One of the most important and expected updates in the fifth version of the terminal is the multicurrency strategy tester. Now, traders have unlimited possibilities for testing and optimizing the Expert Advisors that trade several symbols.
Report on EA testing results has been significantly expanded. It includes additional statistics, allowing to better evaluate a trading strategy. Now traders can analyze the recovery factor, the Sharpe ratio, position holding time and many other characteristics. Over 40 characteristics are available in the tester report.
The graphical component of the testing report has also expanded considerably. In addition to balance and equity graphs, the tester visualizes the time distribution of position entering and profit/loss (hourly, weekly and monthly):
In addition, it generates graphs of distribution of profits and MAE/MFE, as well as distribution of profits and position holding time.
MQL5 Cloud Network allows organizing the exchange of computing resources between those who need them, and those who can provide idle CPU time of their computers. With the MQL5 Cloud Network a trader can use the computing power of thousands of agents around the world. Optimization, which would take several years if using only one computer, can now be run in a few hours.
To use the network, just open the strategy tester and enable the use of cloud agents.
In addition to using the MQL5 Cloud Network, you can provide your CPU computing power in the network and earn money. To do this, you do not even need to install the MetaTrader 5 client terminal. Download the specially created installer that allows you to quickly and easily install the MetaTester, an application for managing remote agents on the computer.
After a simple setup you join the MQL5 Cloud Network and start earning. Statistics on the use of the network and your earnings for the CPU power provided is conveniently collected in your profile on the MQL5.community in just one click. Information about agents will appear in your profile immediately after they fulfill their first task.
It is said that a picture is worth a thousand words. In the strategy tester you can analyze optimization results in visual mode. Here is the two-dimensional visualization of the optimization. The darker the shade of green is, the higher is the value of optimization criterion: