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Trading Simulator in StrategyTester MT4

40 USD

Demo downloaded: 18

Published: 15 February 2025

Current version: 1.5

Trading Simulator in StrategyTester MT4

Name: Trading Simulator in StrategyTester MT4
Price: 40.00 USD
Rating: 5 (1 reviews)
Author: Sandro Begashvili

Utilities
Sandro Begashvili
Sandro Begashvili
Georgia

955
5 (5)
Sandro Begashvili - MQL5, MQL4, Python and Pine Script developer
I build trading software for MetaTrader 4 and MetaTrader 5: Expert Advisors, custom indicators and graphical trade panels. Describe your idea and I will turn it into working, documented code.
WHAT I BUILD

4 products 1 comment
Version: 1.5
Updated: 15 May 2025
Activations: 5

Rhino Backtest Manager - Trade Manager for Live Trading and the Strategy Tester

Rhino Backtest Manager is a trade management panel that works both in live trading and in the MetaTrader 4 Strategy Tester. It allows you to place and manage orders manually inside the tester using the same interface as on a live account, so a strategy can be tested on historical data and then traded without changing tools.

The panel calculates position volume from your risk settings, shows the money value of every stop loss and take profit before the order is sent, and keeps a record of results by day, week, month and account lifetime.

User manual: How to use the product

Free demo version: Download the demo

MetaTrader 5 version: Rhino Backtest Manager for MT5

The fonts supplied on the manual page must be installed before the first run. Without them the panel is not displayed correctly.

Features

Dual mode. The same panel runs in live trading and in Strategy Tester mode.

Order types. Instant, limit and stop orders, with the entry price adjustable before sending.

Risk settings. Stop loss, take profit and a risk-reward ratio can each be switched on or off.

Volume calculation. Position size can be set as a fixed lot, as a fixed amount in the account currency, or as a percentage of the balance.

Trade list. Open positions and pending orders are listed with volume, direction, entry price, stop loss, take profit and current result. Trades can be closed one by one or all at once.

Statistics. Account figures, win rate by direction, and net profit for the current day, week, month and the whole account history.

Market watch. Bid and ask prices for the symbols in Market Watch, with a click to open the chart of a symbol. Available in live trading.

Chart labels. Each trade is marked on the chart with its entry line, volume and current result, together with a button to close it.

Day result. A separate window shows the net result of the current trading day in a large font.

Themes. The interface can be switched between a dark and a light colour scheme.

Indicators in the tester. Save your chart as a template named tester.tpl and your indicators are loaded automatically when the tester runs.

Windows

Window	Contents
Main panel	Opens and closes the other windows, switches the colour scheme, shows or hides the chart labels
Control panel	Direction, volume mode, order type, stop loss, take profit, risk-reward ratio, entry price and the order button
Trade box	Price level, distance in pips and money result for the stop loss and the take profit, with symbol, volume, order type and entry price
Trades window	Positions and pending orders, with individual and batch closing, and the combined result if all stops or all targets are reached
Statistics window	Account figures, trade counts and net profit by period
Market watch window	Bid and ask prices with chart switching, in live trading
Day result window	Net result of the current trading day
Chart labels	Entry line, volume and current result for each trade, with a close button

Statistics

Account	Trades	Net profit
Balance	Number of trades	Today
Equity	Win rate	Current week
Free margin	Long trades and their win rate	Current month
Margin level	Short trades and their win rate	Whole history

Differences between the two modes

Function	Live trading	Strategy Tester
Instant, limit and stop orders	Yes	Yes
Stop loss, take profit, risk-reward ratio	Yes	Yes
Trades window and batch closing	Yes	Yes
Statistics window	Yes	Yes
Chart labels	Yes	Yes
Dark and light theme	Yes	Yes
Market watch window	Yes	No
Moving stop loss and take profit by dragging	Yes	No
Typing values with the keyboard	Yes	No

MetaTrader does not accept keyboard input inside the Strategy Tester. In tester mode all values are set with the arrow buttons, which change a value by one step or by ten steps.

