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Products This page will be featuring products that are applicable to Forex traders and can contribute to more successful trading. We will add and change the items on this page as we research the market and find solutions that may interest Forex traders and have potential to improve their success in trading. Forex Tester is a computer simulator of the FOREX market. It allows the user to practice trading and test out different trading strategies against the historical market data, rather than risk real money.
The simulator gives total control over the testing process. The user can select the testing speed, make a pause, track history forward by bars, or roll it back if the activities result into a loss, enter new parameters and retest the strategy. The FOREX simulator has a built-in library of indicators and oscillators that will help the trader to decide when to enter or exit a trade. For example, there are indicators, such as Ishimoku, Relative Strength Index, MACD, Stochastic, and Bollinger Bands. The library is regularly updated with new indicators, plus users can create their own custom indicators using Forex Tester API and samples of how to create custom indicators in the help system. Developing a trading strategy that brings profit is one of the most difficult things to do. While a live FOREX demo account can help in this process, practicing in real time is too long and complex.
For example, if the trading system allows trading every day only at 9 AM, the user will have to sit at the computer every day at 9 o’clock during a month or even more. We strongly recommend investing into this product and thoroughly test your strategies and systems before you go live. It can automatically send and execute trading orders based on a predefined strategy. The visual interface allows users to create their own strategies in a few clicks without worrying about programming and coding the logic. Forex Strategy Trader is a free auto-trading platform working via Meta Trader system. It automatically sends and executes trading orders based on a predefined strategy. The visual interface allows users to create their own strategies in a few clicks and run them right away.
All the components of a strategy are easily selected from the user-friendly menus and can save hours for anyone who has previously tried algorithm trading and found it overwhelmingly difficult. The usual strategy consists of technical indicators and the rules for their interpretation by the program. As long as you are online the software will follow the logic and trade automatically. Forex Strategy Builder, and even download other users’ strategies from the forum or our internet site. The software also includes a lot of demo strategies with thorough explanation aimed to provide basic knowledge and example for users before they start playing around with the indicators and start building their own systems. The program is totally free to use so have fun with it and make your trading more profitable!