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ForexTester for Binary Options

Posted: Sat Feb 23, 2013 4:33 pm
by scarecrow
I'm brand new to FOREX... I've just downloaded and installed forex tester. Is it a valuable tool to discover "channels" in trading. I'm working on a basic support resistance strategy. Also where is the best place to get the latest support/Resistance/Pivot Points?

thanks for your time...

Posted: Mon Feb 25, 2013 9:02 am
by FT Support
With Forex Tester you can test almost any strategies, "channel" strategies should work fine as well.

Sorry, did not understand your second question "where is the best place to get the latest support/Resistance/Pivot Points?"
please add more details.

Posted: Mon Feb 25, 2013 8:15 pm
by scarecrow
Thanks for the reply.... I'm getting more familiar with the software now. I think it will work great.
The second part of my question, I was looking for recommendations on where to get the actual Support/Resistance/Pivot Point Numbers.

I'm also checking out your other products. Thanks for the links....

Posted: Thu Feb 28, 2013 11:43 am
by FT Support
you can try built-in Pivot Points indicator.
Support and Resistance lines can be drawn by many different rules so you just need to find a rule which you like and draw lines on a chart.