The Metatrader Back Testing And Optimization Course is for those traders who seriously want to make money with forex robots. Now, if you have been chasing one forex robot after another, you must be feeling frustrated and thinking that you have been scammed again and again by the forex robot vendors. Nothing seems to work! Well, now with this Metatrader Back Testing and Optimization Course things will start working and soon you will have the skills and the tools to make any forex robot start making money.
The Metatrader Back Testing and Optimization Course was previously known as, “The Guide To Getting Rich With Forex Robots.” Some times back this Forex Robot Back Testing and Optimization Course was launched by Rob Casey and Nick Fields. Both were expert at automated trading. Rob Casey was a particle physicist who previously was working for CERN, the premier European particle physics lab that made some ground breaking discoveries in the subatomic particles. Rob developed the passion for automated trading and switched over to automated forex trading. Recently, he had some health problems so he was not able to devote himself to this project. He left and he has been replaced with Stewart Young who has extensive experience as a commercial forex software developer. The old name was a bit confusing so the new team changed the name to the “Metatrader Back Testing and Optimization Course”.
FREE Report-How To Make $20K to $50K Per Month With Your Forex Robots And Almost Zero Starting Capital
In The Guide To Getting Rich With Forex Robots, you will learn an amazing strategy used by some forex traders to make $20K to $50K per month and even more with their forex robot portfolio with almost zero risk and zero starting capital. This is an amazing report that will open your eyes to the power and potential of trading with a forex robot portfolio. This is a very safe low risk strategy that you should now miss! Another misconception that traders have is that their robot needs to make monthly returns like 50-100%. High return means taking on high risk. Even a small return like 10-20% per month when compounded over time can make a fortune. The most important thing when trading with forex robots or for that matter when trading with any system is to keep the risk as low as possible. If you can achieve a return like 15% per month with a risk of 2%, I think it is far better than achieving a return of 50% per month with a risk of 8%.
Basic Metatrader Back Testing
This is the module#1 of this course. The problem with most traders is that they have no idea how to do a back test on MT4. Back Test is one of the first steps you need to take when trading with any new automated trading system. It will give you important information on the performance parameters of the forex robot. Many traders even don’t know how to open the Strategy Tester window. They have no idea what will be the spread during the back test. They have many basic questions like what is the highest level of modeling quality that can be achieved with backtesting. If you take a careful look at most of the back testing results shown on the forex robot sites, you will find the level of accuracy to be 90%. Now, a 90% level of modeling quality reveals many things but what you need is to learn how to achieve a 99% level of back testing modeling quality on MT4. This 99% accuracy level in back testing will reveal many many things that have been missed by the 90% accuracy test. Many traders don’t know how to achieve a 99% accuracy back test on Metatrader. But now you will with this Metatrader Back Testing and Optimization Course.
Tick Data Back Testing
In this module, you will learn how to achieve 99% accuracy back test modeling quality with Tick Data Back Testing. You will learn how to acquire the tick data and then convert that tick data to the Metatrader format. This is very important. In this module, you will learn how to get your hands on the FREE tick data and then use it to achieve 99% modeling accuracy.
Risk and Money Management
Risk and Money Management is covered in module#3. Risk and Money Management is one of the most important components of any trading system and more so for an automated trading system. In this module, you learn proper position sizing, the risk of ruin and what it has to do with the drawdown. Capital preservation must be your number one rule in trading. Live to trade another day! This should be your motto. This module will show you how to use proper risk and money management.
Optimizing Your Forex Robot
This is the most important module of the Metatrader Back Testing and Optimization Course. This is what you want, optimized setting for your forex robot that give the best return with the lowest risk. Many traders don’t know how to do it. In this module, you will learn how the optimization tool works in Metatrader and how to do basic optimization plus you will also learn what not do when optimizing your forex and how to avoid over optimizing. In this module, you learn how to optimize your forex robot the proper way, get the optimized setting and then validate those setting. There is a video example of a proper walk forward optimization available as well.
Building A Forex Robot Portfolio
In this module you will learn how to build your own winning forex robot portfolio and trade with multiple robots. You will also learn portfolio account management. Trading with multiple robots involves some correlation risk that you must know how to calculate and reduce when developing a forex robot portfolio.
Suppose, you are interested in developing your own winning forex robot portfolio, another resource that you can combine with this Metatrader Back Testing and Optimization Course is the Forex EA Lab developed by Mark Larsen. Mark Larsen is also an accomplished forex robot trader and is well known in the forex robot community. He has developed this Forex EA Lab where he has posted live trading results for over 100+ commercial and free forex robots. These detailed live trading statistics for over 100+ forex robots can help you decide which forex robots to include in your portfolio. Testing and optimizing a forex robot can be a lengthy procedure. Forex EA Lab can give you testing results as well as optimized settings for over 100+ robots. This can save a lot of your time. Mark Larsen and his team add one new forex robot every week. So, when you will join, there will be many new additions to the review list.
Metatrader Backtesting and Optimization Course frequently gets updated with new content by Nick Fields and Stewart Young. Metatrader Back Testing and Optimization Course is a very good online resource for those traders who are serious in making their forex robots work and developing a forex robot portfolio.