Thread: Forex Tester

Forex Tester is a professional software simulator of the Foreign Exchange Market. It allows you to gain and improve trading skills without risking your money. You do not need to train in real time, waiting for days and weeks to test your trading ideas and strategies, Forex Tester will pack this time in hours and minutes.
This is an excellent forex training tool that will help you to:

• Study trading on the FOREX market in a fast and convenient way.
• Develop and test your own trading strategies without being a programmer.
• Test your trading strategies on years of historical data.
• Save your money and time.

The program has extended drawing tools that allow you to test trading strategies based on technical analysis. It provides some of the most popular technical studies such as: Fibonacci Retracement, Fibonacci Fan, Fibonacci Arcs, Andrews' Pitchfork and others.
Also, we added some of the most popular indicators and oscillators to Forex Tester and continue to increase their number.
For the advanced users and programmers we designed open interfaces with detalied documentation to help you create your own indicators and strategies. Thus, if you have your own ideas, you can implement them using Forex Tester API and significantly expand the program functionality.

Free trial available.

Cost : 135$

http://www.forextester.com/index.html

Yes, micro account and even demo account will give you better testing results. BUT you can save A LOT of time on testing if you use market simulator (where you can adjust testing speed). IMHO for best and fastest results you need to:

1) Create your trading system
2) Test and adjust it using market simulator
3) Test and polish it on demo and micro accounts
4) Go to live account

without steps 2-3 it is quite risky to start live trading
without step 2 you'll spend too much time on searching trouble spots

BTW if somebody want to get discount please email us (sales@forextester.com) and we'll discuss the price (please do not forget to mention Trading System Forex forum).

is there a feature to test metatrader scripts? or otherwise if I use the API from any language, how can I trade live with it? testing alone does not help in any way.

You can rewrite MT EAs to Forex Tester format and test them. Forex Tester has great tools for backtesting EAs.

A great high quality Forex trading software program program offers you with real-time currency price updates and digs for market indicators so you do not need to. You will find two ways yor are able to find the forex trading software program you need, you can use the 1 supplied by a broker or go out and find one for yourself. No matter which way you decide to go, there are some functions that all forex trading software tools should have.

A great high quality Forex trading software program program offers you with real-time currency price updates and digs for market indicators so you do not need to. You will find two ways yor are able to find the forex trading software program you need, you can use the 1 supplied by a broker or go out and find one for yourself. No matter which way you decide to go, there are some functions that all forex trading software tools should have.