Discussion of article "How to Test a Program Before Buying it from MQL5 Market"

[MetaQuotes]

New article How to Test a Trading Robot Before Buying it from MQL5 Market is published:

MQL5 Market allows you to test a trading robot and its features before buying it. Every Expert Advisor offered in MQL5 Market comes with a demo version that can be tested in the Strategy Tester. It is quite simple and does not take much of your time.

Thus, any trader can independently assess the real earning power and risk characteristics of a trading robot. Read the article "How to Test a Trading Robot Before Buying it from MQL5 Market" to verify the stated program parameters and assess its trading efficiency.

Author: MetaQuotes

[Vladislav Andruschenko]

MetaQuotes:

Published article How to Test a Programme Before Buying in MQL5 Market:

Author: MetaQuotes

Hello,

is the issue of testing in the tester still unsolved regarding the panels?

[Slava]

Vladon:

Hello,

is the question about the panels still unresolved about the tester tests?

Not yet.

[Moses Olawale Ajayi]

Very helpful.

Thanks

[Ken McCormick]

MetaQuotes:

New article How to Test a Trading Robot Before Buying it from MQL5 Market is published:

Author: MetaQuotes

When testing a trading robot, one key factor is to consider the need, to run the robot in the same type of price pattern, that it traded in, when it was designed. In other words, If you use a robot designed on past price feeds of a Bull Market, you need to be sure to run the trading Robot, in a current Bull Market. The Trading Robot will not have the same results in a Bear Market. One would need to look at the trades, compare to the past market, and determine if the current market is in the same trending pattern, and predict how long it will probably last. What is the top and bottom of the trend? You need to know this, because trading the Robot in the wrong market conditions will probably result in losses. Let's say you are analyzing a Robot that traded in a back test for one year. Was the market for that year in a Bull Trend or a Bear Trend? Is the current Market trending Bullish, or is it trending Bearish? Where is the price, in the trend? At the beginning of the trend, in the middle, or at the end. Run the signal Accordingly. The identification of trend direct must be known, and the probability of future market direction must be accurately predicted.

[Simon Gniadkowski]

KenMcCormick:
When testing a trading robot, one key factor is to consider the need, to run the robot in the same type of price pattern, that it traded in, when it was designed. In other words, If you use a robot designed on past price feeds of a Bull Market, you need to be sure to run the trading Robot, in a current Bull Market. The Trading Robot will not have the same results in a Bear Market. One would need to look at the trades, compare to the past market, and determine if the current market is in the same trending pattern, and predict how long it will probably last. What is the top and bottom of the trend? You need to know this, because trading the Robot in the wrong market conditions will probably result in losses. Let's say you are analyzing a Robot that traded in a back test for one year. Was the market for that year in a Bull Trend or a Bear Trend? Is the current Market trending Bullish, or is it trending Bearish? Where is the price, in the trend? At the beginning of the trend, in the middle, or at the end. Run the signal Accordingly. The identification of trend direct must be known, and the probability of future market direction must be accurately predicted.

You can only test before you buy in the Strategy Tester . . .

[Sergey Guliaev]

I went to the market here, tried to install the demo version, the MT4 terminal opened, and nothing happens further.

[Viktor Mossekhin]

valenok2003:
I went to the market here, tried to install the demo version, the MT4 terminal opened, and nothing happens further.

See the path: Expert Advisors->Market

From there you can test it.

[Arhey]

vicmos:

See the path: Expert Advisors->Market

You can test from there.

Can you tell me in which build of MT4 the market is available?

[Vladislav Andruschenko]

Arhey:
Can you tell me in which build of MT4 is the market available?

в 573

Market is still at the testing stage and is available only after a certain procedure.

http://forum.mql4.com/ru/60074/unread#unread

[valeriy odintsov]

why not oblige sellers to test their goods on their own real accounts before selling?

10 quid per account - a month of testing on real accounts would be the best test for the buyer. either the seller will lose his money (not the buyer's) or he will earn extra money and get publicity for his product.