Forex for a trader
Forex tester espanol

Forex tester españolEvery trader should have the choice which trading instrument to choose. No one should be limited by most common currencies only. There are a lot of traders who want to trade majors and most popular crosses. But there are also plenty of people who want to trade the currencies of their countries. Others desire to learn how to trade very rare currency pairs, popular stocks, indexes and commodities. Forex TesterЂ™s paid services allow you to get all of 118 symbols (instead of 18 symbols of the beginner subscription type).Why to go for less when you can get more with some decent payment? Trade gold, Dow Jones Industrial Index and Russian Ruble; make use of silver, IBM stocks, Honk Kong dollar and S&P 500. Solution: Every dollar you spend on your education will be multiplied afterwards. Never refuse to invest into your knowledge and skills! Every trader needs to backtest his strategy on the historical Forex data of his broker. Example: imagine that you are a boxer and you train hard 7 days a week preparing for the fight. You watch videos of the fights of your opponent, learn his specific moves, invent the methods how to eliminate his strong sides and strengthen your weak points. Then you go on ring and all of a sudden you discover that you are going to fight with the opponent youЂ™ve never seen before. Somehow the people who are in charge of the fight changed the guy you had to fight with on another boxer. All your preparations were completely useless: you are frustrated and shocked at the same time.

The same thing happens on Forex if you trained yourself on the data of one broker and afterwards traded on the historical market data of another one. Solution: to avoid this unnecessary issue you would better use the historical Forex rates of your broker from the very beginning. Our paid market data feed is taken from 10 different brokers at any taste for your most accurate results. Traders are interested to use the historical financial data of the latest events. It is certainly useful to test your trading system on the historical Forex data of the previous years but most of the people want to backtest them on the yesterdayЂ™s historical tick data. Example1: If today is the 14th of February then you have to wait for 2 more weeks in order to backtest your strategy on the FebruaryЂ™s historical Forex rates. With paid services there is an opportunity to download todayЂ™s market data feed the next day. Example 2: You were at work and youЂ™ve missed good trades that happened in the afternoon. You have 2 options: to feel bad about it or to download this Forex data feed tomorrow and test how would your strategy perform in those circumstances. Solution: Do not wait for months Ђ“ buy it now. 5-digit data allows getting the most accurate backtesting results especially when it comes to the short-term and scalping strategies. If you put to use small stop loss and take profit values, if you open dozens of trades every single day, then the 5-digit data is an obligatory element of your backtesting. Forex tick data shows the real non-simplified market conditions. If the price has been changing for 45 times during the current candlestick then you need to see all those changes. 1-min data will only show 4 prices to you: open, high, low and close. Example: imagine that you are using a short-term strategy or a scalping strategy.

You use free Forex data feed that provides you with just 4 prices on each 1-min candlestick. For long-term strategies this option is sufficient, but what if your trade lasts for less than one minute? Most of the scalpers close their orders in 20-30 seconds and each tick is incredibly important for the final result. With Forex tick data you will also get that specific feeling as if you are trading online. This is a crucial factor in your psychological growth as a trader. Solution: buy historical tick data and trade as on a real market. Not only the price and volumes change on the Forex market. The spread tends to be different depending on the different circumstances on the market. Before and especially during big news spread can become altered significantly. You might learn the simplified version of Forex, then go to a real market and find out that your version has nothing to deal with reality. Solution: purchase the high-qualitative historical financial data and get used to the real conditions from the start. Forex tick data shows the real non-simplified market conditions. If the price has been changing for 45 times during the current candlestick then you need to see all those changes.

1-min data will only show 4 prices to you: open, high, low and close. Example: imagine that you are using a short-term strategy or a scalping strategy. You use free Forex data feed that provides you with just 4 prices on each 1-min candlestick. For long-term strategies this option is sufficient, but what if your trade lasts for less than one minute? Most of the scalpers close their orders in 20-30 seconds and each tick is incredibly important for the final result. With Forex tick data you will also get that specific feeling as if you are trading online. This is a crucial factor in your psychological growth as a trader. Solution: buy historical tick data and trade as on a real market. Not only the price and volumes change on the Forex market. The spread tends to be different depending on the different circumstances on the market. Before and especially during big news spread can become altered significantly. You might learn the simplified version of Forex, then go to a real market and find out that your version has nothing to deal with reality.

Solution: purchase the high-qualitative historical financial data and get used to the real conditions from the start. You will be able to renew your data feed every single day during the next year. Most professional traders claim that the latest data are the most important. That is why testing on the latest historical rates create the biggest proof whether your trading system is capable of bringing profits or not. Analogy. In an exponential moving average, the latest price has twice-bigger impact compared to the previous ones. The same principle can be applied to the data: test your strategy on many years of historical rates and consider caring more about the results of the last year. If the software fits your needs, your credit card PayPal account will be charged the full price in three days. During the next 30 days you still have an opportunity to return your money back any time without explaining the reason of the refund. You can switch off your subscription any time and then re-subscribe later. By subscribing, you get all the features of Forex Tester at a more affordable price.

