QuantAnalyzer

Extremely useful tool that will let you analyze backtest reports in detail, giving you all kinds of neat stats like Sharpe Ratio, Z-Score, expectancy, return/drawdown ratio and so on. One of the most useful features is that it can load several backtest reports and merge them to see how they’d work as a portfolio and how they correlate to each other.
QuantAnalyzer enables zooming to the smallest analytic level and choosing different metrics, allows deep investigation by inspecting each fraction of the reports, it offers tons of performance charts and even offers advanced features such as Monte Carlo analysis and money management simulation.
This tool is a must-have for anyone who is serious about building a profitable EA portfolio.
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Walk Forward Pro

As its name implies, this software performs a walk forward analysis of an expert advisor. Walk Forward Analysis is a procedure that many professionals consider to be the best approach to optimizing a strategy. It consists of optimizing an automated strategy on a limited range of time, running a backtest to validate the resulting parameters on out-of-sample data then shifting the time range forward and repeating these steps multiple times. This method avoids curve-fitting and ensures that the resulting optimized parameters have values that work in a generic way, providing the best chance when the strategy runs on a live account.
Naturally, the Walk Forward Pro software also works with the Tick Data Suite.
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Portfolio Backtester

As its name implies, the Portfolio Backtester provides assistance with evaluating an EA portfolio. It lets the user run backtests of multiple strategies on various symbols and timeframes, scheduling the tests and running them in an automated hands-off fashion, starting and stopping MT4 as necessary. Ultimately it produces results that can be opened with spreadsheet applications such as Excel and analyzed based on various criteria.
Naturally, the Portfolio Backtester works with the Tick Data Suite and it’s also worth mentioning that it integrates with the QuantAnalyzer.
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MyMT4Book

An indicator that you can drag on a chart in MT4 to analyze the performance of your trading account. Can be very handy when you are running several EAs on a single account as a portfolio – it allows inspecting the performance and activity of each individual EA at a glance.
This is essentially an offline version of MyFxBook that you can run directly in your MT4 client, giving you a lot of data about each strategy and allowing you to sort by various parameters.
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Forex Tester tick data

Commercial quality tick data recorded live on multiple brokers, such as Alpari, Forex.com, IBFX, Pepperstone, FXCM, FXOpen, FXDD or Forexite, going as far back as 2005 for certain sources. The data includes all the major currency pairs for most sources as well as a lot of minors.
Starting from Tick Data Suite v2.2.9, the data can be easily imported and used in MT4 backtests. For more information about the import process, please see the support article Importing tick data.
Special discounted prices are available for eareview.net users, please visit the link below to find out more details.
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EA Wizard

Got a trading strategy idea but lack the MQL programming skills to implement it? No problem, the EA Wizard will let you put together your strategy in a visual fashion, will enable you to test its profitability and finally will save it as an MT4 EA with full source code.
EA Wizard is an essential tool for people who cannot write MQL code and it saves tons of money and weeks of effort required for working with a freelance programmer on such ideas. Even for seasoned programmers it saves a lot of time that would be required for implementing a complex trading strategy.
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StrategyQuant

Ever wanted a platform that automagically generates profitable trading strategies for you? This would be it – with StrategyQuant you can create an unlimited number of trading strategies with virtually no prior knowledge about trading or programming.
StrategyQuant uses some advanced techniques such as machine learning and genetic programming to come up with automated trading strategies for symbols and timeframes of your choice. It filters the generated strategies, lets you analyze the results in a myriad ways and finally lets you export the strategies you like as MT4 EAs.
Sounds good? That’s because it is. However, there is one drawback: it’s not exactly cheap.
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Exotic bars

If you need range bars, Renko bars or other types of exotic bars, AZ-invest is the way to go. A bunch of addons is available that will make your Metatrader 4 terminal charts feature such bars; naturally, you can use indicators as well as expert advisors on these charts.
You can even use some of these bar types in tick data backtests together with the Tick Data Suite, although it’s worth mentioning that it is a rather complex procedure.
Read more

