Mini Market Emulator or Manual Strategy Tester
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, 12-02-2017 at 02:52 PM (941 Views)
This article is mainly aimed at beginners who cannot wait to trade on a demo account and test their strategies.
more...Naturally, you might wonder: if there is a history chart where any strategy can be tested quickly and effectively, why are such difficulties needed? In practice, however, this does not always work: it often happens that a strategy with splendid backtest results works very poorly in the "live" market for some reason. At any rate, it is better to learn trading in systems more or less close to the reality. For instance, market emulators are quite sufficient (such programs can be bought on the Internet).
In this article, I want to discuss my own implementation of such a system in MetaTrader 5. I have written the "Mini Market Emulator" indicator with a limited functionality compared to the full version of the terminal. It is designed for theoretical verification of strategies.