The strategy tester is an essential tool for traders and it is available for the platform Metatarder 5 too. With this tool we are able to test an Expert Advisor and the strategy that it produces on historical data and see what results we achieved in the past. In addition to this also it allows us to test indicators and realize the correct functioning of software and how it possible to improve it.
The SuperTrend is a widely used indicator and appreciated by traders and is present for different trading platforms. It 'a trend-following indicator that signals the primary trend, and that allows us to get both of the input signals and output. The SuperTrend has the great merit to work well on any timeframe and in any financial instrument, and is well suited for use either alone or in conjunction with other indicators. Here I describe my version of SuperTrend for JForex platform.
The new MetaTrader 5 has another interesting feature regarding the strategy tester, which is the ability to test the strategy with real prices, tick after tick, provided by the broker. Using real tick you will have more reliable tests because you will have a spread variable instant after instant just as in reality.
We continue to analyze the new features of Metatrader 5 and speak today of the new close operation, the Close By. This new operation was introduced for Hedging Account and allows you to close a position through another position in the opposite direction on the same symbol. The result depends on the lots of the two positions.