MTREPORT 4
Contents
1. Monte Carlo simulation Results Perfect ja5y Error rate pz Risk of ruin jose Drawdown pao Runs Deviation erg Protit trade oz Return Ee Balance Notice that the relative return and drawdown are about the same as the run with 500 and 1 mini lot This is exactly what we would expect Also notice that the risk of ruin is 0 9 meaning that in 9 of 1000 runs we experienced a drawdown of 30 or more This is still acceptable since we are running this test with a deposit slightly below the minimum Try the Minimum deposit simulation again to confirm that 5000 is enough to trade 10 mini lots Also try to use 1 standard lot which should give the same result The minimum deposit needed to trade 1 mini lot was about 500 You could also try to trade 1 mini lot per 500 Set Fixed mini amount to 500 check the appropriate radio button and start the simulation You will notice that the return will be a little bit more because of the compounding Let s go back to 10 mini lots per trade and select the Minimum trades simulation with runs set to 100 This will take some time but after completion it will show a minimum number of trades between 100 and 200 So what does that mean r RiskSim RiskSim Trade settings Trading system __ Simulation Minimurn H of trades return larger than drawdown C Initial deposit as in original statement Awg profit pips E tc Initial deposit 5002. MTREPORT 4 0 User s Manual FF P ee ye AE a i A T E E A L MT N p LAT L A Anu PAP ean aw rer sassa ERSO E n ss TREATISES LST IAS l wenuseaeegnn L TALAREZRRAH To ETA ECM SR AZAR L S anssesanca FR FT T G k HO d ssssssssssssd E E Torr i 327124323223274 nman i P P P a i f 2006 2015 Thijs van Vliet www mt4tools com build 1042 jun 2015 General description MT Report 4 0 is a software utility for analysing report files generated by MetaTrader MetaTrader is a Windows application by MetaQuotes Software Corporation a company that develops and implements professional high quality online trading platforms for automated online brokerage services in Forex CFD and Futures markets www metaquotes net After a period of trading with MetaTrader either on a demo or a live account a trading statement can be generated by MetaTrader The statement is called a report and it is saved in HTML format so it can be viewed in browsers like IE or FireFox Since the report is just a list of trades it is not always easy to assess the merits of your trading strategy just by looking at the trade list For instance when you are trading multiple currencies the trades on one currency pair may have been profitable while trading another pair may have resulted in a loss It is not easy to find this kind of information in the report With MT Report 4 0 it is poss
3. Min trades Only visible for Minimum trades simulations The minimum number of trades needed before you can expect to have a return larger than your drawdown Error rate This is an indication of the validity of the results The error rate is solely dependent on the number of trades The more trades you use the lower the error rate is and the more reliable the results are Risk of ruin This number shows the percentage of runs that had a drawdown larger than the maximum drawdown you entered in the Trading system section You want this number to be as low as possible Drawdown This is the average drawdown experienced during all simulation runs Deviation This gives an indication of how far the minimum and maximum balance results for all trades of the simulation are apart Profit trade The average profit per trade This is calculated not simulated Profit trade average profit wins average loss 100 wins 100 Balance The average ending balance of all simulation runs Return The average return percentage of all simulation runs RiskSim simulator example Let s go over an example to show what RiskSim is all about Lets assume you have 5000 to trade and are willing to withstand a maximum drawdown of 30 Your trading system has the following Statistics Average win 3 pips Average loss 4 pips Percentage wins 60 Trades per year 1000 Would you trade this system What would your lot size be How much would you make per
4. Note that random numbers are used to determine the outcome of trades so every time you run the simulation you may have different results In this case the deviation of about 0 6 tells us that we don t need to worry too much for now Hover your mouse pointer above the balance box to see the minimum and maximum ending balance of all runs If the trades from your system are not correlated you may expect a balance between 5150 and 5250 after 1000 trades You can also hover the mouse pointer above the return drawdown and risk of ruin boxes to see the minimum and maximum values Lets see what RiskSim tells us about the minimum deposit needed to trade this system Select Minimum deposit simulation and click Start simulation RiskSim will start simulations and keep simulating while decreasing the initial deposit every run You may find this to take up too much of your time Change Runs to 10 to speed things up Simulation will go faster but less runs means a less reliable result The results section shows that the minimum deposit is around 400 or 500 Lets see if this is an accurate estimation Set 500 as initial deposit in the Trade settings section Change Runs to 100 Click Start simulation After simulation is ready the minimum deposit displayed is around 500 RiskSim Trade settings C Initial deposit as in original statement tc Initial deposit T 500 Position sizing C Position sizing ae in original statemen
