Forex Tester is easy to use for beginners but also includes an API for people who know how to program. Statistics reveal your performance; you can take notes on every trade to keep a trade journal and export your trade log for analysis in Excel or other programs.
Spreads and swaps can be defined for each currency pair making the simulation and earnings results even more realistic. Advanced data feed includes historical data from different brokers. Forex Tester enables you to train and test with a maximum of flexibility. Even adjusting strategy parameters on-the-fly without stopping the simulation is possible.
You can test more than one EA at a time while watching what is happening during the simulation. Our program is the best solution available on the market and this is no coincidence: Forex Tester will most likely save you more money on the losing trades and let you make more money on the winning trades compared to what it costs; buying Forex Tester with our additional money-back-guarantee is a no-brainer. If you are serious about trading currencies, Forex Tester will quickly become an integral part of your evolution as a trader like it has for so many others before.
Many professionals use it on a daily basis to test new strategies and refine their proven methods. Its accuracy and flexibility is unrivalled. What makes a trader successful then? In interviews, the best traders in history unanimously emphasize the importance of backtesting.
Backtesting means to use historical data of a capital market a recording of price movement to find out how well a trading strategy would have worked in the past. While there is no guarantee, very often a strategy that performed in recent months will continue to generate profits in the future. Demo trading in the 4-hour timeframe for example means that each candlestick takes 4 hours to finish.
If your trading strategy suggests that there are no trades with the current chart then you will have to wait for the next candle. Testing your strategy for 6 months in a demo account will take you 6 months. If you need to make small changes to your strategy, you will have to start all over again. With Forex Tester seeing the next candle takes just one click of the mouse. MT4 is one of the best and most popular platforms for live and demo trading which includes a feature for backtesting.
We also know that it is given to you by brokers. Would you expect that brokers who are not interested in your success will give you great backtesting instruments included into the live trading platform? Live trading platforms like MT4 are good for trading live with real money but not for backtesting. That is why we developed Forex Tester: You can read detailed instructions on how to install Forex Tester here. Download now and see for yourself what Forex Tester can contribute to your success in this exciting business!
What is Forex Tester? Forex Tester is a software that simulates trading in the Forex market, so you can learn how to trade profitably, create, test and refine your strategy for manual and automatic trading.
Test and improve your strategies for consistent and continuously growing profits! Become confident in your strategy, so you can keep a clear head and avoid mistakes when you trade live later! Learn trading and become a successful trader!
Forex Tester simulates the Forex market with unequalled realism. As mentioned before you can test strategies and train your trading skills on simulated years of data in just a few hours real time. How is this possible? Forex Tester works with the recorded price movement of the real Forex market historic price data.
Like a recording of music you can jump forward, pause or jump right to the interesting moments. You can go back to any point of time within the recorded price data and if you have saved a testing session project before, you can also restore all your open trades, trade history and account balance of your simulated broker account at this moment of the simulation.
Analyze results and find weak and strong points of your trading. Test them and then you know it for sure! Learn how to get out of losing trades without time delay to keep losses as small as possible. Save and get back to your tests anytime you want.
Historical data for accurate testing. An extensive set of indicators is included. We also take great pride in our responsive email support. We want you to get the most out of your time spent with Forex Tester. You can practice analyzing the charts and finding opportunities to trade without risking any real money. Unfortunately your brain does not work like a piece of paper that holds written information no matter how often you read it.
In Backtesting, trading many months of recorded market days within the simulation takes just a few hours of your time because you control the speed of the simulated market. This enables you to test not one but many strategies plus variations.More...