All minor software updates within Forex Tester 3 version are included into this package. Forex Tester is a software that simulates trading in the forex market. It is designed for you to learn how to trade profitably, and to create, test and refine your strategy for manual and automatic trading. Forex Tester 3 has been released! Forex Tester gained even more features and is configured even more easily. Download the free demo version and see for yourself: DOWNLOAD FOREX TESTER 3 OR BUY UPGRADE. Information about the most important features of Forex Tester 2 that will also be in Forex Tester 3: forextester. comfeatures. If you already use Forex Tester 2 then you can download the guide on how to move your projects, templates and data here. 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. ThereЂ™s 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. (Good strategy? Forex Tester will let you know pronto => you can start trading it now without hesitation.) When it comes to backtesting a trading strategy, optimizing its parameters can take it from okay to great. Forex Tester makes this process easier than ever. Knowing which parameters make your strategy work will not only make the strategy better, but it can also help generate ideas for new strategies. 7 white papers about the key aspects of trading 3 profitable strategies that we have tested for you The description of the core Forex TesterЂ™s features. Our valuable partners. MANUAL TRADING SYSTEM COMBINED STRATEGIES AUTOMATIC TRADING SYSTEM.

How Forex Tester can improve your trading results: Our program is flexible and realistic! Spreads and swaps can be defined for each currency pair, making the simulation and earning results even more realistic because you can simulate the broker of your choice. The advanced data feed includes historical data from various brokers. Forex Tester enables you to train and test with great flexibility. You even have the option to adjust strategy parameters on the fly without stopping the simulation! You can test more than one EA at a time while observing what is happening during the simulation. Our program is the best solution available on the market, and this is no coincidence: We are traders ourselves, and we initially developed Forex Tester to develop our own trading. Save and return to your tests anytime you want. Forex Tester is all about maximizing your profits (by choosing and optimizing your strategies) and saving time. One of many details surrounding the project is that it will boost your efficiency.

Forex Tester uses project files in the following way: You can save your current session, load another one and then continue the first session later. You can also save color schemes, graphical instruments and indicators, and then add them to the next chart. This is especially useful if you are testing your strategy on multiple currencies and timeframes. Historical data for accurate testing is available FOR FREE. 17 years of recorded price movement of the forex currency market for. We offer Forex Tester at a very competitive price. Forex Tester will most likely improve your net results by much more than what it costs. ThatЂ™s why buying Forex Tester with our money-back guarantee is a no-brainer. If you are serious about trading currencies, Forex Tester will become an integral part of your evolution as a trader, just as it has for so many others before. Many professionals use it on a daily basis to develop new strategies and adjust their proven methods to accommodate the changing market.

Our accuracy and flexibility are unrivaled. An extensive set of indicators and oscillators is included: Moving Averages Bollinger Bands MACDs Pivot Points Parabolic-SAR RSI Stochastic Alligator Keltner Channels Heikin Ashi candles Ichimoku Average True Range and much more are available. Why market simulation makes sense. ItЂ™s often said that 95% of forex traders lose all their money in their first year. So, what makes a trader successful? In interviews, the best traders in history have unanimously emphasized the importance of backtesting. Backtesting means using the historical data of a capital market (price movement records) to determine how well a trading strategy would have worked in the past. While there is no guarantee, very often a strategy that performed well in recent months will continue to generate profits in the future. In manual backtesting, trading many monthsЂ™ worth of recorded market days in the simulation takes just a few hours of your time because you control the speed of the simulated market. This enables you to test not one, but many strategies (in addition to variations). Automatic backtesting occurs in just a matter of minutes, or even seconds. Forex Tester does both.

With Forex Tester, you can practice analyzing the charts and finding opportunities to trade without risking any real money. The importance of learning canЂ™t be overestimated. When you trade manually with real money, you are under stress. And yet, you still have to make quick decisions. This is something you can only do with sufficient experience. Unfortunately, your brain does not work like a piece of paper that holds written information indefinitely once itЂ™s been processed. You will forget information that you donЂ™t use regularly. WeЂ™ve all heard the saying ЂњUse it or lose it! Ђќ Well, with Forex Tester, you will be making more trading decisions than you would on any other method or tool. Our program is the quickest and most effective way to learn trading. Compare Forex Tester to Using an MT4 Demo Account. Backtesting with Forex Tester compared to MT4. In short, software for live trading was not made for backtesting, and thatЂ™s why it does not do this job well.