5. This tab is used for the RiskSim simulator This simulator will simulate lots of trades while calculating certain statistics T C SampleReport htm isl x Report Summar Balance Trades Trades Times Options RiskSim Symbols Magic Trade settings Trading system Simulation A C Initial deposit as in original statement Avg profit pips E Monte Carlo simulation 9 f nitial deposit 5000 Avgloss pips 25 Position sizing wins 4 Runs 1000 T Position sizing as in original statement f Pipe Dollars Results i Fixed of mini lots i I Auto import from report Perfect fi 8 95 Deviation 2 5 C Fixed of standard lots fi May dd gt E Error rate fi DUZ WMroht Trade 2 8 6 0 C Fiked amount mini 1000 i Trades 100 Risk of ruin 0 0 Balance 5301 C Fixed amount standard Z 10000 Days 365 Drawdown 5 7 Return RiskSim uses random numbers to determine the outcome of a trade There is no correlation between simulated trades However in real life trading chances are that trades in your trading system are correlated in some way Also RiskSim does not use floating loss or margin for calculating statistics Results from RiskSim may be very different from results in real life Use RiskSim to learn about your system but keep in mind that you are responsible for any trading decisions you take The Trade settings and Position sizing sections are the same as in the Options tab The
6. Trading system section allows you to describe the properties of the system you would like to simulate Only three numbers are necessary for the simulation average profit of wining trades average loss of losing trades and the percentage of winning trades Profits and losses can be entered in pips or in dollars If you want to use the numbers of the trades currently in the trades list depending on which symbols and magic numbers are selected just click Auto import from report Max dd is the maximum drawdown you are willing to take RiskSim will use this to calculate the risk of ruin statistics You can specify how many trades RiskSim will use for each run You can specify an exact number of trades or you can specify a number of days In this case RiskSim will calculate the number of trades based on information from the current report The Simulation section is for selecting and running the simulation The number of runs indicates how many times RiskSim should run the number of trades you entered If trades is set to 100 one run consists of 100 trades If runs is set to 1000 a total of 100000 trades will be simulated The results of the 1000 runs will be averaged and displayed Monte Carlo simulation After clicking Start simulation RiskSim will start simulating trades based on the specifics you entered The outcome of every trade is based on random numbers and the winning percentage you entered Statistics of the simulation will be displayed i
7. be shown if this information is available in the report Balance tab This tab will show a graph of the balance of your trades Part of the graph may be red which denotes the trades where the maximum relative drawdown has happened C SampleReport htm Sisi x Report Summary Trades Trades Times Options RiskSim Symbols Magic 1135528 gbpchf gbpjpy eurjpy eur Gh L usdcht audjpy nzdusd chtipy eurgbp 981954 Trades tabs There are two Trades tabs to show information about trades for the selected symbols and magic numbers C SampleReport htm 101 x Report l Summary Balance Trades Trades Times Options RiskSim Symbols Magic mene ee ee T 235 PIBN b gbpipy 1 ran 20 abpipy 2005 07 27 2005 07 28 E 1337 39 995749 02 eurjpy 1057638 gbpipy 2005 07 28 59 2005 07 28 2849 76 998598 78 eurchf 1057618 eurpy 2005 07 28 46 2005 07 28 2402 56 1001001 34 usdjpy 1057923 gbpchf 2005 07 28 2005 07 28 1273 64 1002274 98 usdead 1056455 eurchf 2005 07 27 2005 07 28 gt 1308 90 1003747 38 gbpusd 1058698 gbpchf 2005 07 28 2005 07 28 K 4230 12 999517 26 audusd 1058971 eurjpy 2005 07 28 64 2005 07 28 f 2 3122 78 1002640 04 eurusd 1058067 gbpipy 2005 07 28 93 2005 07 28 lt 6343 15 1008383 19 usdchf 1056091 usdipy 2005 07 27 31 2005 07 28 S 445 00 1009559 89 audjpy 1056085 usdead 2005 07 27 S 2005 07 28 567 54 1008934 75 nzdusd 1057440 gt gbpusd 2005 07 28 2005 07 28
