Guide to Backtest Boomerang semi-auto MT4

Clip Guide Backtesting (EA) Boomerang semi-auto in MetaTrader 4 (MT4)

1. Install Your EA:
   • First, ensure your EA is installed in MT4. Go to File > Open Data Folder, navigate to MQL4 > Experts, and place your EA file there. 

2. Open the Strategy Tester:
   • Click on the Strategy Testerbutton in MT4 (not available in the mobile version). 
   • The Strategy Tester window will appear at the bottom of your screen 

3. Configure the Settings:
   • In the Strategy Tester, select your EA from the dropdown list.
   • Choose the currency pair you want to backtest.
   • Set the date range for testing.
   • Leave the modeling type as “Every tick.”
   • Select the timeframe chart you want to test.
   • Keep the spread as “Current.”

4. Set your desired Expert Advisor (EA)Inputs 

5. Dowload data ( Data bar)

Tool --> History --> pair --> Timefame --> Download

6. Start the Backtest:
   • Click the Start 
   • The green bar will move from left to right as the test progresses.

7. First Oder Buy hand

Oder SELL:

Line B higher Line A

Distance AB 2000 Point

Volume = 0.01 Lot ( In the SET)

EA status Running

---> Click SELL

Oder BUY:

Line B lower Line A

Distance AB 2000 Point

Volume = 0.01 Lot ( In the SET)

EA status Running

---> Click BUY

8. Analyze the Results:

• After the test completes, review the backtest report. Pay attention to 
• Drawdown amount (related to initial deposit).
• Maximum consecutive losses in money.
• Other relevant statistics 

• Visualize the Graph:

• Check the graph to understand the EA’s performance visually.