You can freely download 20 years of historic data for 18 symbols directly from our server. This data is pretty enough for most traders to see if a strategy is profitable or not. Super Data Subscription The best choice for traders who consider even the tiniest price fluctuations. This data is the most precise, with daily updates and 5-digits data. No one should be limited only to the most common currencies. There are many traders who want to trade majors and the 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. Why go for less when you can get more with some decent payment? Solution: Every dollar you spend on your education will be multiplied afterward. Never refuse to invest in your knowledge and skills!
Tick data Forex tick data shows the real non-simplified market conditions. If the price changed 45 times during the current candlestick then you need to see all those changes. Example: imagine that you are using a short-term strategy or a scalping strategy. You use a 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 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 like on a real market. Floating spread Not only do the price and volumes change on the Forex market, but the spread tends to be different depending on the varying circumstances on the market.
Before and especially during big news the 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. Check how Forex Tester simulator helps our users to trade smarter premnath divakaran Customer I have been on the trading since 10 years and i find that i learn everyday with the forex tester.
We have to change the mind and train the mind to predict what we see and what is the actual live movement. I am glad i use it to learn new pairs that i want to venture in. Only when i am confortable of what i can understand the pair from the forex tester results do i venture in live trade. I think it's an absolute gamechanger.
I understand people use it to backtest strategies to gauge how profitable they are, and while that's a great use for it, I think people are overlooking its true value. If you are new to trading you are more than likely learning from a mentor a strategy that has already been battle-tested and proven. So there is no need for backtesting.
You can load up any trading day from the past 20 years and trade it like it's live using whatever strategy you are trying to master. And you can trade multiple sessions a day; you can trade ALL day if you like.
FT 4 can cut the average learning curve in 4ths, making it possible for relatively new traders to become unconsciously competent at the SKILL of trading in record time. Absolute gamechanger of a software. Bravo to the creators. I think it's a must-have for any new FX trader. Charles Customer When gathering to test your strategies no other back testing better than FT4.
The historical data gives you enough data to test the market. There support are very helpful when you encounter problem navigating the software. I recommend this to anyone who wants to have an edge in Forex market and accelerate their learning fast. Virgil Customer The technical support engineer was very knowledgeable about Forex Tester and answered my question in a friendly but professional and clear manner.
Kurt Customer "Forex Tester 4 is an improvement over the previous version as it now allows your own personal EA to be converted in an easy manner to be used by FT4 for testing. Many personal favorite can now be converted and this allows to test a strategy before going with the live account and risking hard earned money. Very great tool for learning to trade prior to trading real money.
Helps gaining confidence in the strategy and the money management. Anonymous Customer "Forex Tester 4 is very good; it has a lot of good features. The software is very customizable and includes features like Hotkeys for almost any action and quick buy or sell orders all of which allow for quick action for fast testing.
The ability to use fixed fractional position sizing is the most exciting feature. This allows users to take realistic trades and see their account growth in real time. Previously I was using spreadsheets to determine overall performance. I think the ability to leave notes on the chart is another great feature especially for developing traders.
It may take a little time for best practices to be established on how to use them most effectively but I think once that happens it will make Forex Tester 4 a staple in trading education. Sebastian Customer ForexTester team did again a very good job with the last and improved version of ForexTester4. I noticed the attention to details and the high variety of new features added, there is no doubt now that a trader can grow to becoming a professional trader without FT4 in their arsenal.
All new features are very useful, one more than another, even starting from the new Icon of the software which I find it very thoughtful from FT team because it creates no confusion among users having multiple versions of FT installed. Dean Customer My overall impression is that it is a great improvement for manual traders due to the inclusion of the news feature.
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