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Review of the tester for MT4 FX Blue. Part 3 (Functionality and analysis of test results)

Review of the tester for MT4 FX Blue.  Part 3 (Functionality and analysis of test results)


The FX Blue tester is made for hands-on technique screening. The significance of the procedure itself depends on the truth that you open purchases on the graph in hands-on setting, after which the simulator reveals the efficiency of the system. Hassle-free features have actually likewise been included in it: added orders for trading systems based upon network methods (automated opening of bargains when touching boundaries or damaging them), order monitoring home window, and so on. You can check out just how to mount and also set up the tester in previous evaluations.

FX Blue tester – evaluation of technique outcomes

Examining begin with the day gone into in the reduced control board of the simulator, which remains in truth straight pertaining to the major integrated MT4 simulator. Examining can be disturbed any time – the symbol to the right of the scroll bar in the “Visualization”. The 2nd choice is to click heaven symbol in the order monitoring home window and also pick the time out product. The time out permits you to:

  • Adjustment the scrolling rate.
  • Examine essential variables (FX Blue does not instantly upgrade information and also tons them to the graph).
  • Quit screening entirely by considering the existing earnings.

Evaluation of open orders

FX Blue has lots of features copied. As an example, info on orders can be contacted a different home window (this was reviewed in the 2nd component), or you can float over the order pen and also consider the pop-up home window, where the open cost, order instructions and also quit will certainly be suggested.

FX Blue-8

An open order pen is an arrowhead to the right (as in the screenshot), shade – blue or red, relying on whether the setting is brief or lengthy. A shut order is suggested by an arrowhead aiming in the contrary instructions. Each order is phoned number, consequently, by floating over the triangular, you can see which setting and also just how it was shut (by quit, take earnings, or by an investor in hands-on setting).

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Smart- Lines. A special feature of screening methods for the established accessory degrees. Select a line from the MT4 devices, attract it on the graph when the tester is running, press Alt and also left-click on the line, calling the feature setups home window.

FX Blue-9

The feature includes establishing the limits of the networks (for straight and also angular lines), along which professions will certainly be opened up or shut. Upright lines (connected to the timeline) enable you to shut orders early at any kind of factor in the marketplace. Just how valuable this feature is is a moot factor, yet it might serve to a person. In the directions, it is called “Line trading” (an independent trading system).

Just how to check at various durations … This feature is not offered in the MT4 simulator, yet it remains in the FX Blue tester. In the reduced screening control board, pick the moment period that will certainly be the major one. After that we push the switch “Professional homes”, most likely to the “Input specifications” tab and also define several periods of rate of interest.

FX Blue-10

We conserve the modifications. We go back to the tester, run it on the major per hour period. Next off, click “File-Open Offline” and also open up the documents with the conserved theme with the preferred duration (it will certainly be noted “! SIM”). Currently screening will certainly run concurrently in a number of home windows. Real, this will certainly more than likely influence the rate of MT4.

Evaluation of the outcomes

Examining ends either when it comes to a forced quit (” Quit” switch), or when the graph has actually gotten to completion day defined in the tester control board. The examination outcome is presented in the web browser, instantly opening up on the designer’s website. The food selection is partially Russian, partially English. In the tabs you can see the earnings, loss, the variety of open professions, the proportion of winning professions to shedding professions, threat analysis, and so on

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FX Blue-11

Evaluation of examination outcomes is not simply a backtest discharging. This is packing the examination results right into an independent software application logical complicated of the FX Blue tester designers, partially evocative the performance of the MyFxBook surveillance system. As well as in this, the simulator wins a great deal over MT4, which merely submits data to a different documents, supplying the investor to take care of the numbers and also information organizing himself. As a pointer, trading data evaluation is not offered without signing up an account on the FX Blue site.

Negative Aspects of the FX Blue tester:

  • Not all performance functions as it should. When I attempted to open up the account order monitoring home window in the setups, the tester hung up and also I needed to reapply the signs. Often the tester would certainly simply all of a sudden quit screening.
  • You can closed an order retroactively, you require to reboot screening. That is, you can not stop the FX Blue tester, rewind background and also open up a bargain where there were questions. Theoretically, this is defense versus backtesting counterfeiting (as an example, when the system is meant to be offered). Yet on the various other hand, absolutely nothing avoids you from beginning the simulation once again, simply squandering even more time.
  • There are scrolling concerns in the visualization. The optimum setting on the range is 32 and also it would certainly be rational if the rate raised proportionally. Yet when establishing a worth of 32, the whole chart zip in a couple of secs.
  • The tester functions just in MT4 setting. There is likewise a variation with very little performance for MT5, yet given that investors favor MT4, the designers made a decision not to lose their power. Nevertheless, they did not entirely get rid of all the insects for MT4 either.
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Outcome … The FX Blue tester is an intriguing program for evaluating the efficiency of hands-on methods. It has its very own special functions and also defects. Yet it likewise has its very own toughness. If we contrast backtests of various testers with the very same quotes and also screening versions, there will certainly constantly be inconsistencies – this is because of distinctions in cost estimations, redrawings (lots of testers have this trouble), and so on. Yet if on 3 simulators the technique revealed favorable outcomes with small inconsistencies, they can be taken into consideration pertinent.

Ask concerns in the remarks!

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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