Metatrader 4 Webtrader is a powerful platform used by traders worldwide for its robust features, including the ability to backtest trading strategies. Backtesting allows traders to simulate their strategies using historical market data to evaluate performance before risking real capital. Here’s a comprehensive guide on how to effectively backtest strategies using MT4 WebTrader. Accessing Strategy Tester: Opening Strategy Tester: Launch MT4 WebTrader and navigate to the ‘View’ menu. Select ‘Strategy Tester’ or use the shortcut Ctrl+R to open the Strategy Tester window. Selecting Parameters: In the Strategy Tester window, choose the currency pair and the time frame you want to test your strategy on. Set the dates for the historical…