Today we have released the beta version of MetaTrader 5 Strategy Tester. This program is the integral part of the MetaTrader 5 Client Terminal being designed for the purposes of testing and optimization of MQL5 Expert Advisors.
With the testing you can assess the qualities of your Expert Advisor on history data before launching it in real trading. Optimization allows choosing the most profitable parameters for your Expert Advisor making it a real efficient one. The Strategy Tester is an indispensable tool for developers of Expert Advisors. It is almost impossible to develop a profitable an error-free Expert Advisor without the tester.
As compared to the tester in MetaTrader 4, the new MetaTrader 5 Strategy Tester is a more powerful and accurate tool. It has obtained the new function of distributed optimization that will be useful in work with compound Expert Advisors. Besides that, the Strategy Tester offers efficient testing of multi-currency Expert Advisors.
"The Strategy Tester is the last component from the set of required tools for efficient development of Expert Advisors. This set also includes the MQL5, MetaEditor, debugger and execution module in the MetaTrader 5 terminal. The absence of a tester was the last obstacle to the wide possibilities provided by the MQL5 environment. We hope that together with the release of MetaTrader 5 Strategy Tester, the number of new MQL5 Expert Advisors will sharply increase", - the senior developer of MetaTrader 4/5 terminals and MQL4/5 said.