Forex Trade Tester
Now you can drag and drop the pending order, stop loss and take profit lines directly on the chart in order to change their values instantly. Our trading simulator allows people to improve their knowledge and skills in all of these areas. Demo accounts give you a chance to learn forex trading if you have dozens of years ahead of you, and live accounts make it impossible for you to fix your mistakes. With Forex Tester, you can achieve this in less time than ever before. Many professionals use it on a daily basis to develop new strategies and adjust their proven methods to accommodate the changing market.
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All these issues are solved in Forex Tester 3 - you just need to open a new project using a special button. The above-mentioned inconveniences will be covered by our trading simulator automatically so you do not have to worry about them. In Forex Tester 3 , all test settings including the list of currencies, time shift, initial deposit, currency settings and data range will be covered within a project.
Imagine the following situation: Suppose that, after 30 minutes you recall that you were downloading the data. You open your Forex Tester 2 once again and keep downloading the data on the next symbol. An hour later, you remember that you need to download the third currency pair, etc. Thus, data download can easily take up the entire day or even several days. The downloading process in Forex Tester 3 is totally different: Put it to downloading all of your currency pairs and in a few hours, the process is over.
The download process in Forex Tester 3 has become much faster. In this version, the data may be downloaded into multiple streams instead of one, as it was in the previous version. Before you start the test, it is often necessary to keep all of your current charts just as they are at that moment.
Forex Tester 2 had Projects and Templates features only for organizing your workspace. In Forex Tester 3 one more valuable feature was added to them: In Forex Tester 2, traders could change the time shift only for each individual currency. In Forex Tester 3, time shift is set in the projects themselves, significantly accelerating the process of preparation for the test.
Automated strategies provide traders with outstanding possibilities to save tremendous time and efforts. Instead of testing a trading system manually, one can simply click several buttons and switch to another task. A few hours later, you can return to the test and analyze the results — all the routine and boring jobs will be done by the software. In Forex Tester 2, we gave away just 1 EA, whereas Forex Tester 3 will contain 3 of the most common and useful trading systems for automated testing.
In the future, we will add more EAs that will satisfy various testing needs. Now you can drag and drop the pending order, stop loss and take profit lines directly on the chart in order to change their values instantly.
This feature speeds up and simplifies the use of the software even more. Traders who work with multiple monitors often complained about the impossibility of placing each individual chart on its own individual screen.
This important issue has been successfully resolved in Forex Tester 3 trading simulator. Now you can freely move any number of windows to an unlimited number of monitors. In case your Hardware ID became changed for instance, when you reinstall the operating system , you had to ask a new key and wait for our system to generate it.
In Forex Tester 3, you will be provided with a master key, so the key requesting process will occur automatically. We are glad to announce that this tool will be available in Forex Tester 3, and you will be able to expand the range of tools for the analysis and backtesting to even greater limits. If you feel you need to arrange the workspace in a different way, in Forex Tester 3 trading simulator you can feel free to:. Our users struggled with the data that contained a large number of price changes within a particular bar.
And here is the supporting software to help feel confidence to make decision. We see this as the only way to gain in unpredictable markets. Stay tuned, we have a lot more to come! Live chat not working at all. Support not working as well………………………………. Please address your queries to info forexstrategytester. We only provide EA compatibility on source code level. Testing EAs as binaries with only 3rd party tools is virtually impossible without violating MT license.
Knowing which parameters make your strategy work will not only make the strategy better, but it can also help generate ideas for new strategies. Spreads and swaps can be defined for each currency pair, making the simulation and earning results even more realistic because you can simulate the broker of your choice.
The advanced data feed includes historical data from various brokers. Forex Tester enables you to train and test with great flexibility. You even have the option to adjust strategy parameters on the fly without stopping the simulation! You can test more than one EA at a time while observing what is happening during the simulation. Our program is the best solution available on the market, and this is no coincidence: We are traders ourselves, and we initially developed Forex Tester to develop our own trading.
Forex Tester is all about maximizing your profits by choosing and optimizing your strategies and saving time. One of many details surrounding the project is that it will boost your efficiency. Forex Tester uses project files in the following way: You can save your current session, load another one and then continue the first session later.
You can also save color schemes, graphical instruments and indicators, and then add them to the next chart. This is especially useful if you are testing your strategy on multiple currencies and timeframes. Forex Tester will most likely improve your net results by much more than what it costs. If you are serious about trading currencies, Forex Tester will become an integral part of your evolution as a trader, just as it has for so many others before.
Many professionals use it on a daily basis to develop new strategies and adjust their proven methods to accommodate the changing market. Our accuracy and flexibility are unrivaled. So, what makes a trader successful? In interviews, the best traders in history have unanimously emphasized the importance of backtesting. Backtesting means using the historical data of a capital market price movement records to determine how well a trading strategy would have worked in the past.
While there is no guarantee, very often a strategy that performed well in recent months will continue to generate profits in the future. This enables you to test not one, but many strategies in addition to variations. Automatic backtesting occurs in just a matter of minutes, or even seconds. Forex Tester does both. With Forex Tester, you can practice analyzing the charts and finding opportunities to trade without risking any real money.
When you trade manually with real money, you are under stress. And yet, you still have to make quick decisions. This is something you can only do with sufficient experience.
Our program is the quickest and most effective way to learn trading. MT4 is one of the best and most popular platforms for live and demo trading. It does include a feature for backtesting, which was added as a result of user demand. To close the gap, we developed Forex Tester because we wanted a better alternative for ourselves. Currency trading is one of the most complicated ways to make money. To succeed in the forex market, a trader needs to develop the following 3 branches:.
If your forex training does not involve at least one of these important steps, you will definitely lose in the long term. Our trading simulator allows people to improve their knowledge and skills in all of these areas.
In terms of evolution, human beings have not adapted to accommodate trading. In other words, we have all been terrible traders from the very beginning because our DNA does not have the necessary features to go about it effectively. Even if you learned all the ins and outs of the market in theory, you will still not be ready to trade without a strong ability to control your mind and emotions.
The only way to really handle this area is to use a forex simulator. Trade simulation is way of better than demo and real accounts.
With demo accounts, you will have to wait for ages to open a decent amount of trades. With our trading simulator, traders have the opportunity to be in an exciting atmosphere where they do not know how the market is going to move as is the case with a live account. At the same time, traders can determine that information immediately — a feature offered by neither demo accounts nor live accounts. In short, our backtesting software will supply you with all the market analysis tools you need to tame your inconsistent nature.
The abundance of trading strategies available on the Internet creates the false belief that you have everything you need. However, if you try the appropriate forex trading simulator, you will immediately discover that this is a huge lie.
The vast majority of these so-called profitable strategies that bloggers and pseudo-traders promote can give you a few profitable trades, but eventually they will create a significant drawdown in your deposit. If you choose not to backtest the strategies of questionable sources, eventually you will lose all of the money you have saved for trading. Consequently, without a form of forex backtesting software, you will spend hundreds or even thousands of hours learning about the forex market without yielding any positive results.
Moreover, without Forex training software, you will end up frustrated and depressed. What normal people would want to spend their time, money and effort on this fruitless task?
There are just 2 possibilities available for you now: Either choose the path of failure or buy what is probably the best trading simulator in existence and avoid losing anything. No one can guarantee that you will learn how to trade with our trading simulator, however. It all depends on your work ethic, dedication and ability to analyze your learning methods and trading actions. It depends on whether you make the right decisions and stick with them.
There are a lot of smart and disciplined traders who still cannot succeed in the forex market. The reason for this is that they lack an incredibly valuable pillar in their trading:
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