10 years of experience along with 50,000 customers who have entirely changed their approach to Forex trading allow us to state the fact that Forex Tester is the best software when it comes to backtesting your strategies. Finding what works and what does not work on the
currency market never was so simple.
Back testing software without data is like a car without fuel. That is why we suggest you to download completely free data of a medium-quality right from your Forex Tester. However, if you are looking for high-quality
data or even tick data, you can buy it for some additional, yet reasonable, price.
Great strategy’s performance on one currency pair does not necessarily guarantee success on another one. Time is precious and you do not need to wait until the software finishes testing your strategy on EURUSD before you go for GBPUSD. Test your trading system on as many symbols as you
wish. The amount of simultaneous testing charts is limited with your computer possibilities only.
Selecting a proper time frame might be difficult for a trader, especially a novice one. Since you purchase Forex Tester, you do not need to put on trust someone else’s assumptions – test your system on all time frames possible
(including the custom time frames like M3, H2, H8 and alike) and make your choice of which time frame to choose basing your conclusion on
. To save your time even more, feel free to test the strategy on many time frames at the time. At the end of the testing, just pick that time frame that gave you the maximum profit.
If you purchase Forex Tester, you spend just $299. Then divide this amount per your hourly rate
(let’s say, it is $20 per hour). It means that with the lowest hourly rate you will need
to work for 15 hours
in order to earn for the software’s license.
Now imagine how much time and efforts it will save to you. It usually takes years
to become a profitable trader. You can spend 3 years * 365 days * 1 hour a day = 1,095
hours to succeed on Forex using a demo account or
15 (to work for software) + 200 (to find out the strategy that performs great) = 215 hours
if you use our program.
Certainly, these calculations are too approximate; however, they give a clear vision of how Forex Tester will
save your time and money
. Add to your time spending all that money that you will lose on a real account while learning – those hundreds or even thousands of dollars cannot be compared to $299 that you need to spend just once in your life
As you probably know, brokers make money when you lose them. Here, in Forex Tester, we are highly interested in your success – the more you learn while backtesting, the more you earn on a live account. Moreover, the more you earn, the more you will suggest our
software to your friends. It is a win-win situation for both parties.
Once the strategy is tested, a trader needs to estimate its performance. The built-in statistics will automatically display various indications of the tested method so you could understand if this strategy is worth incorporating into your live trading. This statistics
can be also used for
getting insights on how to improve your strategy.