Strategy Tester

Definition

The Strategy Tester is MetaTrader's built-in backtesting tool. It simulates an EA's performance using historical data with different modeling modes: every tick (most accurate), 1-minute OHLC, and open prices only (fastest). MT5's tester supports multi-currency and multi-timeframe testing.

Related Terms

Backtesting Expert Advisor (EA)

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More Platform & Tools Terms

Expert Advisor (EA)MetaTrader 4 (MT4)MetaTrader 5 (MT5)MQL (MetaQuotes Language)Backtesting Forward Testing Demo Account VPS (Virtual Private Server)Forex Indicator Script (MetaTrader)