Review of Forex Tester – professional forex training software, simulator and backtester
Product Name: Forex Tester – professional forex training software, simulator and backtester
Description of Forex Tester – professional forex training software, simulator and backtester:
Statistics reveal true performance: You can take notes on every trade (keep a trade journal) and export your trade log for analysis in Excel or other programs. Don`t rely on estimations or even wishful thinking any longer!
Amateurs have to rely on assumptions and believe what others tell them. Professionals 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 it out quickly with Forex Tester (contrary to testing in a demo account). Now you can improve it or invest your time to develop another strategy. Likewise, if you have a great strategy, you want to trade this 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 with no sweat).
In backtesting a trading strategy, optimizing its parameters can be what takes it from OK to great. Forex Tester makes this process more easy than ever. Knowing which parameters make your strategy work will not only make the strategy better but very often this generates ideas for new strategies.
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. Even adjusting strategy parameters on-the-fly without stopping the simulation is possible! You can test more than one EA at a time while watching 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 first developed Forex Tester to develop our own trading.
Forex Tester is all about maximizing your profits (by choosing and optimizing your strategies) and saving you time. One of many details The project is one more feature that will boost your efficiency is the way Forex Tester uses project files: You can save the current session, load another one and then continue the first session later.
You can also save color schemes, graphical instruments and indicators and then load them on the next chart. This is especially useful if you test your strategy on multiple currencies and multiple time frames.
14 years of recorded price movement of the Forex currency market for
Forex Tester will most likely improve your net result much more than what it costs. That`s why buying Forex Tester with our additional money-back-guarantee is a no-brainer.
If you are serious about trading currencies, Forex Tester will quickly become an integral part of your evolution as a trader like 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 the changing market. Its accuracy and flexibility is unrivaled.
Try the demo and see for yourself!
It`s often said that 95% of Forex traders lose all their money in the first year.
What makes a trader successful then? In interviews, the best traders in history unanimously
emphasize the importance of backtesting.
Backtesting means to use historical data of a capital market (a recording of price movement) to find out 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 months of recorded market days within 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 plus variations. Automatic Backtesting is a matter of minutes (or seconds). Forex Tester does both.
Method. The abundance of trading strategies on the Internet create a false belief that you have everything you need. But if you at least try the appropriate Forex trading simulator you will immediately discover that it is a huge lie. Vast majority of these so-called profitable strategies with which bloggers and pseudo-traders feed you up can give you few profitable trades but eventually they will create a significant drawdown in your deposit. The number one rule in Forex trading training is this: “Never put on trust somebody’s words”. You risk with your 3 the most powerful assets: time, money and self-esteem. If you prefer not to backtest the strategies that you have found on doubtful resources, one day you will lose all of the money you have saved for trading. Without a Forex backtesting software you will spend hundreds or even thousands of hours on Forex learning not achieving any positive result. Moreover, without Forex training software you will end up frustrated and depressed. What normal person wants to spend time, money, efforts and mental power on this ungrateful task? There are just 2 possibilities that are open for you now: either select the path of failure or to buy probably the best trading simulator and at least not to lose anything. No one can guarantee that with our trading simulator you will learn how to trade. It all depends on your deliberate work, dedication and ability to analyze your learning methods and trading actions. It depends on your capability to make the right decisions and to stick to them.
Money management. There are a lot of smart and disciplined traders who still cannot succeed on the Forex market. The reason is that they lack one more incredibly valuable pillar in their trading: they completely misunderstand the importance of the money management. Currency trading requires from a trader to have tough rules on how much he (she) can afford to lose on a single trade, how many trades he (she) can lose a month. If you neglect these fixed rules or not to pay enough attention to them you will never be able to bring your trading to a professional level. One can make amazing trading decisions, to be fully in charge of his (her) emotions and win most of the trades. But all this success can be dismissed with a single trade that was opened if the trader did not stick to the money management principles. Backtesting is the activity that allows growing this personal trait up. Forex training is impossible without Forex software and 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 the mistakes. The true Forex learning includes the opportunity to correct the mistakes. Most of the traders do not understand that it is practically impossible to learn Forex using demo and live accounts. Demo accounts give you a chance to learn Forex trading in case if you have tens of years ahead of you. Live accounts do not provide you with such a chance: if you have made the mistake, there is no way you can fix it. You have already lost the trade (or a range of trades) and the Forex analysis will help you to quit doing the same mistake in future, but not to change the past. Forex simulator, in its turn, can return you back in time and correct the mistake immediately – you can backtest your strategy and go back as much as you need. This amazing Forex training software will forgive you any mistake without back firing to your real money.
Detailed Statistics. Not only you can get rid of any mistake as if it has never occurred, you can also bring you Forex trading training to a higher level using detailed statistics. Our trade simulator has plenty of built-in parameters for evaluating of your trading performance. With Forex Tester backtesting software, you do not have to simulate the market in the dark. Since now, all the necessary things are included. “Net and gross profit”, “maximum profit and loss trade”, “maximum drawdown” and tens of other values will improve your Forex currency trading as soon as possible.
You can read detailed instructions on how to install Forex Tester here.
In case if you are not satisfied with Forex Tester software (which is almost impossible) it is
easy to uninstall it in “Start menu → All programs → Forex Tester → Uninstall Forex Tester”.
Download now and see for yourself what Forex Tester can contribute to your success in this exciting
business! The limitations of the demo are modest so you can use Forex Tester for learning/testing
even in a demo mode.
Forex Tester works on any Windows version which is newer than Windows 98/Me. So you can use Forex Tester on Windows XP / Vista / Windows 7 / Windows Server 2003 / Windows Server 2008 / Windows 10. Also it is possible to use the program on Mac computers with the help of VMware, Parallels or CrossOver.
After downloading you can use demo version of our program for free. This demo version is not limited in time. It is only limited in functionality:
So you can use the demo version as long as you want.
Also you can buy the registration key and test the full version for 60 days. If you do not like it then we’ll return your money back.
The product that we sell is a license that is delivered via email and should be activated using Forex Tester. Forex Tester 3 requires onetime payment. You will not be charged in future unless you decide to upgrade for the next major version (Forex Tester 3).
The instruction about how to use your license and register the program will be sent instantly after the purchase.
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Forex Tester – professional forex training software, simulator and backtester