Forex Robots: Automate Your Trading - Practice EA Included!
Forex Robots - Learn the secrets to trading Forex in MetaTrader 4 with Automated Forex Trading Systems
4.65 (4548 reviews)

35 306
students
5.5 hours
content
Mar 2023
last update
$109.99
regular price
What you will learn
Use the Strategy Tester in MetaTrader 4
Import Historical Data into MetaTrader 4
Perform Backtests of Forex Robots
Perform Forward Tests of Forex Robots
Optimize Forex Robots
Run Demo Tests on multiple MT4 terminals simultaneously
Run meaningful Real Tests of Algorithmic Trading Systems
Apply a tried & tested Stability Criteria to FX Robots
Set limitations for MT4 Optimizations
Take advantage of the Genetic Algorithm and 2D-surface in MT4
Schedule Ongoing (Rolling) Optimizations for their Systems
Export Optimization Results into Excel
Calculate and Apply the Recovery Factor of FX Systems
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Our Verdict
Forex Robots: Automate Your Trading offers a practical exploration of MetaTrader 4's backtesting and optimization capabilities. While the course content could benefit from updates, particularly catering to users with access to MetaTrader 5 and expanding on statistical relevance during test periods, learners still receive valuable insights into Forex trading systems. Despite some technical issues and the unavailability of certain resources or links mentioned, this course remains a worthwhile starting point for those seeking to understand and perform backtesting and optimization.
What We Liked
- Detailed coverage of MetaTrader 4's Strategy Tester for backtesting and optimization
- Clear instructions on importing historical data, performing backtests and forward tests
- Actionable tips for setting limitations and applying a stability criteria to FX robots
- Comprehensive guidance on running demo tests simultaneously on multiple MT4 terminals
Potential Drawbacks
- Course content appears dated, with some students using MetaTrader 5 instead
- Optimization examples seem simplified or statistically insignificant in certain sections
- Some resources mentioned within the course are no longer available or not functioning
- Sporadic issues in video playback during specific lessons reported by some students
Related Topics
260470
udemy ID
13/07/2014
course created date
03/11/2019
course indexed date
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