Edgezone EA Inspector

Monte Carlo Analysis Tool for Trading Strategies

The Problem

Many Expert Advisors show impressive backtest results but fail in live trading. The most common reason: over-optimization - the strategy was adjusted until it looks perfect for past data, but doesn't work for the future.

The Solution: EdgeZone EA Inspector analyzes your strategy before live trading and warns you about unrealistic parameters, hidden risks, and over-optimization.

Main Features

1. Over-Optimization Detector

• Checks for unrealistic parameters (e.g. Win Rate >85%, Reward:Risk >4:1)
• Detects Martingale, Grid-Trading, and other high-risk patterns
• Validates statistical significance of results
• Risk Score (0-100) with color coding: Green / Yellow / Red

2. Monte Carlo Simulation

• 50 Simulations with different trade sequences
• Parametric method: Generates virtual trades based on your strategy parameters
• Considers Win Rate, Reward:Risk, Trading Frequency, Spreads & Commissions

3. Scenario Analysis

• Best Case: Top 10% of simulations
• Median: Realistic scenario (50th percentile)
• Worst Case: Bottom 10% of simulations

4. Risk Metrics

• Max Drawdown, Sharpe Ratio, Ruin Probability
• Profit Factor, Win Rate, Expectancy
• Capital Curves Chart (all 50 simulations)
• R-Distribution Histogram

Data Sources

Manual Input: Enter parameters directly (Start Capital, Risk, Win Rate, Reward:Risk, etc.)

HTML Import: Save your MT5 backtest report as HTML in the MetaTrader Files folder ( MQL5\Files\ ). The tool will then automatically import all relevant data after entering the file name in the inputs field (Win Rate, Reward:Risk, Profit Factor, Number of Trades, etc.)

Use Cases

• Before Live Trading: Validate backtest results and detect warning signs
• EA Development: Test parameter sets objectively without over-optimization
• EA Testing: Analyze purchased EAs before real money deployment
• Risk Management: Determine optimal position sizes and capital reserves

Technical Details

System Requirements: MetaTrader 5, Windows 7+, 2 GB RAM, 1280x720 Display

Performance: 1-3 seconds for 50 simulations, no internet connection required

How to Use

1. Drag tool onto chart → opens own window
2. Enter data (manual or HTML import)
3. Click "Run Simulation" → results after 1-3 seconds

Documentation

A complete user manual (German & English) is available with:

• Step-by-step instructions
• Interpretation of results
• Best practices & FAQ

Important Notices

• This tool does not execute automatic trades
• There are no profit guarantees
• Past performance is no guarantee of future results
• All simulations are based on historical data and assumptions
• Trading involves risk of loss - only risk capital you can afford to lose

Recommendation: Always test strategies on a demo account first and listen to the warnings of the over-optimization detector.

Support & Contact

For questions, support, or to receive the manual, contact us via our MQL5 Seller Profile by direct message.

Other Tools: More trading software in our Product Overview.

Your Opinion Matters

This tool is 100% free and continuously being improved.