Backtesting in MetaTrader5 (MT5) allows traders to test trading strategies using historical data. Follow these simple steps to backtest your strategy efficiently.

Step 1: Open Strategy Tester

Launch MetaTrader5, and from the bottom panel, select the “Strategy Tester” tab. Alternatively, press Ctrl+R.

Step 2: Select Expert Advisor

In the Strategy Tester, choose your Expert Advisor (EA) from the dropdown menu. Ensure the EA is compiled and available in MT5.

Step 3: Configure Settings

Set the symbol (e.g., EURUSD), timeframe, date range, and modeling type (e.g., Every Tick for accuracy). Adjust the EA’s input parameters as needed.

Step 4: Run the Backtest

Click the “Start” button to begin the backtest. MT5 will process the historical data and display results in the “Graph” and “Results” tabs.

Step 5: Analyze Results

Review the backtest results, including profit, drawdown, and trade statistics. Use the report to optimize your strategy if necessary.