realistic because you can simulate the broker of your choice. Then hit the right arrow on your keyboard to advance the chart candle-by-candle. Easy to install and use. You can work them out in certain circumstances, and when it seems to you that you have found somebody's holy grail and being on a high emotional level you check it all very quickly on Tester (not waiting for months to lose your deposit but. I even use it to relax sometimes. This will allow to test quickly and see your results, without a lot of manual calculations. I consider this program as one of the most beneficial investments into my education.read more. Exit orders can be connected by a visible line to all related entry ordersthe line will be green if the trade was profitable, red if not. The written instructions are provided below the video. This is probably the most important result of backtesting.
With Forex Tester, you can achieve this in less time than ever before. Unlimited simulation control settings. Forex Tester will deliver the hard facts about your strategies.
It took some time getting the charts set up with the templates, especially for my strategy, but its well worth the effort. 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. You can then scrutinize your trades and find any common elements that can make you more profitable. There are also other paid backtesting platforms out there that can make your job much easier. However, if you are a programmer or engineering type to begin with, then you may be better suited to automated trading. Computers that used take up whole rooms.