8. from the list by selecting one or more trades and pressing Delete on your keyboard Times tab This tab shows the profits and losses per hour of the week By clicking the appropriate radiobutton you can select to use open or closing dates and times C SampleReport htm 101 x Report Summary Balance Trades Trades Times Options RiskSim Symbols Magic gbpcht gbpipy Tuesday Wednesday Thursday Saturday eurjpy eur Gh L usdipy usdcad gbpusd audusd eurusd usdcht audipy nzdusd Average pip results based on Open times Close times Note that the used time in the MetaTrader report is your brokers time Options tab This tab is used for setting some options Tr C SampleReport htm Report Summary Balance Trades Trades Times rians Fisk Sim Symbols gqbpcht bp py Initial deposit as in original statement Min of mini lots o m Display all trades S Z 2 eur Gh T C Initial deposit 5000 Max H of mini lots Display closed trades only usdipy 50 usdcad G Min of standard lots jo gbpusd 100 Trade settings lt A A NN Setting A _ Display eae ee Max of standard lots AeA tc Position sizing as in original statement eurusd woe usdcht C Fixed of mini lots audipy Fixed of standard lots nzdusd cht py Fixed amount mini T 11000 eur gbp Fixed amount standard T 10000 The Trade settings section is used for changing the initial deposit used fo
9. tab This tab will show the original report as generated by the MetaTrader client Selecting symbols or magic numbers will not change the view of the original report Summary tab This tab will show a Summary for your report The amount of information may vary per report T C SampleReport htm Report T Summary Balance Trades Trades Times Options Fisk Sinn Symbols Net profit 94764 30 Initial deposit 1000000 DD gbpchet Gross profit 640836 23 Interest earned 4675 91 GaP IPY Gross loss 550749 64 Commission paid 0 00 ee i b a al usd py Total number of trades 336 Percentage profitable Stee ae aca Total number of pips 6515 AVerage pips per trade 25 gqbpusd Total number of pips Tet B36 ASC ame pips per trade net Z audusd eurusd Number of winning trades 182 Number of losing trades G Average winning trade 3521 09 Average losing trade ces Average winning pips a77 8 Average losing pips ee ASC aie Winning pips inet AL Average losing pips inet ee Return 26 0 days 5 Ne Maximum drawdown Some reports have no information for the initial deposit Without that information the return percentage or the drawdown percentage cannot be calculated If you want to see these numbers anyway select the Options tab check the nitial deposit checkbox and fill in a deposit amount Activate the summary tab again to view the return and drawdown percentages Other information like extra deposits fees withdrawals or rebates will only
10. year Let s see what RiskSim tells us Start MTReport 4 0 and click the RS button on the toolbar Set 5000 as initial deposit in the Trade settings section Set 1 fixed of mini lots in the Position sizing section Enter the numbers 3 4 60 30 and 1000 in the Trading system section Select Monte Carlo simulation and 1000 runs and click Start simulation RiskSim Trade settings Trading system _ r Simulation Avg profit pips E Monte Carlo simulation Avg loss pips E Wing 7 IS l i Runs fi O00 f Position sizing ae in original statement Y Pips Dollars C ritial deposit as in original statement tc Initial deposit T 5000 Position sizing f Fixed H of mini lots C Fired of standard lots C Fixed amount mirni Auto import fron repart Mas dd fao Trades fi opg Perfect 9 2 Error rate 3 2 Risk of ruin oox Deviation 0 6 Protittrade n 2 Balance 51 g7 C Fixed amount standard T 10000 O Dap fo Drawdown fi TE Retur H Within seconds RiskSim tells you the return for 1000 trades is about 4 The ending balance is 5197 so you would gain between about 200 after a year of trading Not very exciting The perfect trade number tells us that in about 9 of the simulation runs the balance was always 5000 or higher The risk of ruin of 0 tells us that the drawdown was never as bad as the 30 that we entered The average drawdown was only about 1 5 That s not bad
11. 0 Awg logs pips 4 IS e a Wing Position sizing ft Position sizing as in original statement f Pips Dollars Results c Fixed H of mini lots U L Auto import from report Min trades 134 Deviation 3 5 C Fired of standard lots fi Mas dd Z fao Error rate 2 6 Protitvtrade 10 2 C Fisted amount mirni 500 Trades fiona Risk of ruin oox Balance Baal C Fixed amount standard T 10000 O Dap fo Drawdown E4 Return 6 64 On average it will take between 100 and 200 trades before the return is higher than the drawdown you already experienced Many traders will stop trading a profitable system if they do not see profits soon enough Let s say you start trading this system and after two weeks about 40 trades you are down some 200 Hey What s this thought this was a winning system Sure but there s a fat chance that you will lose before you start winning The perfect percentage is around 15 meaning that in about 85 of cases you will at some point in time experience a balance below 5000 And a 4 drawdown is well within the expected range Without RiskSim you may have decided to quit trading the system because of some drawdown However RiskSim tells us to continue trading because the system is profitable and performing as could be expected Use RiskSim to learn about your system to reconsider your objectives and your willingness to accept drawdown Keep in mind that RiskSim is a simulator and uses random uncorrelated tr
