How to optimize the settings of simple EA.
in case the EAs and indicators are already installed in Metatrader.
- Open 'Strategy Tester' (in Metatrader's menu - go to 'View' and 'Strategy Tester'; or press Ctrl+R).
- make sure that the data you are using for optimizing is giving you 90% modelling quality. How to make sure? Backtest for the same time period with same timeframe as you will use for optimizing (watch video).
- optimization (watch video).
- save optimized settings to pre-set file (you can load this settings pressing 'Load' if you will need it some day);
I used well-known simple EA (Frank_mod EA modified for elite section by Kalenzo).
If the members are asking you about the settings of some EA so the best way is to post pre-set file (other people will easy load this file so no need to type/change the settings manually).
Watch small video attached.
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Download Winrar from
here (to open attachment)
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