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"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."
"Forex Tester 4 is very good; it has a lot of good features. The feature I like the most is the risk % on the execution of orders Congratulations on the great program."
Forex Tester 4 has a lot of the look and feel of Forex Tester (which is good). 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.
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. However, my top 3 favorites are getting the News on chart while back-testing, the Metatrader4 to ForexTester4 converter, and the increased number of symbols (800+, wow!) - you can even back-test and improve your strategies on Cryptocurrencies, how cool is that?
My overall impression is that it is a great improvement for manual traders due to the inclusion of the news feature. It is certainly improving my results when backtesting my shorter term systems as it allows insights for entries and exits that no other backtesting software provides.
The features I liked the most were the news, as well as the “% risk to use” calculation when placing limit orders. The % risk one is actually a HUGE timesaver for me from having to do manual calculation or just using a fixed lot size which produces inaccurate backtest results.
Thank you for the opportunity to join the beta-testing team. I am a Forex Tester user since the Forex Tester 2. The new version is very powerful! Excellent job on risk management feature, it really helps a lot! Thank you guys, you are the best!
It was great to test the new version of Forex Tester before it was released. Thank you, Forex Tester team.
I love the ability to switch to NY Close time zone without any calculations. That is really helpful. Besides since the Forex Tester I’ve asked for the risk calculation tool and that was cool to find it in Forex Tester 4.
I appreciate how many changes you’ve done in the new version. Really.
IFinally, we have the opportunity to use the MT4 files in Forex Tester! I think this feature alone makes me want to upgrade to Forex Tester 4.
You Forex Tester was helpful; I’ve spent so much time while backtesting, but now as I can see how much was done in Forex Tester 4 – it is impressive! Testing right now your new Visual Strategy Builder – it looks like a great deal of work, well done. I suggest every trader give it a try.
Another praise is for the Converter from MT4, a couple of my indicators were converted correctly. I think this is a feature that many users have been waiting for.
My congratulations with the new version! I was all fine with the Forex Tester 2, but after all features announcement, I definitely need an upgrade to Forex Tester 4! Good job!
I am a Forex Tester user since 2016 and I must say the new Forex Tester 4 is amazing. The Converter tool is my personal top. News at charts are very helpful too, try to use them, guys! I deeply appreciate the risks calculation feature built-in to the orders. Thanks again!
Wow! So many new features inside the Forex Tester 4! The risk % features are exactly what I need l! Thank you, this will ease the way I backtest.