Getting started

1. Install the fonts from the manual page.

2. Attach the product to a chart, or select it as the expert advisor in the Strategy Tester.

3. Open the control panel from the main panel and choose buy or sell.

4. Choose how the volume is calculated and select the order type.

5. Switch on the stop loss, take profit and risk-reward ratio you need, and set the levels with the arrow buttons or, in live trading, by typing them.

6. Send the order and manage it from the trades window.

Questions and answers

Does it work inside the Strategy Tester? Yes. Order handling, risk settings, statistics and chart labels are all available while the tester runs in visual mode.

Is there a demo? Yes, a free demo version is linked above.

Is there a version for the other platform? Yes, the MetaTrader 5 version is linked above.

The panel is not displayed correctly. The fonts are not installed. Install the fonts from the manual page.

Can I use my own indicators while testing? Yes. Set up the chart in live trading, save the template under the name tester.tpl, and the indicators are loaded when the tester runs.

Which symbols and timeframes are supported? All symbols and timeframes offered by your broker.

Why can values not be typed in the tester? MetaTrader does not accept keyboard input in the Strategy Tester. Use the arrow buttons instead.

Questions and suggestions are welcome by private message.

more...

Screenshot #1 Trading Simulator in StrategyTester MT4

Screenshot #2 Trading Simulator in StrategyTester MT4

Screenshot #3 Trading Simulator in StrategyTester MT4

280

reign777 2025.04.22 17:44 #

Sandro is extremely helpful and quick to support this product with fixes and upgrades. One of the very few products that displays your risk at full stop out for your each and all trades.

Excellent tool for managing risk, placing trades and displaying your account performance.

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Telegram to MT4: The Ultimate Signal Copying Solution Streamline your trading with Telegram to MT4 , the cutting-edge utility designed to copy trading signals directly from Telegram channels and chats to your MetaTrader 4 platform—without the need for DLLs. This robust solution ensures seamless execution of signals with unparalleled precision and customization options, saving you time and boosting your efficiency. [ Instructions and DEMO ] [ FAQ ] [ How atach logs properly ] [Settings descrition

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Rhino Backtest Manager - Trade Manager for Live Trading and the Strategy Tester Rhino Backtest Manager is a trade management panel that works both in live trading and in the MetaTrader 5 Strategy Tester. It allows you to place and manage orders manually inside the tester using the same interface as on a live account, so a strategy can be tested on historical data and then traded without changing tools. The panel calculates position volume from your risk settings, shows the money value of every

40 USD

Rhino PDF Trade Report — export your MT5 trading history to PDF Turn your MetaTrader 5 account history into a clean, print-ready PDF trading report in one click. Run the script, pick a date range or a number of trades, and get a document you can send to an investor, attach to a prop-firm application, file for your accountant, or keep as a trading journal. No screenshots, no spreadsheets, no copy-paste. Free. What you get Page 1 — performance overview Net result, number of trades, win rat

FREE

Rhino PDF Trade Report — export your MT4 trading history to PDF Turn your MetaTrader 4 account history into a clean, print-ready PDF trading report in one click. Run the script, pick a date range or a number of trades, and get a document you can send to an investor, attach to a prop-firm application, file for your accountant, or keep as a trading journal. No screenshots, no spreadsheets, no copy-paste. Free. What you get Page 1 — performance overview Net result, number of trades, win rat

FREE

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reign777 2025.04.22 17:44 #

Sandro is extremely helpful and quick to support this product with fixes and upgrades. One of the very few products that displays your risk at full stop out for your each and all trades.

Excellent tool for managing risk, placing trades and displaying your account performance.

955

Reply from developer Sandro Begashvili 2025.04.23 07:18 #

Thank you for your great review! If you have any additional ideas or come across any bugs, please don’t hesitate to let me know. I’m always eager to hear your feedback and work on improving the Trading Tool.