Results 1 to 9 of 9
 0 Attachment(s)    

Thread: Forex Tester

  1. #1
    Administrator funyoo's Avatar
    Join Date
    Sep 2008
    Posts
    7,003

    Default 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

  2. #2

    Default

    Quote Originally Posted by funyoo View Post
    I thought there is a freeware script for that in MT4, you can do it in MT4.
    I saw it somewhere on Russian forum. You can set a speed of simulation and test manually.
    But you can backtest only the trading logic itself, there are other factors like - your sleeping/awake cycle versus Trading session, capacity to focus over long hours. Ability to follow trading logic under pressure stress of dealing with real$$, timing.. ect.
    So live demo and live micro accounts are much more accurate tests of overall setup. In manual trade - you are the system.
    Last edited by Metatrader7; 08-06-2009 at 03:31.

  3. #3
    Junior Member
    Join Date
    Aug 2009
    Posts
    21

    Default

    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).

  4. #4
    Member
    Join Date
    Jan 2009
    Location
    Switzerland
    Posts
    74

    Default

    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.

  5. #5
    Junior Member
    Join Date
    Aug 2009
    Posts
    21

    Default

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

  6. #6
    kevinjones
    Guest

    Default

    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.

  7. #7
    Junior Member
    Join Date
    May 2011
    Posts
    4

    Default

    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.

  8. #8
    Junior Member
    Join Date
    Aug 2009
    Posts
    21

    Default

    We did not post here for a long time and many things changed since then

    We issued a few more versions of Forex Tester, here is the list of some major changes:

    * We added full support of Range Bars into Forex Tester. Now you can open charts with range bars and they will behave like Forex Tester's regular charts. You can add indicators there, paint tools and apply templates. All other chart functions are also available (except step forward by single bar/step backward by single bar in Pause mode).

    * Added new tool - linear regression channel.

    * We started a new data service which collects 1-minute and tick data from different brokers. With the help of this service you can import data directly into Forex Tester. Now, you do not need to manually download all history from our site and import it into the program. Forex Tester can do it automatically.

    * Now Forex Tester can work with floating spread! This option is available only for VIP service subscribers, because only VIP service provides real tick data with floating spread.

    * Added the export of results into the Excel feature

    * Added unicode support and Forex Tester was translated into the Japanese, Chinese, German, French, Spanish languages. You can select your language in Tools -> Language menu.

    And many new features added, you can download updated version here: Download new Forex Tester version

  9. #9
    Junior Member
    Join Date
    Jun 2013
    Posts
    12

    Default

    thanks admin bactset and real not much different

Similar Threads

  1. How to change the spread into MT4 strategy tester
    By fxtester in forum MQL programming
    Replies: 4
    Last Post: 01-06-2016, 07:44
  2. Tester cannot calculate prices
    By fxtester in forum MQL programming
    Replies: 0
    Last Post: 09-17-2014, 10:07
  3. Alternative to MT4 and MT5 Strategy Tester
    By fxtester in forum Softwares
    Replies: 2
    Last Post: 09-01-2014, 20:27
  4. Strategy tester???
    By shaya in forum Trading discussion
    Replies: 0
    Last Post: 07-12-2009, 00:02

Tags for this Thread

analysis, backtest, backtesting, broker, brokers, channel, demo, eas, exchange, fibonacci, forex, forex market, forex tester, forex trading, forex training, free, german, high, historical, hours, index, indicators, live, metatrader, money, mt4, programmer, real, sales, scripts, software, spread, strategies, study, support, technical analysis, test, time, tool, trading, trading software, training

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •