Strategy Tester

Strategy Tester - A feature of trading platforms (like MetaTrader or cTrader) for simulating robots on past data. The tester “replays” historical quotes, letting an Expert Advisor or cBot execute trades as if live, and records the outcomes. It produces equity charts and detailed stats (profit/loss, trade count, risk metrics, etc.). MetaTrader 5’s Strategy Tester, for instance, can test EAs on multiple currencies simultaneously. Such testers usually support different modes (e.g. “every tick” vs. “1-minute OHLC”) and include optimization and visual backtesting interfaces. They are indispensable for evaluating and tuning automated strategies before going live.