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Review of the tester for MT4 FX Blue. Part 2 (Setting Test Parameters and Running the Tester)

Review of the tester for MT4 FX Blue.  Part 2 (Setting Test Parameters and Running the Tester)


FX Blue is a practical, straightforward, with optimum performance guidebook method tester created for installment in MT4. Where to download and install FX Blue, just how to mount it and also sign up, you can figure out from the previous evaluation. In this component, you will certainly discover just how to establish fundamental examination criteria and also run the simulator.

FX Blue simulator – configuration and also launch

In contrast with MT4, the simulator is fairly practical. Simply for enjoyable, prior to downloading and install FX Blue, run an examination on your indigenous MT4 tester and also conserve the outcome. As a result, it will certainly interest contrast both backtests.

FX Blue can be released just with the MT4 tester home window (this factor was defined in the previous component).

FX Blue-1

Below we define the adhering to criteria:

  • Sign. We show the money set on which the screening will certainly be executed. There are also a number of indices and also safeties on the listing.
  • Examination kind (design). The designs vary in rate and also precision of running. The harsh technique is required a lot more in order to, in concept, recognize just how the method is functioning. Yet also after running the “Every tick” design, do not anticipate a perfect outcome. In regards to precision, the integrated MT5 tester functions finest.
  • Day. Below we show the moment duration for screening.

Listed Below, in the “Visualization” home window, make sure to place a tick (if there is no home window, as in the screenshot over, extend the tester home window up). Visualization is the rate of scrolling the graph and also the slider enables you to change it.

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Positioning orders FX Blue

Press the “Beginning” switch, after which the FX Blue home window shows up on the graph, permitting you to by hand position orders at any kind of factor. The tester works with signs that can be used just after beginning, because the simulator opens up a brand-new home window after beginning.

FX Blue-2

In the home window for rapidly opening up bargains, you can establish the quantity of a bargain, pending orders and also open up a lengthy or brief placement in one click. Remember that the control of the graph scrolling rate is a slider in the “Visualization” column, the quit of scrolling is the “Quit” switch in the reduced ideal edge of the tester. Please keep in mind that the quit is full (that is, it is not a time out), when you reboot the examination, the examination will certainly be rebooted in a brand-new home window.

The control home window with open orders resembles this:

FX Blue-3

The money home window has a drop-down food selection. Click it with the left computer mouse switch and also a home window for taking care of all orders will certainly show up with the capability to shut all open, successful or unlucrative orders.

Pop-up food selections have various other home windows, which are called by pushing CTRL on them and also the left computer mouse switch. It is not essential to call these home windows, yet any kind of trading system offers conformity with the policies of danger administration. Excel or various other editors can be utilized. And also you can determine the optimum permitted worths of pending orders in FX Blue. Below is an instance of such a home window for determining take earnings.

FX Blue-4

In the top right edge of the order home window (to the right of the money set home window) there are 2 symbols – blue and also orange. The orange symbol enables you to show areas with innovative order setups.

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FX Blue-5

Below you can establish the adhering to worths:

  • Order kind. The tester enables you to position 8 basic and also non-standard orders. Requirement – market, pending and also restrict deal orders (6 alternatives). And also 2 non-standard compatible orders – for a network outbreak and also a pullback from the boundaries. In the very first instance, 2 pending quits are positioned and also when one is set off, the 2nd one is eliminated. In the 2nd instance, 2 restriction orders are positioned on both sides of the rate; when one is set off, the 2nd one is erased.
  • The quantity of the deal. Repaired quantity or repaired danger in the down payment money, percent of equity or equilibrium. The danger degree is computed from the defined quit size. As a result, when trading with a vibrant great deal, a dealt with quit is shown in factors.
  • Quit and also take earnings degree. It additionally shows either a dealt with quantity or a percent of danger from equity/ equilibrium.
  • Routing. Drifting quit establishing criterion.

If you left-click on the orange symbol, holding CTRL initially, the order themes home window will certainly show up. All information gone into in the order setups home window is conserved in FX Blue. They can after that be mounted on any kind of various other examined property.

FX Blue-6

In numerous locations, the simulator has tips, as in the screenshot over. Float over a food selection or symbol – a tooltip shows up.

Heaven symbol calls the setups food selection, which has a number of products:

  • Account info on the designer’s web site. Prior to downloading and install FX Blue, you signed up on it and also at the end you will certainly need to go back to it once more (we will certainly speak about this in the third component).
  • Time out screening.
  • Various other setups for positioning orders, consisting of hedging.
  • Establishing automated jobs
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Currently positioned orders and also employment opportunities can be handled straight from the graph.

FX Blue-7

When you open up a placement, a pen shows up on the graph, clicking which, you can open up a food selection with its criteria, as received the screenshot over. Having actually ordered a pen, you can by hand relocate around the chart.

In the adhering to summary, keep reading just how to evaluate examination outcomes. In the meanwhile, we suggest downloading and install FX Blue and also attempting to open up a number of bargains on it. Compose any kind of concerns regarding the tester in the remarks – we will certainly attempt to address!

About Eric R. Brinkley

CEO Fxbotreview.com Algotrader. Blogger. I write interesting content, do content with you, and also maintain a website with independent reviews of forex software. Trading robots, Indicators etc..

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