12. 9100 00 1018034 75 L 3 par 1060746 usdead 2005 07 28 2005 07 28 2401 75 1020436 50 1059717 gbpchf 2005 07 28 2005 07 28 lt 3863 69 1016572 81 1061346 usdead 2005 07 28 2005 07 28 1955 24 1018528 05 1062077 usdead 2005 07 28 2005 07 28 k 4469 73 1014058 32 1nkc ad seeded DINNER INF IO ANNE INF 90 RANN an 1000073 94 7 C SampleReport htm Symbols qbpchet 10 00 TEE TE 0 6564 0 6897 3003 73 obpipy TEA S usdead E l 57 60 567 eurjpY 1056091 usdipy k E i i 131 70 L eurcht 1056103 gbpcht 2 l 469 50 3061 60 usdipy 10561 20 gbpipy E i lt 478 50 1337 38 usdead 1056421 audued 00 225 00 5000 00 qbpusd 1056455 eurcht 1 163 50 1305 90 audusd 1057440 gbpusd 1 l 0 00 3100 00 eurusd 1057618 GUDU i S 0 00 2402 56 usdcht 1057638 gbpipy 0 00 2049 76 audjpy 1057923 s gbpcht 2 0 00 1275 64 nS duas d 1058067 gbpipy i l 0 00 6343 15 chtjipy 1058687 uedcht 1 S l 43 23 6574 05 eurgbp 1058694 E eurusd 1 0 00 8250 00 1058638 s gbpcht 2 0 00 4230 12 1058971 GUDU i 0 00 2122 70 TORO 7 ake LL aan 10C CoO By default the trades list is sorted on close date time You can sort the list on ticket lots duration pips or open or closing date time by double clicking the appropriate cells on the header of the list Both 1 pip and 1 10 pip reports are allowed Pip counts will have the same accuracy as the pip vsalues in the original report You can delete trades
13. ades The trades in your live account are probably correlated in some way This is especially the case with the so called grid systems and martingale based systems Winners and losers tend to come in groups because of trends and ranging markets RiskSim s trades are not affected by these market conditions Trading is not only about entries and exits but also about position sizing and expectancy RiskSim will help you evaluate these aspects of your trading system but keep in mind that you and you alone are responsible for your trading decisions Adding reports Many FX brokers offer demo accounts that only last a couple of weeks You definitely want to demo trade your system longer than that before going live RiskSim offers the possibility of adding reports together By adding several consecutive demo reports you can create a single report for a much longer demo period Meta Traders StrategyTester will simulate trading systems for a single currency pair You could create several test reports for different currencies and add these reports to create a single multi currency test report Adding reports is simple Choose File gt Open report from the menu to load any report Then choose File gt Add report and select another report The second report will be added to the first Trades in the report are sorted by closing date time Keep in mind that large reports will take a long time to load Strategy T ester reports need even more time
14. and drawdown percentages are missing This is because there is no deposit in the report so the initial balance is unknown Select the Options tab check nitial deposit and enter the deposit manually What are per lot pips The pips per lot in the summary are calculated by subtracting the open and close prices from the trades and do not depend on the number of lots traded After starting MTReport 4 0 a message appears Software has been compromised The MTReport executable has been altered possibly by a virus Please use you virus checker and download the original software from the website www mt4tools com If you have registered MT Report your license will still be valid After starting MTReport 4 0 a message appears Not enough rights to create or delete file MT Report 4 0 uses temporary files that are stored in the directory where the program resides Make sure you have rights to create write and delete files My report will not load or will not load correctly Make sure the report is generated directly by MetaTrader Do not use Word or any html editor to change the report It is not possible to load the daily or monthly reports send by your broker If you think you have found an error in MTReport please send the statement to support mt4tools com Make sure to attach the statement as a separate file to your email Some reports take a long time to load Most reports load within seconds However reports with tho
