Discussion of article "Visualizing trading strategy optimization in MetaTrader 5"
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
New article Visualizing trading strategy optimization in MetaTrader 5 has been published:
The article implements an MQL application with a graphical interface for extended visualization of the optimization process. The graphical interface applies the last version of EasyAndFast library. Many users may ask why they need graphical interfaces in MQL applications. This article demonstrates one of multiple cases where they can be useful for traders.
Let's try to optimize the parameters and see how it looks on the terminal chart. Tester settings: EURUSD H1, time range 2017.01.01 – 2018.01.01.
Fig. 5. Showing Moving Average EA result from the standard delivery
As we can see, it turned out to be quite informative. Almost all results for this trading algorithm are negative (95.23%). If we increase the time range, they become even worse. However, when developing a trading system, we should make sure that most results are positive. Otherwise, the algorithm is loss-making and should not be used. It is necessary to optimize the parameters on more data and ensure there are as many trades as possible.
Author: Anatoli Kazharski