In this section of our website you can find brief instructions on how to use some of ForexTester's functions. For more detailed description please refer to the help file of the progam.
If you have any questions or commentaries, ask them on our forum or email to support@forextester.com
There are 2 modes in the software:
- Edit Mode;
- Testing Mode.
Really the "Edit Mode" should be named "History Mode".
Edit Mode allows to do 3 different things:
1) Edit Currency List (you can add new currency pairs or edit the
existing ones; when you start the program at first there are only 4
currency pairs);
2) Import historical quotes into the program (you can import
additional historical quotes of currencies into the software; when you
first start the program there are only 1-month history for May 2006
for four currency pairs - this is for demonstrational purposes. So,
you should IMPORT ADDITIONAL HISTORICAL QUOTES INTO THE PROGRAM.
3) Generate ticks for testing in the Testing Mode (you can choose the
currency names to generate ticks and the period for which you would
like to generate ticks for testing. But you should bare in mind that
TICKS CAN BE GENERATED ONLY FOR IMPORTED HISTORY. So, if you imported
historical quotes for USDJPY for 2005 year, you can generate ticks
only for USDJPY for the whole 2005 or just several months from 2005).
You can download historical quotes from this page Data Sources download the desired files, for example GBPUSD, EURUSD, USDJPY,
USDCHF. Unzip them from the archives and import quotes into the
program. How to import is shown on this page Data Import.
After you have imported the quotes you would be able to see them on
the charts in the Edit Mode. For example, if you imported the file
EURUSD.txt you would see the EURUSD history starting from January 2001
on the EURUSD chart in the Edit Mode.
Then you would be able to generate ticks for EURUSD for any period
from January 2001 till September 2006.
How to generate ticks is shown on this page Ticks Generation.
Then you can switch to the Testing Mode for testing.
Testing Mode allows to:
1) emulate historical quotes updating as in "real-time";
2) make trades on history;
3) monitor results on Equity graph and Statistics.
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