15. eurusd 1056120 2005 07 27 19 56 buy 10 00 gbpjpy 195 66 195 51 199 16 2005 07 28 02 19 195 51 0 00 478 50 1337 38 1057638 2005 07 28 02 19 buy 10 00 gbpjpy 195 59 195 51 199 09 2005 07 28 03 12 195 91 0 00 0 00 2849 76 1057618 2005 07 28 02 17 buy 10 00 eurjpy 135 46 134 96 138 96 2005 07 28 03 21 135 73 0 00 0 00 2402 56 1057923 2005 07 28 04 06 sell 11 00 gbpchf 2 2595 2 2645 2 2245 2005 07 28 08 00 2 2580 0 00 0 00 1273 64 1056455 2005 07 27 21 33 buy 10 00 eurchf 1 5632 1 5582 1 5982 2005 07 28 10 36 1 5649 0 00 163 50 1308 90 1058698 2005 07 28 08 59 sell 11 00 gbpchf 2 2588 2 2638 2 2238 2005 07 28 10 45 2 2638 0 00 0 00 4230 12 The window also contains two listooxes and a number of tabs Both the listboxes and tabs will be discussed here one by one Symbols list This list displays the symbols for which there are trades in the report Some reports will have many different symbols like the sample above Other reports like StrategyTester reports may only have one symbol displayed in the listbox You can select one or more symbols in the list Try clicking and moving your mouse pointer holding down the left mouse button or click and hold down the shift or ctrl button on your keyboard Magic numbers list This list displays magic numbers if they are used in the reports Magic numbers are only used in some Expert Advisors for MetaTrader 4 Don t worry if you never see a magic number in this list Many people never use them Report
16. ible to load the report and analyse the information it contains It will display information in various forms using the currency pairs you select with a single mouse click Installing MTReport 4 0 Installing MT Report 4 0 is easy Just download the setup program from www mt4tools com This setup program will install MT Report 4 0 for you Shortcuts will be created on your desktop and in your start menu so it will be easy to start the program Generating a report with MetaTrader MT Report 4 0 works with reports generated by MetaTrader versions 3 or 4 The MetaTrader client has a section called Terminal which is on the bottom of the MetaTrader window In the Terminal window click the tab Account History to display a list of closed trades With MetaTrader 4 it is possible to sort the trade list by clicking the header of the trade list Trades will be sorted depending on the column you click The generated report will be in the same order as displayed on the screen By default trades are sorted on closing date time If you want to view comments commissions or taxes MetaTrader 4 right click the trade list and check the appropriate option Magic numbers in MetaTrader 4 will be entered in the report when the Comments option is checked Right click the trade list and select the period you want to use You All History can select All History to see all trades but you can also specify a Last 2 Months period like Last Month Last Month Ca C
17. n the Results section If the simulation is taking up too much time just reduce the number of runs You can do this even when the simulation is already running Minimum deposit simulation Use this if you need to Know what the minimum deposit should be to safely trade a specific trading system RiskSim will run simulations while decreasing your initial deposit It will do so until the Risk of ruin number explained in the Results section is about zero This simulation gives most usable results for position sizing with a fixed number of lots This simulation will not work if the average profit per trade is zero or less Minimum of trades simulation Use this if you need an indication of how many trades you need to complete before the return will be larger than the drawdown you experienced RiskSim will run simulations while increasing the number of trades for each run It will do so until the return is larger the maximum drawdown This simulation will not work if the average profit per trade is zero or less The Results section shows the results of the simulation Perfect Only visible for Monte Carlo simulations The percentage of runs of which the balance never goes below the initial deposit This gives an indication of your chance of having drawdown before you start winning Min deposit Only visible for Minimum deposit simulations The minimum deposit needed for trading a specific trading system while having a risk of ruin of around zero
18. ng order If have another problem question suggestion Please let me know at support mt4tools com Disclaimer General disclaimer Trading any financial market involves risk The MT Report 4 0 software the website MT4TOOLS COM and its contents are neither a solicitation nor an offer to buy or sell any financial market The contents of this website and the MT Report 4 0 software are for general information purposes only MT4TOOLS and the author of the MTReport software assume no responsibility for errors inaccuracies or omissions in the MT Report software or this website They do not warrant the accuracy or completeness of the information text graphics links or other items contained within these materials MT4TOOLS and the author of the MT Report software shall not be liable for any special indirect incidental or consequential damages including without limitation losses lost revenues or lost profits that may result from these materials Risk disclosure Trading financial markets carries a high level of risk and may not be suitable for all investors Before deciding to trade any financial market you should carefully consider your investment objectives level of experience and risk appetite The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose You should be aware of all the risks associated with financial markets