QuantAnalyzer

Walk Forward Pro

Portfolio Backtester

Extremely useful tool that will let you analyze backtest reports in detail, giving you all kinds of neat stats like Sharpe Ratio, Z-Score, expectancy, return/drawdown ratio and so on. One of the most useful features is that it can load several backtest reports and merge them to see how they’d work as a portfolio and how they correlate to each other.
QuantAnalyzer enables zooming to the smallest analytic level and choosing different metrics, allows deep investigation by inspecting each fraction of the reports, it offers tons of performance charts and even offers advanced features such as Monte Carlo analysis and money management simulation.
This tool is a must-have for anyone who is serious about building a profitable EA portfolio.
As its name implies, this software performs a walk forward analysis of an expert advisor. Walk Forward Analysis is a procedure that many professionals consider to be the best approach to optimizing a strategy. It consists of optimizing an automated strategy on a limited range of time, running a backtest to validate the resulting parameters on out-of-sample data then shifting the time range forward and repeating these steps multiple times. This method avoids curve-fitting and ensures that the resulting optimized parameters have values that work in a generic way, providing the best chance when the strategy runs on a live account.
Naturally, the Walk Forward Pro software also works with the Tick Data Suite.
As its name implies, the Portfolio Backtester provides assistance with evaluating an EA portfolio. It lets the user run backtests of multiple strategies on various symbols and timeframes, scheduling the tests and running them in an automated hands-off fashion, starting and stopping MT4 as necessary. Ultimately it produces results that can be opened with spreadsheet applications such as Excel and analyzed based on various criteria.
Naturally, the Portfolio Backtester works with the Tick Data Suite and it’s also worth mentioning that it integrates with the QuantAnalyzer.

Forex Tester tick data

EA Wizard

StrategyQuant

Commercial quality tick data recorded live on multiple brokers, such as Alpari, Forex.com, IBFX, Pepperstone, FXCM, FXOpen, FXDD or Forexite, going as far back as 2005 for certain sources. The data includes all the major currency pairs for most sources as well as a lot of minors.
Starting from Tick Data Suite v2.2.9, the data can be easily imported and used in MT4 backtests. For more information about the import process, please see the support article Importing tick data.
Special discounted prices are available for eareview.net users, please visit the link below to find out more details.
Got a trading strategy idea but lack the MQL programming skills to implement it? No problem, the EA Wizard will let you put together your strategy in a visual fashion, will enable you to test its profitability and finally will save it as an MT4 EA with full source code.
EA Wizard is an essential tool for people who cannot write MQL code and it saves tons of money and weeks of effort required for working with a freelance programmer on such ideas. Even for seasoned programmers it saves a lot of time that would be required for implementing a complex trading strategy.
Ever wanted a platform that automagically generates profitable trading strategies for you? This would be it – with StrategyQuant you can create an unlimited number of trading strategies with virtually no prior knowledge about trading or programming.
StrategyQuant uses some advanced techniques such as machine learning and genetic programming to come up with automated trading strategies for symbols and timeframes of your choice. It filters the generated strategies, lets you analyze the results in a myriad ways and finally lets you export the strategies you like as MT4 EAs.
Sounds good? That’s because it is. However, there is one drawback: it’s not exactly cheap.

Exotic bars

MyMT4Book

If you need range bars, Renko bars or other types of exotic bars, AZ-invest is the way to go. A bunch of addons is available that will make your Metatrader 4 terminal charts feature such bars; naturally, you can use indicators as well as expert advisors on these charts.
You can even use some of these bar types in tick data backtests together with the Tick Data Suite, although it’s worth mentioning that it is a rather complex procedure.
An indicator that you can drag on a chart in MT4 to analyze the performance of your trading account. Can be very handy when you are running several EAs on a single account as a portfolio – it allows inspecting the performance and activity of each individual EA at a glance.
This is essentially an offline version of MyFxBook that you can run directly in your MT4 client, giving you a lot of data about each strategy and allowing you to sort by various parameters.