MT4 is one of the best and most popular platforms for live and demo trading. It does include a feature for backtesting, which was added as a result of user demand. However, it has significant flaws, which is no surprise because the developers have to focus on MTЂ™s main job: live trading. To close the gap, we developed Forex Tester because we wanted a better alternative for ourselves. Now weЂ™d like to share it with you. Currency trading is one of the most complicated ways to make money. To succeed in the forex market, a trader needs to develop the following 3 branches: Psychology Method Money management. If your forex training does not involve at least one of these important steps, you will definitely lose in the long term. Our trading simulator allows people to improve their knowledge and skills in all of these areas. Psychology . In terms of evolution, human beings have not adapted to accommodate trading.

In other words, we have all been terrible traders from the very beginning because our DNA does not have the necessary features to go about it effectively. Even if you learned all the ins and outs of the market in theory, you will still not be ready to trade without a strong ability to control your mind and emotions. The only way to really handle this area is to use a forex simulator. Trade simulation is way of better than demo and real accounts. With demo accounts, you will have to wait for ages to open a decent amount of trades. With live accounts, you will get a feel for the real market, but because you havenЂ™t mastered your emotions, you will keep trading illogically and lose your deposit very quickly. With our trading simulator, traders have the opportunity to be in an exciting atmosphere where they do not know how the market is going to move (as is the case with a live account). At the same time, traders can determine that information immediately Ђ“ a feature offered by neither demo accounts nor live accounts. In short, our backtesting software will supply you with all the market analysis tools you need to tame your inconsistent nature. Method . The abundance of trading strategies available on the Internet creates the false belief that you have everything you need. However, if you try the appropriate forex trading simulator, you will immediately discover that this is a huge lie. The vast majority of these so-called profitable strategies that bloggers and pseudo-traders promote can give you a few profitable trades, but eventually they will create a significant drawdown in your deposit. While youЂ™re learning how to navigate the complex world of forex trading, the most important rule is this: DonЂ™t be too trusting. If youЂ™re too open to what others have to say, you risk compromising your 3 most powerful assets: time, money and self-esteem.

If you choose not to backtest the strategies of questionable sources, eventually you will lose all of the money you have saved for trading. Consequently, without a form of forex backtesting software, you will spend hundreds or even thousands of hours learning about the forex market without yielding any positive results. Moreover, without Forex training software, you will end up frustrated and depressed. What normal people would want to spend their time, money and effort on this fruitless task? There are just 2 possibilities available for you now: Either choose the path of failure or buy what is probably the best trading simulator in existence and avoid losing anything. No one can guarantee that you will learn how to trade with our trading simulator, however. It all depends on your work ethic, dedication and ability to analyze your learning methods and trading actions. It depends on whether you make the right decisions and stick with them. Money management. There are a lot of smart and disciplined traders who still cannot succeed in the forex market. The reason for this is that they lack an incredibly valuable pillar in their trading: They completely misunderstand the importance of money management. Currency trading requires traders to follow strict rules regarding how much they can afford to lose on a single trade and how many trades they can lose per month.

If you neglect these fixed rules, or if you do not pay enough attention to them, you will never take your trading to the professional level. One can make amazing trading decisions, be fully in charge of his or her emotions and win most trades. But all of this success can be fruitless with a single trade that was opened where the trader did not stick to the basic principles of money management. Backtesting, however, allows traders to build their knowledge of these principles. In short, forex training is impossible without forex software Ђ“ especially without a trade simulator. Start sharpening your money management skills today with the help of Forex Tester 3, the best trading simulator one can find. Correct Your Mistakes . Effective learning about forex trading includes the opportunity to correct your mistakes. Most traders do not understand that it is practically impossible to learn forex by using demo and live accounts. Demo accounts give you a chance to learn forex trading if you have dozens of years ahead of you, and live accounts make it impossible for you to fix your mistakes. You have already lost the trade (or range of trades), and the forex analysis will help you avoid making the same mistakes in future, but you simply cannot change the past.

Forex simulators, in turn, can take you back in time so you can truly correct your mistakes immediately Ђ“ you can backtest your strategy as many times as you need. This amazing forex training software will help you fix your mistakes without affecting your real money. Detailed Statistics . Not only can you fix any mistakes youЂ™ve made, but you can also take your forex trading training to a higher level by using detailed statistics. Our trade simulator has plenty of built-in parameters to evaluate your trading performance. With Forex Tester backtesting software, there is no need to simulate the market in the dark. Now, all the necessary components are included. ЂњNet and gross profit, Ђќ Ђњmaximum profit and loss trade, Ђќ Ђњmaximum drawdownЂќ and other values will improve your forex currency trading in a timely fashion. Publisher's Description. 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. Forex tester espanol.

