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This risk management tool for MetaTrader 4 and 5 calculates optimal lot sizes based on user-defined risk parameters, account balance, and currency. It provides a graphical user interface for setting entry, stop loss, and take profit levels visually on the chart. The expert advisor accounts for commissions, swaps, and m
Utility · MT5
Backtester EA
Backtester EA is a validation tool for MetaTrader 5 designed to test specific trading signals within the Strategy Tester.
GitHub stars1
Forks0
Last update8 months ago3 Jan 2026
LicenceNone stated
Overview
Users can input exact entry, stop loss, and take profit prices, along with a precise timestamp down to the second. The expert advisor handles timezone offsets by automatically converting signal times to the broker's server time. It provides flexible risk management, supporting both fixed lot sizes and risk-per-trade percentages. The tool exclusively uses pending orders to ensure accurate historical verification without the slippage associated with market entries.
- Exact signal validation at specific timestamps
- Integrated timezone offset conversion
- Risk-based automatic lot size calculation
- Support for pending Limit and Stop orders
Details
Author
saundersconsult on GitHub
Type
Utility
Platform
MetaTrader 5 (MQL5)
Markets
Any symbol
Timeframes
Any timeframe
Risk Profile
- Trades without a fixed stop loss
EA Files
Input Parameters
Read from Backtester_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpSignalDirection | ENUM_SIGNAL_DIRECTION | SIGNAL_BUY | Signal Direction |
InpEntryPrice | double | 0.0 | Entry Price (required) |
InpStopLossPrice | double | 0.0 | Stop Loss Price (0=None) |
InpTakeProfitPrice | double | 0.0 | Take Profit Price (0=None) |
InpRiskPercent | double | 1.0 | Risk Per Trade (%) |
InpStartingBalance | double | 10000.0 | Starting Balance |
InpUseFixedLotSize | bool | false | Use Fixed Lot Size |
InpFixedLotSize | double | 0.1 | Fixed Lot Size |
InpMagicNumber | int | 123456 | Magic Number |
InpSymbol | string | | Symbol (empty=current) |
InpSlippage | int | 10 | Slippage (points) |
InpTradeComment | string | Backtester-EA | Trade Comment |
Show all 22 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpTradeOncePerBar | bool | true | Trade Once Per Bar |
InpEnableOptimization | bool | false | Enable Optimization |
InpUseExactTime | bool | false | Use Exact Entry Time |
InpSignalTimezoneOffset | double | 0.0 | Signal Timezone UTC Offset (hours, e.g., -5 for EST) |
InpEntryYear | int | 2025 | Entry Year (in signal timezone) |
InpEntryMonth | int | 1 | Entry Month (1-12, in signal timezone) |
InpEntryDay | int | 1 | Entry Day (1-31, in signal timezone) |
InpEntryHour | int | 9 | Entry Hour (0-23, in signal timezone) |
InpEntryMinute | int | 30 | Entry Minute (0-59, in signal timezone) |
InpEntrySecond | int | 0 | Entry Second (0-59, in signal timezone) |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone saundersconsult/Backtester-EA from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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