general assessment of results is provided in the articles of the series entitled " Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization ". MovingPeriod_Close - MA period for position closing. There are three very important things that you need first. I believe that you will learn much faster and stay engaged in the process if you trade in a very small live account and use nano lots. You might trade differently when real money is on the line. Robots with high risk-reward ratios might not experience many losing trades but, when losses occur, they often wipe out weeks or months of gains. The downloaded file must be placed in the MQL4experts folder of the MetaTrader 4 trading terminal. Conclusion : Our Expert Advisor cannot make profit trading the specified symbol and time frame with the parameters set in the Expert Advisor settings by default.
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The code interpretation can be found in the Error Codes section. Now it's time for the big decision, live account or demo? The optimization is now in progress. It does not allow for any compounding effects and is based upon the account equity which live forex charts uk includes for the effect of any open trades. In other words, " optimization means finding such parameters for the selected trading system that would allow us to obtain the best results" (see the How Not to Fall into Optimization Traps? Alternatively, you can open the balance chart of the test pass - the "Graph" tab (see the screenshot above).