SphereTester is the most complete forex tester and simulator utilising the power of MetaTrader 4. Grapical User Interface, order management, economic calendar, multi timeframe backtesting and other enhanced features ensure a like for like trading experience. It can simulate trading for any instrument, supports all order types and operations, has an easy to use graphical interface and most importantly it is the first forex tester that features an economic calendar. For a video review in Spanish click here: Review del simulador de forex SphereTester. SphereTester is the first forex simulator that has a built-in economic calendar. It can display news events and their actual, forecasted and previous values for any period of time starting from 2006 for any major currency or economic event. This unique solutions ensures that you can factor in the different news events and their impact in your trading strategies easier than ever before and gain a better understanding of how these events affect the movements of any currency pair or instrument. Updated real time and and easily customisable, this is the most appreciated and extensively used feature of the software used by hundreds of traders worldwide. Multi timeframe backtesting. SphereTester is the only forex simulator for MetaTrader 4 that natively supports multi timeframe backtesting! You can generate any timeframe for any instrument and use as many charts in your backtest as you like. Watch the video to see how easy it is! Learn, Develop, Test, Analyse, Improve. All instruments change their behaviour and characteristics over time and it is crucial that traders recognise and understand these changes. SphereTester helps with the development of new trading strategies, testing, analysing and improving the results. All this using the MetaTrader 4 framework and all it’s features plus your custom indicators and scripts. Practice at any time it suits you, and become more prepared for live trading in less time.

SphereTester can help you to learn the basics of trading, discover patterns and correlations or use it to develop and test trading strategies, improve your entry, exit and risk management rules and analyse how trading around news events affects your performance. Graphical interfaces throughout the software are designed to ensure that you can concentrate on the execution of your strategy without being distracted with the details but still providing all the tools you need. Forex Tester Professional. Publisher's Description. Forex Tester is a Professional Forex Training Software. It is a trading simulator, which allows to make trades on a history data, develop and test trading strategies. Trader can acquire and improve trading skills. The speed of price updating is conveniently regulated, forward and backward options. We believe that it is the best for manual testing of trading ideas based on classical technical analysis. Provides trading statistics.

Version 1 build 12 added new indicators and tested compatibility with Windows Vista. Results 1–2 of 2. "Rip-off of Metatrader4" "Rip-off of Metatrader4" JimJonJam March 21, 2009 Version: Forex Tester Professional 1 build 12. 2009-03-21 14:27:31 | By JimJonJam. This whole program is a con! I think the previous reviewer is the developer because this program is a complete rip-off of the MT4 platform which is complete and free at many brokers. You can get all this and more through the Metatrader4 software with a FREE demo account. Just search for brokers that offer the MT4 plaform. "Excellent tool for Forex trader" "Excellent tool for Forex trader" Terranin July 28, 2008 Version: Forex Tester Professional 1 build 12. 2008-07-28 06:23:52 | By Terranin. I stumbled across Forex Tester and decided to give it a try. I'm very pleased that I did. With it I have been able to do hours and hours of demo trading. Because I can control the speed of the simulation, I can do more demo trading with it than I can with a real demo account (an account that is constrained to real market speed). And I can practice on weekends when the market is closed. I've already been able to test more than 5 systems and I've learned all kinds of techniques using it - finding support and resistance, drawing trend lines, practicing Fibo retracements and extensions. It has all the studies I could ask for - moving averages, stochastics, MACD, bands, RSI, etc. The interface is very similar to MetaTrader 4 which is the software I first began using to demo trade, so it was very easy for me to learn. With a few good books, a solid connection to a good training community via a good Forex forum and Forex Tester software, I have everything I need to move toward success in my trading. I'm already seeing improvements in my ability to pick good trades, avoid simple newbie mistakes and I'm seeing my simulated account growing already. Best money I've spent on my Forex education. I can't recommend this software highly enough.

Excellent program!! Forex tester espanol. Click on the purchase button and proceed to the checkout page. Enter your details and you will be redirected to PayPal to complete your payment. After successful payment you will be taken back to our site and presented with a link to download SphereTester. At the same time we will also email you the download link, purchase receipt and your licence key. Your download will contain a zip file that contains the software (ex4 extension) in a compressed format. Please note that dll imports in the MetaTrader 4 terminal have to be enabled for SphereTester to operate correctly. Download the zip file and open it Right click on the ex4 file and select copy Open your MT4 Terminal and go to FileOpen Data Folder Go to MQL4Experts, right click and select paste Restart MT4 and SphereTester will be available in the Strategy Tester Select SphereTester and click on start Enter your licence key when prompted The software is now installed and activated on your computer! Minimum: 1 GHz or faster 32-bit (x86) or 64-bit (x64) processor, 1 GB RAM (32-bit) or 2 GB RAM (64-bit) Recommended: 2 GHz or faster 32-bit (x86) or 64-bit (x64) processor, 2 GB RAM (32-bit) or 4 GB RAM (64-bit) Disk space: SphereTester uses less than 5Mb of data on your hard drive all you have to make sure is that you have enough space for historical data. Your Complete Satisfaction is Important to Us. We strive to remove all risk from your purchasing decision and offer a 30-day, No Questions Asked, Money Back Guarantee.

