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.
Forex Tester will help you to see the results and not the expectations that you are trying to project. If the strategy is unprofitable you will not need to spend months to comprehend it (as it happens on a demo account).
If you have backtested your strategy and discovered that it gives you profit then you can change some parameters of it and then start a new test. That will allow you to understand which shifts you need to do in order to improve your trading system.
Spreads and swaps can be defined for each currency pair making the simulation and earning results even more realistic. Advanced data feed includes historical data from different brokers. Forex Tester enables you to train and test with a maximum 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: we first developed Forex Tester to improve our own trading.
Forex Tester is all about optimizing your strategy and saving your time. The project is one more feature that serves this aim and that is easy to be configured. You can save the open session, load another one and then continue the first session later. All your trade history will be available for you anytime you need.
You can also save color schemes, graphic instruments and indicators and then load them on the next chart. It is especially useful if you test your strategy on multiple currencies and multiple timeframes.
14 years of recorded price movement of the Forex currency market for
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.
It`s often said that 95% of Forex traders lose all their money in the first year.
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 well in recent months will continue to generate profits in the future.
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.
You can read detailed instructions on how to install Forex Tester here.
In case if you are not satisfied with Forex Tester software (which is almost impossible) it is easy to uninstall it in "Start menu → All programs → Forex Tester → Uninstall Forex Tester".
Download now and see for yourself what Forex Tester can contribute to your success in this exciting business! The limitations of the demo are modest so you can use Forex Tester for learning/testing even in a demo mode.
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.
Software to copy trades between MT4 accounts. Supports all brokers, has plenty of features such as Lot/Risk Management, Filtering trades and Reverse Trading, Lifetime Support.