Forex Tester has two working modes: History Mode and Testing Mode. The diagram below shows the relationships between these two modes:
History Mode is designed for the next purposes:
Testing Mode is designed to emulate a trading terminal to practice and test trading strategies. It allows to:
You can switch between these two modes using this drop-down list:
Note: that each mode has its own desktop (the number of charts and their layout), and, when you switch between these modes, the chart layout will be changed according to the selected mode. Also, some options are available in one mode and not available in another. For example, the Start Test button is available in Testing Mode (because you can start testing only in this mode) and not available in History Mode. The same situation with Data Center. You can import/export/prepare historical data only in History Mode, so these buttons will be grayed in Testing 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.
We'll help you become intelligent Money Managers and gain you entry into the elite group that actually makes money trading Forex.
Software that opens trades in a fraction of a second with a built-in risk management calculator. Set predefined Stop Loss & Take Profit values for instant entries. Compatible with Forex Tester and MT4.