If you are not completely satisfied with SphereTester, please contact us within 30-days of purchase for a no-questions-asked, full refund. Yes, we provide a 30-day, no-questions-asked, money back guarantee. This cooling-off period is designed to ensure that you are happy with your purchase of SphereTester and to remove any risk from your purchase. Beyond this cooling-off period, we will not normally give refunds if you change your mind. We do however provide 247 technical support and will happily solve any technical challenges you encounter with our software. In the rare event you are not satisfied with SphereTester and require a refund please contact us using the contact form and quote your email address you have used to purchase a licence. Please allow up to 30 days for the credit to appear on your billing statement. Forex Tester 3: How Backtesting Strategies Saved my Trading Career. Forex Tester 3 saved my money. Hey traders, this post is a review on the software, Forex Tester 3, that I use everyday for my strategy back testing. If you would like to have a free trial you can get it here. Lots of people who are struggling with their trading methods for a long time are looking for help on how they can start taking Forex trading as a serious business and quantify their results. I started this blog to help you get to the next stage of being a professional trader who finally knows what he is doing.

Why am I writing to you? In the last few weeks I got a lot of emails about back-testing tools and your questions are: Which is the best back-testing software? What is the most affordable testing software? Which software should I choose? Should I use Forex Tester or Traders Gym? So I want to share my experience with you, and also explain to you a few things about Forex Tester software, why I use it, how to get it, and I will compare FT with other companies. Forex Tester was founded in 2006, and today it has become the single most powerful and popular Forex back-testing software provider. Below is my personal experience of how I got to know this company and their software, and how they changed my life. I almost quit Forex trading! Many of you might not believe it, but i am not a smart person and I learnt everything through the hard way. Years ago, I was struggling with my trading, because my results were inconsistent. Like many other traders in this market, I was jumping from one strategy to another. I surfed the internet and forums for trading systems that I agreed with and made sense. I believed firmly in my chosen system and invested time and money into trading it. Most of the time, the system worked really well at first. But somehow or other, it began to lose big money.

That caused me to panic and stop trading the system. The next thing i realized, I was again, searching the internet for the next better strategy. Does this sound familiar? And that became a vicious cycle…. The more money I lost, the more frequently I changed to the next popular trading system. Very soon, I realized that my account was down by 30,000 US dollars. Now, I know what some of you might be thinking. 30,000 USD might not be that much to some of the traders out there. But to me, 30K was HUGE, because I was just a graduate fresh out of school then. And that hasn’t even take into account, the months and years that I have wasted on each strategy that didn’t work out. That process was painful and I was already on my way out of this business!

Backtesting became my holy grail. Before I continue…. Sorry guys, I know I am suppose to write a proper review on the software, but please bear with me as the mood came and I feel like sharing my own personal experience. I promise I will write it below later. Back to what I was saying, I nearly quit trading due to wasting too much time and money. This was when I met my mentor, James W, from my local Forex community, who showed me things that I have never seen before. There were many things that I have to thank James for. But listen very carefully to what I’m going to say next: James lent me his copy of Forex Tester 2 (yeap, it was FT2 during that time. I only recently upgraded it to FT3 in year 2016) for a weekend, and that changed my whole trading career forever . He probably didn’t even know it because he was just casually giving me materials, along with some other ebooks. Here’s what happened over that weekend: Right off the bat, I ran a quick backtest on my latest strategy to investigate why it failed. True enough, the strategy returns a total loss of 34% at the end of 18 months.

Heck, why didn’t I do this earlier, instead of wasting a year on a lousy strategy? As you might guess, I spent every minute of that weekend working the software to backtest every single strategy that I knew of. Without any hesitation, I purchased my own copy of Forex Tester and spent the next 2 months at home, running backtests after backtests. Now, here comes the scary part : When I put all the strategies to backtest over 10 years of data, only 10% of all the strategies managed to give a profitable outcome. Yes, you read that right, 10%. Believe me or not. That means 9 out of 10 trading systems out there failed the 10-year test. That became the turning point of my trading career, as I now only use methods that I have personally tested and proven to work across 5 to 10 years of data. And that’s only half the story. Having personally tested a strategy through 10 years of data also allows me to have supreme confidence on my strategy even during temporary drawdowns. If there’s anything I wished I would’ve done differently, that will be to start doing backtest earlier in my trading career. Your trading strategies and YOU! Enough of my story, lets talk about your experience…. Now, let me ask you a few questions: For the methods that you’re trading now, where did you learn it from? How did you make sure that your method is profitable in the long run? Are you assuming that it is profitable because other forum members said so? What is the maximum potential drawdown? How far back have you tested the methods yourself?

Is trading a business or just your hobby? For the vast majority traders, the answers to the above questions will mostly be “I don’t know.” And how do I know? That’s because I’ve been there and done that! I had sat on that same seat, looked at the same charts, and asked myself the same questions everyday! I got lucky that someone showed me the “holy grail”. So in return, I will share my “holy grail” with my readers. OK, I know that my post today might piss a few traders off who refuse to agree with reality. But what’s more important is that I know this post will help many confused traders by helping them see the problems. But don’t take my word for it. You should always try it out yourself. Click here to download free trial copy of Forex Tester 3, and experience a totally new perspective of the Forex market. Always keep this in mind.

