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The Backtest Simulator is a buying and selling panel which lets you execute and deal with your trades. It visualized the order entries to make your buying and selling as easy as doable in Technique Tester.
Many merchants need to check their methods manually in Technique Tester mode with historic knowledge, in MetaTrader 5 they don’t have any entry to handle the orders manually. I created this Utility to can handle the trades in Tester mode manually.
There are lots of built-in capabilities to handle the orders like dwell mode. They are going to be described later on this handbook.
MT5 obtainable right here: https://www.mql5.com/en/market/product/107411
Key Options:
- Guide Buying and selling: Seamlessly execute handbook trades inside the Technique Tester mode, together with Purchase by Market, Promote by Market, Promote Restrict, Purchase Restrict, Purchase Cease and Promote Cease orders.
- Customization: Set parameters corresponding to Quantity Lot Dimension, Entry Worth, Stoploss (in factors), and Takeprofit (in factors) to tailor your buying and selling technique exactly.
- Danger Administration: You may set the Order/Place depend upon Mounted Worth Or Proportion of Stability of account, and Mounted Lot Dimension.
- Order Administration: Simply handle your positions and orders with actions like closing every place individually, canceling every order, closing all positions, or canceling all orders.
- Versatile Testing: Backtest Simulator helps testing on historic knowledge for any SYMBOLS and MARKETS, permitting you to evaluate your methods throughout numerous buying and selling devices.
- Danger Reward Ratio: In present model you should utilize the Danger Reward Ratio(RRR) to set the Takeprofit value depend upon Stoploss value robotically.
Settings Panel:
In Settings Panel we are able to handle the kind of order. I has some choices to deal with the all various kinds of orders in Meta Dealer.
- Course: Right here you may select the open commerce should be Purchase or Promote.
- Kind: on this choice you may choose the kind of order.
- Instantaneous Order: The order execute by value of market at execution time.
- Restrict Order: It is a pending Restrict Order, you may choose the entry value as you need.
- Cease Order: It is a pending Cease Order, you may choose the entry value as you need.
- Danger: On this choice you may choose the chance kind.
- Lot: the commerce will open by lotsize quantity that you simply set.
- Mounted: the commerce will open by quantity that’s equivalent to mounted value that you simply set.
- Proportion: the commerce will open by quantity that’s equivalent to share of your complete stability in account.
- RRR: On this choice you may lively/deactive the Danger Reward Ratio choice. When is ON, you may select the ration of TP/SL, in any other case these are free to set any worth and ratio.
- New Order Button: Whenever you press the brand new order button, you may see the management buttons to set the values of every of every above Settings and Execute Order Button.
- Orders Panel: For those who press this button, then you may see the lively orders. (This panel introduce in proceed)
Management Panel:
On this panel you may select the values of every above settings panel. The controls will proven depend upon settings that you simply chosen.
- Quantity: On this management you may choose the quantity of order. Observe: For those who select Lot in Danger Setting Panel, then right here you see quantity, if select Mounted, then right here you see Price range, and eventually if select Proportion then you definately see Proportion management.
- Entry: This management is helpful for pending orders. For those who select Instantaneous, then this feature not proven and you may’t set the entry value and entry value set by market robotically.
- Stoploss: This selection set the stoploss distance from entry level in factors. For those who do not need to set the stoploss can set it as zero.
- Takeprofit: This selection set the takeprofit distance from entry level in factors. For those who lively the RRR choice, then right here you may set the ratio.
- Quick Ahead: It is one of many management buttons to extend the worth of enter with bigger values.
- Gradual Ahead: It is one of many management buttons to extend the worth of enter with smaller values.
- Gradual Backward: It is one of many management buttons to lower the worth of enter with smaller values.
- Quick Backward: It is one of many management buttons to lower the worth of enter with bigger values.
- Execution Button: Whenever you press this button, utility learn the Settings and Management Values and attempt to create a brand new commerce with described values.
Orders Panel:
On this panel you may see the lively positions/orders and handle them.
- Image identify: The identify of image of place/order is proven.
- Quantity: The lot measurement of place/order is proven:
- Entry Worth: The entry value of place/order is proven.
- Stoploss: The stoploss value of place/order is proven.
- Takeprofit: The takeprofit value of place/order is proven.
- Revenue: The revenue/lack of place/order is proven.
- Shut/Cancle Button: If press the place/order shall be closed.
- Whole Revenue: The whole revenue/lack of all lively positions/orders is proven.
- Shut All Positions Button: If press all of the lively positions will shut.
- Cancel All Orders Button: If press all of the orders will cancel.
Observe: Positions are lively trades, Orders are pending.
You may obtain this Utility right here.
In case you have any thought or suggestion about subsequent model please remark it beneath.
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