Backtesting solution #1 on Forex

 

Why Forex 2 years ago. As to me, I like that manual mode that Forex Tester provides even though it is a time consuming way to test. Nevertheless, it gives the “feeling” of the market and I’m sure that every trader who practices this method of backtesting will develop his (or her) skills immensely/5(8).

To finish the process, simply follow the wizard. Overview User Reviews Specs. Like a recording of music, you can jump forward, pause or jump right to the interesting moments. We are traders ourselves, and we initially developed Forex Tester to develop our own trading. Now that you've exported your preferred data from Tickstory, you need to import it into Forex Tester 3.

Comments on Forex Tester

Forex Tester 3 is a software that simulates trading in the forex market. It is designed for you to learn how to trade profitably and to create, test & 4/5(5).

You do not have to train in real time, waiting for days and weeks to test your long-term strategies, Forex Tester will pack this time in hours and minutes and the speed of testing can be adjusted. As to me, I like that manual mode that Forex Tester provides even though it is a time consuming way to test. I made my decision based on 2 elements: The entire copy of the main page was quite persuasive too.

So I decided to give it a try several months ago. Comments on Forex Tester You can also add comment via Facebook. Thank you for rating the program! Please add a comment explaining the reasoning behind your vote. Trading may not be suitable for all users of this website. Anyone wishing to invest should seek his or her own independent financial or professional advice.

If you sign up for the service offered by the site, we may receive a 1x fee under specified conditions. We simply receive a 1x fee for you signing up and funding a new live account under specified conditions. Sign up now to receive a free ebook on How to Get an Edge trading the Forex markets.

As a bonus for signing up, you will also get exclusive access to our monthly newsletter, which contains insights not published on the website. You Might Also Enjoy. 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: They completely misunderstand the importance of money management.

Currency trading requires traders to follow strict rules regarding how much they can afford to lose on a single trade and how many trades they can lose per month. If you neglect these fixed rules, or if you do not pay enough attention to them, you will never take your trading to the professional level. One can make amazing trading decisions, be fully in charge of his or her emotions and win most trades.

But all of this success can be fruitless with a single trade that was opened where the trader did not stick to the basic principles of money management. Backtesting, however, allows traders to build their knowledge of these principles. In short, forex training is impossible without forex software — especially without a trade simulator. Start sharpening your money management skills today with the help of Forex Tester 3, the best trading simulator one can find.

Effective learning about forex trading includes the opportunity to correct your mistakes. Most traders do not understand that it is practically impossible to learn forex by using demo and live accounts. 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. You have already lost the trade or range of trades , and the forex analysis will help you avoid making the same mistakes in future, but you simply cannot change the past.

Forex simulators, in turn, can take you back in time so you can truly correct your mistakes immediately — you can backtest your strategy as many times as you need. This amazing forex training software will help you fix your mistakes without affecting your real money. Our trade simulator has plenty of built-in parameters to evaluate your trading performance. With Forex Tester backtesting software, there is no need to simulate the market in the dark. Now, all the necessary components are included.

You can read detailed instructions on how to install Forex Tester here. If you are not satisfied with our Forex Tester software which is very rarely the case , it is easy to uninstall it by completing the following process: Download our software now and see for yourself what Forex Tester can do for your success in this exciting business! 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.

Forex historical data is a must for back testing and trading. Forex data can be compared to fuel and software that uses this data is like an engine.

Software that copies trades between MT4 and MT5 terminals provided by any broker and vice versa. The Remote version includes: MT5 terminals support; secure protocol for increased safety and more