Amateurs have to rely on assumptions and believe what others tell them. Professionals, however, make their own decisions based on facts and testing results. Why Forex Tester 3 and not other software? New and powerful. Throughout the years I was also offered free usage of other testing software, but I have not yet come across any other software that come close to what Forex Tester 3 software can offer. So if you ask me, always choose Forex Tester 3 and it should be your first choice. I will show you more benefits of using FT3 now. Saves your precious time . By back testing your strategy on Forex Tester 3, you will quickly find out whether the strategy is profitable or not. That will otherwise take months or even years of live trading to gain the same insight. Saves your money . Forex Tester 3 cost $299 for lifetime ownership, and a lifetime of support from their professional team. Actually, you can easily lose more than $299 in one bad trade, and still not learn anything. FT3 will save you tons of money, at least for me. It is really up to individual to decide whether they are ready for the next level. 15 years of historical data . You can choose to start and end your back test period anywhere in the Forex history. No other software can offer anything comparable, as of now. Free trial download available for traders to experience the power of backtesting.

Although free trial version contains only 1 month of historical data, it is often sufficient to make a wise decision base on that. Market replay and fast-forward . Back test your strategy in market simulation environment. Basically it lets you replay, rewind, fast-forward, pause, restart, etc. Just like trading in MT4 history but with video controls and simulated profit and loss account. Indicators and drawing tools. You can do nearly everything that you do on MT4, with Forex Tester 3’s extensive range of indicators and tools. Detailed analysis of strategies . You can export your back test trading results into excel or other compatible formats to carry out in-depth analysis. Check out some of my posts on reviewing strategies. Lifetime support from professionals . Forex Tester 3 is run by a group of traders, and programmers who started out with the same goal as you and I had. And that is to test and improve on their trading strategies and skills. Having their support is a great tool towards successful trading. 30-day money-back guarantee .

So if you don’t like Forex Tester 3 when you buy it, you can get your 100% money back. But FT3 cost slightly more than some other cheaper back testing software? What’s the difference between Forex Tester 3 vs Traders Gym? Don’t buy cheap things, please. You might be just wasting your time. Promise me that you’ll either not buy anything, or buy something real and useful that actually worth it and make a difference your trading business. Here’s something you probably don’t know about… I had the chance to try out Traders Gym by Trade Interceptor. After spending some time to setup the configurations and stuffs, I found that the maximum testing time is only 5 years. Although that is what it said on the screen, there was actually only one year of data available for even common pairs like the EURUSD! I was so angry I wasted my time on that day. What can you test with just one year of data omg? Compare that to Forex Tester 3, which provides 15 years of data all the way back from 2001 for all the pairs that they provide data for. There is absolutely no point in using a software that does not have enough quality data to do proper testing. Quality comes with a small price, but then again it’s up to individual preference. Do yourself the favor today and download the free trial version of Forex Tester 3 and experience it yourself. It’s free anyway!

I hope you will be satisfied with this post and if you have some questions please comment below, or contact me and I will help you with everything. Forex Tester 3 Review and How to Get Free Tick Data. Use: Forex trading simulator. Forex Tester 3 has many features that will help you backtest a new trading system quickly or just practice Forex trading. Price. Forex Tester 3 is $100 more expensive than Forex Tester 2. However, through my link you can save $50 - $100. Ease of use. Forex Tester 3 is very easy to use and intuitive. If you already use MetaTrader 4, this trading simulator will feel very familiar. Support. Support is prompt and friendly. They will help you with anything from questions about the software to coding custom indicators.

Forex Tester 3 is intuitive and easy to use It allows you to quickly and easily backtest a new trading system or technique You can increase and decrease the spread and alter other trading rules to mimic your broker Your performance is automatically tracked, so there's no need for notepads or spreadsheets You can adjust the speed of the market, or simply move one candlestick at a time. What I Don't Like. You have to pay a monthly fee if you want high-quality tick data from the developers (tutorial on how to get free tick data below) Any indicators or EAs that you'd like to add must be coded in C++ or Borland Delphi (which the Forex Tester guys can do for a fee) ? Summary: Forex Tester 3 is a Forex trading simulator that uses historical price data (minute or tick) to help you quickly and easily backtest a new trading system or technique. Use stop losses and take profits, mimic your broker's spread, and alter other rules to mimic your live account as well. You can use Forex Tester 3 to manually backtest or if you're advanced, you can test automatic EAs. Forex Tester 3 automatically tracks your performance, which can be analysed in detail. This software allows you to take hundreds of trades in a matter of hours or minutes (depending on the requirements of the system or technique). Using this trading simulator will not only speed up your backtesting but it can quickly provide you with valuable experience that usually takes years of screen time. Get Forex Tester 3 for $249 through this page only. Save $50 off the regular price!

