How does it work? Forex Tester simulates the Forex market with unequalled realism. You can test strategies and train your trading skills on simulated years of data in just a few hours real time. Our strategy tester works with the recorded price movement of the real Forex market 15 years of historic price data. Like a recording of music, you can jump forward, pause or jump right to the interesting moments. You can go back to any point of time within the recorded price data and if you have saved a testing session project before, you can also restore all your open trades, trade history and account balance of your simulated broker account at this moment of the simulation.
Statistics reveal true performance: You can take notes on every trade keep a trade journal and export your trade log for analysis on Excel or other programs. Theres no longer any need to rely on estimations, or even on wishful thinking! Amateurs have to rely on assumptions and believe what others tell them.
Professionals, however, 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 that out quickly with Forex Tester contrary to testing in a demo account. Now you can improve it or invest time in developing another strategy.
Likewise, if you have a great strategy, you will want to trade as soon as possible. Forex Tester delivers the results you need to do so with confidence. It is a bit expensive but I heard that they launch promotions from time to time.
I live in India and for me bucks is a huge amount of money. I thought a lot if I should buy this software. I browsed different forums, read testimonials and then finally decided to purchase the program.
Even though I had to save money for several months, I'm definitely satisfied with my investment because I've already saved much more by not going along with losing strategies. And of course I will keep testing every system I find because I have a lifetime license of Forex Tester. Was this review helpful?
The program is easy to use. If you worked with Meta Trader then you will quickly understand how to work with this software. The free data that comes along with Forex Tester is not that qualitative and has some gaps. However, when I imported the data from my MT4 the results became excellent. I recommend this program to all traders, the beginners and the experienced ones. I was surprised when I realized how much time and money I was spending on a real account, when I could just choose to test my strategies on this backtesting software without losing anything.
You will only be mislead by false assumptions and the ability replay. This software does nothing to help you make better LIVE trading decisions in real-time. You are better off paper trading a demo account. I have been using your software for about a week now, and I must say I don't know how I could've lived without it!
I've been trading Forex for over four years!!! It's been the best money I've ever spent on software for forex trading! I love the order placement with its ease of use I was a bit scared of trying it but if I can figure it out, anyone can!
So, in closing - thanks for a great product! This is the closest thing to real life that there is. You need to use this tester before you test with real money. I would like to be able to add some of my own indicators without having to be a programming genius. I have MT4, which this is very similar to, so I would like to add Mt4 indicators. You have to have this program to TEST your trading. Demo accounts take to long to trade with. This is an invaluable tool for forex traders.
From Forex Tester Software: Forex Tester 3 is a software that simulates trading in the forex market. Test and improve your trading strategy for consistent and growing profits. Grow confident in your strategy so you can keep a clear head, act immediately on trading opportunities and avoid mistakes when you trade live later on.
Become an experienced and successful trader in less time. Reviews Current version All versions. Sort Date Most helpful Positive rating Negative rating. Results 1—5 of 5 1. Pros Saves time, money and efforts immensely Cons It is a bit expensive but I heard that they launch promotions from time to time Summary I live in India and for me bucks is a huge amount of money.
Reply to this review Was this review helpful? Pros The program is easy to use. Cons The free data that comes along with Forex Tester is not that qualitative and has some gaps.
Summary I recommend this program to all traders, the beginners and the experienced ones. Pros Interface looks a bit like Metatrader. Summary Not worth the cost at all. Pros I have been using your software for about a week now, and I must say I don't know how I could've lived without it! Cons I would like to be able to add some of my own indicators without having to be a programming genius. You are logged in as.
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