Topic: Special backtesting software: Forex Tester 3
Dear forum community,
We are happy to offer you the newest achievement in the sphere of special tools that make the trader`s life better: Forex Tester 3.
As usual, to check new ideas traders need either to look through a lot of charts, or to just start trading on demo account. Both these two approaches a very time-consuming. Main feature of FT3 is the possibility to test strategies using historical data. You can change testing speed or move candle by candle during the testing process. As the result, you would obtain detailed information concerning the effectiveness of the system, that gives possibility to adjust it.
The FT proved it`s necessity, saving a lot of money for the traders. It is designed for you to learn how to trade profitably, and to create, test and refine your strategy for manual and automatic trading. Amateurs have to rely on assumptions and believe what others tell them. Professionals, however, make their decisions based on facts. Forex Tester will deliver the hard facts about your strategies. If a strategy is not profitable, you will find that out quickly with Forex Tester (contrary to testing in a demo account). Now you can improve it or invest time in developing another strategy. Spreads and swaps can be defined for each currency pair, making the simulation and earning results even more realistic because you can simulate the broker of your choice. The advanced data feed includes historical data from various brokers.
In manual backtesting, trading many months’ worth of recorded market days in the simulation takes just a few hours of your time because you control the speed of the simulated market. This enables you to test not one, but many strategies (in addition to variations). Automatic backtesting occurs in just a matter of minutes, or even seconds. Forex Tester does both.
Our software is created by traders for traders, so feel free to ask any questions arising. We also would be happy to hear any feedback, as it would help us to make the FT more efficient and useful.