My Forex Tester 3 Review. I originally bought Forex Tester 2 early in 2015. I found it to be pretty useful for backtesting certain strategies, so I quickly partnered with the folks at Forex Tester to get you guys the lowest price possible on their software. The full price of Forex Tester 3 is $100 more than Forex Tester 2. They made several improvements to the popular trading simulator but are the new features worth the bump in price? In this Forex Tester 3 review, I'm going to try to answer that question. The new version of Forex Tester sports improvements in ease of use and functionality, while refining the functionality that Forex Tester users have come to love. Below are some of the most important features in my opinion, and their advantages over backtesting in MT4. Test Your Strategy on Multiple Time Frames. If you're backtesting in MT4 and you need to switch time frames for any reason, you will lose your place. At the very least you will inadvertently reveal future price action. With the Forex Tester software, you can switch time frames as much as you like. Just like live trading, new price action will not even be available to see until time passes. Since you can pause time or move forward one candlestick at a time, you will not loose your place when switching time frames. This can be very useful if you're testing a trading system that makes use of multiple time frames or you simply want to take a look to see if a particular support level holds up on a higher time frame. You can also use multiple time frames of the same currency pair at once, without losing your place for revealing price history.

This is helpful for testing systems like Top Dog Trading, which utilizes multiple time frames to measure fractal energy. Test Multiple Currency Pairs Together. When backtesting in MT4, you can test multiple currency pairs together. However, you must go to each pair and manually move each pair forward by the same amount of time with the F12 key. ?The Forex Tester Software allows you to test multiple currency pairs together, and when you allow time to move forward or move time forward one candlestick at a time, all of your pairs move forward together. This is a great feature for testing a trading system like Day Trading Forex Live because with that system, for instance, you wouldn't buy the Pound and sell the Euro at the same time. With systems such as this, it's helpful to test correlating pairs together. Automatically Track Your Trading Performance. If you're backtesting in MT4, you will need to manually keep track of your performance by writing down your important numbers on a notepad, in a spreadsheet, or in your trading journal. Forex Tester automatically tracks your performance, like a live or demo account. In Forex Tester 3, your balance, equity, margin, and drawdown can even be displayed as a candlestick chart. To do so, simply go to File > Add Profit Chart. Using a trading journal still offers some advantages, although it's more time consuming. For instance, Forex Tester does not automatically track and display which time frames your strategy performed best on or which strategies in your overall system performed best. What's New in Forex Tester 3? One of the most important improvements that I noticed in my Forex Tester 3 review was some added on-the-chart trading functionality. For instance, you can now drag your stop loss and take profit levels from the chart to adjust them.

However, unlike MT4, you still cannot create your trade levels from the chart. Renko charts were added this time around. Forex Tester 3 now supports lines, bars, candlesticks, range bars, and Renko charts. I don't personally use Renko charts, but I know many of you will be glad to see this addition. Forex tester espanol. What is Simple Forex Tester? Simple Forex Tester is a unique piece of software designed to give you the best possible way to practice your trading in MetaTrader 4 on historical data. By simply installing the software, you “open up” a new and powerful feature on MetaTrader 4, allowing you “rewind” the markets for any currency pair or any timeframe all the way back to 2005 (and before), and practice your trading develop and test your systems. How can I use Simple Forex Tester to improve my trading?

Simple Forex Tester works by giving you the opportunity to “rewind” the Forex markets, replay them tick for tick, and place practice trades for virtually any currency pair. What’s more, it allows all of this to happen directly inside of MetaTrader 4, allowing you to use any of your indicators or templates during the market replay. You’ll be able to practice exactly how you trade normally, and improve your skills many times faster than simply trading a demo account. Practicing your trading is one of the most overlooked (yet most important!) steps in becoming a professional. There is no aspect of trading that couldn’t be made better with practice and optimization. Testing your ideas, practicing “pulling the trigger”, learning to manage emotional trading disasters, test theories, etc…everything is made better as it’s tested further, and more data is collected. The faster we can test our ideas and practice our trading, the quicker we’ll become the trader we’re aiming to be. Most traders open a demo account well before they even consider opening their first live account. Why? Because they need to practice first. But there is a problem…demo accounts are in real time. This means the amount you’re able to work on your trading, test your ideas, etc. is limited to the actual amount of time you can spend behind your computer. But what if we were able to speed this up? Allow you to test your ideas and practice your trading, tick for tick, up to 100x faster than a demo account?

