Statistics reveal true performance: You can take notes on every trade (keep a trade journal) and export your trade log for analysis in Excel or other programs. Don`t rely on estimations or even wishful thinking any longer!
Amateurs have to rely on assumptions and believe what others tell them. Professionals make their decisions based on facts. Forex Tester will deliver the hard facts about your strategies. If a strategy is not profitable, you will find it out quickly with Forex Tester (contrary to testing in a demo account). Now you can improve it or invest your time to develop another strategy. Likewise, if you have a great strategy, you want to trade this as soon as possible. Forex Tester delivers the results you need to do so with confidence (good strategy? Forex Tester will let you know pronto => you can start trading it now with no sweat).
In backtesting a trading strategy, optimizing its parameters can be what takes it from OK to great. Forex Tester makes this process more easy than ever. Knowing which parameters make your strategy work will not only make the strategy better but very often this generates 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. 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 are traders ourselves and first developed Forex Tester to develop our own trading.
Forex Tester is all about maximizing your profits (by choosing and optimizing your strategies) and saving you time. One of many details The project is one more feature that will boost your efficiency is the way Forex Tester uses project files: You can save the current session, load another one and then continue the first session later.
You can also save color schemes, graphical instruments and indicators and then load them on the next chart. This is especially useful if you test your strategy on multiple currencies and multiple time frames.
14 years of recorded price movement of the Forex currency market for
Forex Tester will most likely improve your net result much more than what it costs. That`s why 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 develop new strategies and adjust their proven methods to the changing market. Its accuracy and flexibility is unrivaled.
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 manual 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. Automatic Backtesting is a matter of minutes (or seconds). Forex Tester does both.
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.