Selecting a proper time frame might be difficult for a trader, especially a novice one. Since you purchase Forex Tester, you do not need to put on trust someone else’s assumptions – test your system on all time frames possible (including the custom time frames like M3, H2, H8 and alike) and make your choice of which time frame to choose basing your conclusion on testing results. To save your time even more, feel free to test the strategy on many time frames at the time. At the end of the testing, just pick that time frame that gave you the maximum profit.

Now imagine how much time and efforts it will save to you. It usually takes years to become a profitable trader. You can spend 3 years * 365 days * 1 hour a day = 1,095 hours to succeed on Forex using a demo account or 7 (to work for software) + 200 (to find out the strategy that performs great) = 207 hours if you use our program.

Certainly, these calculations are too approximate; however, they give a clear vision of how Forex Tester will save your time and money. Add to your time spending all that money that you will lose on a real account while learning – those hundreds or even thousands of dollars cannot be compared to $149.00 that you need to spend just once in your life.

In the new version of Forex Tester, we have added a historical news service for those traders who use fundamental analysis as an additional source of information for their predictions in order to bring the test results as close as possible to reality.

At the bottom of the graph you can find news presented in the form of flags of the countries to which they belong. The economic calendar is presented in the form of an additional tab.

This course was created to help all those wishing to understand Forex market basics right in the Forex Tester software through a non-boring interaction format.

Comparing the expected returns with the amount of risk, the tool helps you to understand whether a trade is worth to be open.

Manage multiple orders in 1 click in a separate trading panel. You can predefine settings for each position as well.

Find the best trading strategy using the AI-based tool. The automatic test makes you free from sitting in front of the monitor.

We have created such a product as Easy Forex Builder so every trader, regardless of the level of programming skills, can create advisors for testing or trading.

Now you do not need to be a programmer to create an advisor! Seriously, now you can create Expert Advisors by dragging and dropping with the help of Easy Forex Builder.

Probably every trader knows the “Two Percent Rule” with its variations - one of the golden rules of money management - according to which you should not risk more than two percent of your account.

Thanks to this function, you can not bother with calculations: now you have two options - specify the value of the lot manually or use the risk management function. In the second case, Forex Tester 5 will calculate the value of the lot for you.

No one should be limited by most common currencies only. There are a lot of traders who want to trade majors and 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.

Forex Tester’s paid services allow you to get all of 860 symbols (instead of 18 symbols of the Basic (Forexite free data) subscription type).Why to go for less when you can get more with some decent payment? Trade gold, Dow Jones Industrial Index and Russian Ruble; make use of silver, IBM stocks, Honk Kong dollar and S&P 500.

Solution: Every dollar you spend on your education will be multiplied afterwards. Never refuse to invest into your knowledge and skills!

Analogy. In an exponential moving average, the latest price has twice-bigger impact compared to the previous ones. The same principle can be applied to the data: test your strategy on many years of historical rates and consider caring more about the results of the last year.

If you put to use small stop loss and take profit values, if you open dozens of trades every single day, then the 5-digit data is an obligatory element of your backtesting.

Example: imagine that you are using a short-term strategy or a scalping strategy. You use 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 20-30 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 as on a real market.

Example: imagine that you are using a short-term strategy or a scalping strategy. You use 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 20-30 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 as on a real market.

Solution: purchase the high-qualitative historical financial data and get used to the real conditions from the start.

Solution: purchase the high-qualitative historical financial data and get used to the real conditions from the start.