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Some applicants think that automatic tests of Expert Advisors are a mere formality, which is not really important for the Championship. They ignore the fact that such tests are objective and valuable experience for automated trading system developers. Here we present an overview of the most common errors revealed during the tests, as well as tips to fix them.
How to Read Error Reports
Each submitted Expert Advisor undergoes the automatic tests. Their results are fixed in "Discussion" section of the applicant's profile. Here is a typical test report containing error messages:
Dear [Participant_Name],
Errors found in your Expert Advisors during checking:
We have replaced the applicant's name and the name of the trading robot with [Participant_Name] and [ExpertAdvisor_Name], respectively.
In this report, we see many errors of two kinds:
insufficient funds for performing trading operations - not enough money
invalid volume in a trade request - Invalid volume
Besides, the report contains the following two final lines:
796 kb of log files - logs size during the test of the Expert Advisor,
50 trades, 639 deals, profit 24796.34 USD - number of trades and deals, as well as profit gained according to test results.
The final line shows the total number of detected errors. If a report contains at least one error, such a trading robot will not be accepted for the Championship. The above Expert Advisor has gained $24 796 of profit but has failed the tests all the same.
The full text of the news can be found at the Championship website - How to Fix Errors in Trading Robots.
The sponsors of the Automated Trading Championship 2012 are Alpari (UK) Limited, United World Capital and RoboForex LP.