To test in real market conditions on virtually any currency pair back to 2005? And also…be able to use your MetaTrader 4 templates, indicators, and other tools to help you practice? That’s where Simple Forex Tester comes in. Simple Forex Tester allows you to replay real and actual market conditions for virtually every tradeable currency pair, tick for tick inside of MetaTrader 4. You have speed controls that allow you to replay the market at different speeds, so you have full control of how fast the market goes. Every trade made within Simple Forex Tester is cataloged in real time, and every aspect of your trading analytics are presented to you as a report when the testing session is over. It really is a strong way to learn new skills and practice existing ones for traders of ANY level, because you immediately get the power only Simple Forex Tester unlocks – to practice your trading directly inside of MetaTrader 4 100x faster than everybody else. How does it work? MetaTrader 4 has had a feature for quite some time built into it’s platform called Strategy Tester. This feature provides a method of running your automated systems on historical data to determine their past performance (which is absolutely crucial when developing an automated system). The problem with Strategy Tester is that it only allows running tests in history on AUTOMATED systems. What good does that do for the rest of the traders in the world who aren’t programmers, or are manual traders with manual trading systems? No good..

until now. Simple Forex Tester is a genius piece of software that “hooks” into this powerful Strategy Tester feature, and allows you to MANUALLY place trades on historical data. For those traders who like to trade manually, or have a system they want to test, this gives them that ability. Run historical and accurate tick for tick tests on virtually ANY currency pair, time frame, etc. just as if it was live. What is MetaTrader 4? MetaTrader 4 (or MT4) is a completely free Forex trading platform used by virtually every retail currency broker there is. It’s an extremely popular platform, offering trading, charting, custom software creation (indicators, etc.), and automated trading. For in-depth information on MetaTrader 4, you can visit their website here: metatrader4en. Simple Forex Tester runs inside of MetaTrader 4, so this software is required to use it. Not to worry though, the training videos start at the VERY beginning – how to download and install your MetaTrader 4 platform, how to download all of the testing data and set up your platform, and what to do from there. The entire process is quick, and there is never anything additional to buy. What is Strategy Tester? Strategy Tester is a feature inside of MetaTrader 4 designed to give traders the ability to run a simulation to test their automatic systems on historical data, tick for tick. Simple Forex Tester works by “modifying” Strategy Tester to turn it into a manual trading simulation. This opens up Strategy Tester to it’s FULL potential to be way more than just a way to test automated systems. You can replay the market tick for tick at virtually any point in history with a high degree of accuracy, and place manual trades in this simulation just as if you were placing them in the live market. The replays happen within a MetaTrader 4 chart, so all of your indicators and templates can be used, ensuring that your practicing is as close to the real thing as possible. Does the software come with training? The programmer of the software has personally created a full step by step video collection, walking through every step you’ll need to take in order to begin testing. Even if you don’t have MetaTrader 4 installed (or don’t know what that is), that’s OK. From the very beginning, you’ll be guided through the process of creating what is basically the ultimate Forex testing platform, and how to use it to improve your trading skills quickly.

What about Refunds? Yes. If you are dissatisfied with the product for any reason, you can request a refund for up to 60 days past the purchase price. Once a refund has been processed, you will no longer be able to use the software (the license will be disabled). Yes. You will have a contact method for our customer support line in your members area – this will allow you to submit any questions, comments, etc. to us directly, and we will have an answer to you quickly. Support for Simple Forex Tester will always be free, as long as you are an owner. Is the installation and setup difficult? Not at all. We’ve designed a set up application that makes installing Simple Forex Tester to your MetaTrader 4 platforms an absolute breeze. There’s nothing to copy, no folders to remember or find. Simply run the installer, which will search your computer for MetaTrader 4 installations, and will give you a list to check which ones to install Simple Forex Tester to. The installer makes it very easy, but if you have any problems at all, our support team will be there to help you get up and running as fast as possible. How many MetaTrader 4 platforms can I install and use the software on? You can install Simple Forex Tester on as many MetaTrader 4 installations as you wish on up to 3 computers. Does Simple Forex Tester place trades for me? No, Simple Forex Tester does not place trades for you. It utilizes Strategy Tester inside of MetaTrader 4 to allow you to practice your manual trading (and manual systems) on historical data. Is there anything else to buy? Absolutely not. You will be ready to download and set up your platform immediately. Both the platform, and highly accurate historical data are free, and give you virtually limitless testing power across virtually all tradable currency pairs.

Even if you’ve never heard of MetaTrader 4 before, you will be up and running quickly with no additional money necessary. Download Our Free App. Trial Our Premium Membership. U. S. Government Required Disclaimer - Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. The purchase, sale or advice regarding a currency can only be performed by a licensed BrokerDealer; Neither us, nor our affiliates or associates involved in the production and maintenance of this service or this site, is a registered BrokerDealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All purchasers of services or products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. You must clearly understand this: Information contained here and in the signal service is not an invitation to trade any specific investments.

Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional who will verify what is suitable for your particular needs and circumstances. Failure to seek detailed professional, personally tailored advice prior to acting could lead you to acting contrary to your own best interests and could lead to losses of capital. *CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. IN ADDITION, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT OF ANY OF THE CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT.

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