This manual introduces you to the main and most important elements of the Forex
Tester 5. Once you have mastered them, you will be able to move onto learning more in-depth lessons to understand the program elaborately.
The Demo version contains 1 month of historical data for 18 symbols (16 currency pairs, gold, and silver), as well as 1 month of historical news for USD. You can additionally download 1 month of data for any symbol in the Data Center.
We also provide FREE historical data for 18 symbols starting from 01/01/2001 until the last day of the previous month with the Basic subscription.
To get even more features, such as 860 symbols, much better data quality, historical news for 9 main currencies, tick data, and floating spreads, choose either Standard or Super subscription.
After download, install the software and crack on with testing strategies using our Quick Start guide!
If your current timeframe is equal to the value of 1 hour, and the tick package size is equal to 5 min, then the program will have to change the price 12 times before moving to the new bar (60 minutes / 5 minutes = 12).
In Forex Tester 5, you can enjoy the variety of symbols added. Choose between 850+ trading instruments, including stocks, indexes, cryptocurrencies, and futures.
Please note that Limit orders should be used when you expect the price to reach some level and then bounce from it, whereas Stop orders are made for breakthrough strategies.
In Forex Tester 5, we have the historical news service as one of the major fundamental trading instruments.
All the necessary information regarding each candlestick is reflected in the Data window panel. It is located to the chart’s left. You can see the bar’s date, time, open, close, high and low prices, simply pointing with the mouse on it. In addition, you can see values of volume, indicators, and the index of the bar.
The Expert Advisor will automatically open and close the trades using the rules of strategy.