What is MT4 Strategy Tester?

When I was new to Forex I kept trying to test EA's on demo account by typing in settings in the inputs, and then waiting a day for the EA to trade...only to come back and adjust the inputs and wait another day or two etc. But then the day finally came when someone told me about MT4 Strategy tester which you can access in the "View" tab (see video below).

With MT4 Strategy Tester you can experiment with different inputs within my EA's. You can also choose a deposit size to test with, as well as choose a currency pair and trade chart time you want the EA to operate on during the test.

You don't have to use the default settings in my EA's. Not every one will be trading with the same lot size, and not every one has the same deposit size etc. 

Watch Video: How To Use MT4 Strategy Tester