19. r the trades For instance if you would like to know the return of the trades with another initial deposit just check the checkbox and fill in your new deposit The summary and the trades list will be updated immediately To save the value for initial deposit double click the edit box The next time MTReport is started the saved value will be used The Position sizing section allows you to change the number of lots used for your trades You can select a fixed number of lots per trade with either a mini 10000 lot or a standard 100000 lot account You can also select a compounding number of lots using the fixed amount settings For example if the Fixed amount mini is 1000 then one mini lot will be traded for every 1000 of the balance The Settings section allows you to select the minimum and maximum amount of lots to trade The minimum amount is also the lot step that will be used The Display section allows you to display either all trades or closed trades only From build 1039 onwards there are some options for CSV exports It is possible to set the decimal separator to either a comma or a period i e 1 23 or 1 23 You can also set the CSV field separator to either a semicolon or a tab These settings can be useful when importing CSV file to Excel Trade duration is exported using the format hh mm If you import a CSV file to Excel you may want to format the Duration cells in Excel to custom format u mm RiskSim tab
20. t fc Fixed of mini lots T Fised of standard lots 1000 Fixed amount standard 10000 Fisted amount mirni Trading system Avg profit pips 3 Avgloss pips 14 Wing b Pips Dollars Suto import trom report Mas dd Z 30 c Trades 1000 O Days U Simulation Minimum deposit minimum nak of rair Min deposit ms Error rate pz Risk of ruin oos Drawdown mSS Deviation 14 94 Profit trade 10 2 Balance 724 Return EI So if we would start trading this system with 500 instead of 5000 the relative return will be higher 39 9 instead of 4 0 and the relative drawdown will be higher 11 6 instead of 1 5 During the test of 100 runs the risk of ruin was 0 0 so there was never a drawdown as large as 30 Let s see what happens if we trade some more lots Set 5000 as initial deposit in the Trade settings section Set 10 fixed mini lots in the Position sizing section Select Monte Carlo simulation and 1000 runs and click Start simulation RiskSim Trade settings C ritial deposit as in original statement tc Initial deposit T 5000 Position sizing C Position sizing as in original statement f Fixed H of mini lots fi U C Fixed of standard lots fi 1000 C Fixed amount standard T 10000 Fixed amount mirni Trading system Avg profit pips 3 Aygloss pips 14 Wing b f Pips Dolar ute import front repart Mas dd Z 30 f Trades 1000 Daus Simulation
21. t on your computer system Without purchasing you can start the program in 5 times so you have an opportunity to test it If you like the program you may want to purchase a license to remove the To purchase a license click the appropriate button on the website You will be taken to an external page to complete your payment After the payment has completed successfully you will receive an email with an activation code Start MT Report 4 0 and select Help gt Activate from the menu This will work even if your trial has expired Enter your email address and activation code to activate your registration You can now use MT Report 4 0 Please note that a license for MTReport 4 0 is valid for a single computer only MT Report 4 0 will only work on the computer you used to activate your registration If you need to run the software on more than one computer you need to buy extra licenses Please note that you need internet access to run MTReport 4 0 MT Report 4 0 will access an authorisation server on the internet every time you start the program The program will not run if you do not have internet access Frequently asked questions with answers After starting MTReport 4 0 a message appears Cannot connect to internet MT Report 4 0 needs to connect to the authorisation server to check if you are registered or running in trial mode If it cannot connect to the authorisation server MT Report will exit In the summary the return
