicator values on multiple pairs.

For discretionary trading using multiple pairs you will need a Trading Simulator that supports that.
I use FX Blue (previously mt4i) on MT4, I don't know if there are similar simulators for MT5.
I've cheked the FX Blue site and they don't provide any.
No guts, no glory
  • #3
  • Last Post: Apr 20, 2016 2:00pm Apr 20, 2016 2:00pm
Quoting abokwaik
{quote} Hi wowzers, This is a copy of my reply to you in Robots Lab. It can be done using an Expert Advisor. MT5 allows you to access multiple pairs from inside the EA, where you can read OHLC prices and indicator values on multiple pairs. For discretionary trading using multiple pairs you will need a Trading Simulator that supports that. I use FX Blue (previously mt4i) on MT4, I don't know if there are similar simulators for MT5. I've cheked the FX Blue site and they don't provide any.
Thankyou Abokwaik, I read that reply on your thread too. My question for this thread was specifically to find a simulator for Mt5 as I assumed that Mt4 was incapable of simulating multi-currency discretionary strategies but it seems from your reply that that is not the case? I have used the FXBlue simulator in the past quite a bit and as far as I know it only allows to trade one currency pair at a time because that is all you can select when loading the currency, time period and timeframe in strategy tester options. Can you explain how you are trading multiple currency pairs on it ? By that I mean how am I able to load charts of different instruments on it if strategy tester will only allow 1 currency pair ?
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