IMPROVE FOREX TRADING SKILLS WITH FOREX TESTER SIMULATOR
Forex Tester Real Software Simulator for
Build Strong Trading Skills
Forex Tester is a Computer Simulator Software for Forex Trading Skills. It allows you to practice trading and test out different strategies against the historical market data, rather than risk real money. The Software gives total control over the testing process. The user can choose the testing speed, make a pause, track history forward by bars, or roll it back if the activities result into a loss, enter new parameters and retest your strategy.
The Forex Simulator contains a library of indicators and oscillators to help the trader to decide when to enter or exit a trade. You will find a variety of standard indicators. The library is regularly updated with new indicators, and you can create your own custom indicators using Forex Tester API and samples of how to create custom indicators in the help system.
Forex Tester has been designed for everyone, including beginners who are just taking the first steps into the world of FOREX and professionals who want to prove their trading skills. Developing a New Trading Strategy that brings profit is one of the most difficult things to do. While a live FOREX demo account can help in this process, practicing in real time is too long and complex. Forex Tester reduces learning curve from weeks to minutes and allows the trader to test strategies many times.
Forex Tester Best Software Simulator
Forex Tester brings precise, realistic results, letting the beginning trader gain real experience and prepare to trade on the real market. To achieve more precision, the program handles swaps, spreads, margins and other market parameters. You can see the results of testing as profit diagrams, including balance, margin, equity and drawdown. Besides, Forex Tester has no restrictions on the number of currencies, or timeframes to be used for testing, which is inacceptable for multicurrency testing. The program imports an unlimited number of currencies and years of historical data and allows you to test them simultaneously.
Forex Tester brings all important information and tools up front, letting the user trade with remarkable ease. Offering a multi-window interface, the program allows one to open several windows with different currencies and timeframes of one currency simultaneously. Any operation is a mouse click away. All needed parameters can be selected from menus, and the user does not have to write formulas.
To Start with Forex Tester, you are required to get history data and generate ticks. The program can import history data from different sources and in various formats, including MetaTrader history format. Once the history is loaded, it’s necessary to generate ticks for testing. To do so, you should choose the desired method to generate ticks, select the currency name, specify the timeframe for trading and generate ticks. When the process is completed, you can start testing. Forex Tester will read and process the prepared tick data and build bars. Once you have completed all the steps described, you can buy, sell or place pending orders, pause testing, trace by bars, or rewind the history.
Forex Tester all the features you can get in one Simulator Software
• Import historical data from any text format, including Metastock *
.csv format and from MetaTrader 4 history format (*.hst)
• Unlimited history size (limited only by hard drive capacity)
• Export history to Metastock text format (*.csv)
• Trade on history, executing orders, placing pending orders and tracking open positions
• Prepare lists of pending orders and set them with one mouse click
• Hotkeys to buy and sell quickly with predefined parameters
• Buy, sell and place pending orders through the right-click menu
• Control testing speed
• Pause testing
• Track history forward by bars and lower timeframes
• Track history backwards by bars with restoring closed positions
• Powerful graphics engine
• Scale diagrams up to 1 pixel per bar in horizontal direction
• Paint graphics elements of different styles on charts and snap control points to bars on the graph
• Account history and operation journal
• Customizable profit diagram that shows balance, equity, margin and drawdown
• Display closed transactions on the chart in a convenient way
• Rich library of business indicators and oscillators and ability to create custom indicators
• Open interface to create and test your own trading strategies
• Test unlimited number of currencies together
• Test unlimited number of strategies together (portfolio testing)
• Quick testing
• Extended statistics on testing results
• Templates