22. to load because StrategyT ester trades are described in several lines Also a StrategyT ester could easily have thousands of trades in it which will slow down the loading of the report Exporting a report If you have changed a report in any way you may want to save the changed report Also you may want to do some extra analysis of your trading in another program for instance Microsoft Excel Choose File gt Export report from the menu to save your report as a htm file You can open this new report with you browser or with MTReport 4 0 The exported report will look similar to the reports generated by MetaTrader Choose File gt Export report with graph to save the report with a graph of the balance A htm file and a jpg will be created The exported report will look similar to the detailed reports as generated by MetaTrader Choose File gt Export as csv Excel to save your trades in a CSV file which can be imported in programs like Excel Fields in the file can be separated either by semicolons or by tabs Use the options tab to select the separation character Trade duration is exported using the format hh mm If you import a CSV file to Excel you may want to format the Duration cells in Excel to custom format u mm Purchase MTReport 4 0 You can buy a licence to use MT Report 4 0 through the website www mt4tools com Please check the website for current pricing First download MT Report 4 0 from the website and install i
23. trading and seek advice from an independent financial advisor if you have any doubts Past returns are not indicative of future results Privacy policy Your privacy is important to us We will never sell or rent your email address or any other personal information to anyone Affiliation MT4TOOLS COM is not in any way affiliated with MetaQuotes Software Corporation MetaQuotes Software Corporation is a world leader in a number of successfully implemented online trading platform solutions within a wide range of dynamic business environments Currently over 100 brokerage companies and banks from 30 countries worldwide have chosen their software solutions to meet and accommodate high business and industrial demands For more information please visit the MetaQuotes website Trademarks MetaTrader is a registered trademark by MetaQuotes Software Corporation
24. usands of trades can take some time Keep in mind that MetaTrader never intended their reports to be processed like MT Report 4 0 does Especially Strategy T ester can take a long time to load because every trade is described in at least two lines one for opening the trade one for closing and possibly several lines to change the exit criteria All these lines have to be combined into one When your report contains several thousands of trades this will take some time When adding StrategyTester reports some of the order numbers are changed Order numbers from StrategyTester always start with one When combining reports the numbers have to be made unique for the software to function properly My computer crashed and I had to install Windows again but now MTReport is in trial mode sorry to hear your computer crashed Please go to the Support section on www mt4tools com to request a new activation code After entering you email address you will receive a message with further instructions Since this is an automated process you should be up and running within minutes Please note an activation code request will only work if you have purchased MT Report 4 0 in the past When loading a report an error Please use ascending ticket numbers is displayed Make sure that the StrategyTester results in MetaTrader have ascending ticket numers In MetaTrader click on the on the top bar of the results list to select either ascending or descendi
25. ustom Period Generating a report Right click again and select Save as report Select the name and z 2 location of the file you want to use for your report and click Save Save as Detailed Report The default extension for the report file is htm It may happen that MetaTrader opens your default web browser to display the report Commissions You may ignore this Taxes It is also possible to create a detailed report which contains more Comments information including a graph of the balance MT Report 4 0 accepts both normal and detailed reports For analysis it will make Auto Arange no difference which format you use w Grid Using MTReport 4 0 Double click the MTReport icon on your desktop Choose File gt Open report from the menu or click the left button in the toolbar and select the report you have generated A window will open displaying the report as generated by MetaTrader C SampleReport htm a 161 xj Summary Balance Trades Trades Times Options RiskSim Report Symbols Magic qbpcht Your broker AT A C No 123456 Name Sample report 2005 August 23 17 02 local time s eur Gh L Closed Transactions usdipy usdcad Ticket Open Time Type Lots Item Price S L T P Close Time Price Commission R O Swap Trade PA eon 1056082 2005 07 27 19 52 balance deposit 1000000 00 audusd 1056103 2005 07 27 19 55 buy 10 00 gbpchf 2 2619 2 2569 2 2969 2005 07 28 01 07 2 2569 0 00 469 50 3861 60
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