Forex Tester 3 Review and How to Get Free Tick Data

Review of: Forex Tester 3 Use: Forex trading simulator Features Forex Tester 3 has many features that will help you backtest a new trading system quickly or just practice Forex trading. Price Forex Tester 3 is $ more expensive than Forex Tester 2. However, through my link you can save $50 - $ Ease of use Forex Tester 3 is very easy to use and intuitive.

The Remote version includes: Please remember these are volatile instruments and there is a high risk of losing your initial investment on each individual transaction. With Forex Tester, you can analyze charts and look try out techniques without the risk of losing cash. I would like to be able to add some of my own indicators without having to be a programming genius.

Publisher's Description

Forex Tester 2 full version lets you analyze the signal on multiple currency pair charts for this simple reason. The best part is, all the testing can happen simultaneously to check .

Software that opens trades in a fraction of a second with a built-in risk management calculator. Compatible with Forex Tester and MT4. Backtesting solution 1 on Forex. I agree to receive useful information about the software.

Your information will not be shared. Forex Tester Software is the software that simulates trading currencies in the Forex market and provides all the necessary tools for the complete market patterns and rules analysis. Download My Free Trial. No Credit Card Required. Do you need Forex Tester 2? What do our customers say?

Yes, really Forex Tester helps, saves time and gives you an opportunity to learn quickly and check out the techniques and theories that exist on the Internet. You can work them out in certain circumstances, and when it seems to you that you have found somebody's holy grail and being on a high emotional level you check it all very QUICKLY on Tester not waiting for months to lose your deposit but to find out about the strategy in an hour or two and understand who was right.

And the program proves that it is possible to earn money on Forex. Thank you very much for your program, I am glad that I have purchased it! As a price-reading enthusiast, Forex Tester has immensely help cut down on my learning curve.

I have found no other program that can actually do what this one does - and believe me, I have looked. Easy to install and use. Plus, their customer support is the best!

Any plans for building one that allows for Eminis and Futures contracts? I will be first in line to buy one! Forex Tester allowed me to advance in my trading and gave me the opportunity to understand several global principles of price action; this program is for those who have uniquely decided to figure out what trading really is; I will be looking forward to using it as a tester for a robot, but even those things I've understood with the help of this program can hardly be overestimated.

Thank you for the Forex Tester program. I haven't regretted purchasing it even for a moment. It helps me in developing trading strategies. With Forex Tester it is much faster to learn trading. Backtesting implies using data about movement of price that have been recorded over the years about the capital market to check the effectiveness of a trading technique. Even though you can never be percent sure, a technique that has been generating positive results will continue to do so.

Backtesting manually involves taking some hours to simulate data for market that were recorded. With this you will be able to check many techniques including differences. Within some minutes, backtesting automatically can be completed. This application has the ability to do manual and automatic backtesting.

With Forex Tester, you can analyze charts and look try out techniques without the risk of losing cash. This is very vital. If you start trading with cash, you would be stressed. Making fast choices requires adequate knowledge which can only be gotten from experience. The brain however, does not have the ability to capture information instantly without losing some along the way. Your brain can dispose of some knowledge you are not applying constantly. Forex Tester will aid your choices better than any other tool as it is reputed to be one of the applications that can aid an individual in learning trading the most.

Simply, applications for real time trading were not optimized for backtesting. It is thus not as effective. MT4 is a very common and efficient application for demo and live trading. A feature for backtesting was included when people asked for it. The feature however has errors that could mislead backtesters. This is why Forex Tester was created as a better option. Trading currency is among the most difficult means of earning. You thus need to develop money management techniques, procedure and psychology.

If you are not properly trained in these areas before delving into forex, you would ultimately record a lot of losses. Forex Traders have the ability to enhance your skills and knowledge in these areas.

There exist several disciplined and smart traders that still lose while trading. As a trader, you must know how much you are willing to lose on a trade and the maximum of trades you can risk in a month. You can make wonderful choices while trading, so that you are in control of your emotions and most of your trades get successful. Backtesting allows you to improve this on this area. You need trade simulator and forex application to be trained in Forex.

B egin to practice management of money immediately by using Forex Tester 2 as you would never get a better backtester. There are several techniques for trading online that gives fake hope. If you test the technique with the aid of a backtester, you would immediately get to know how fake it is. Several techniques that are sold as possible could help you with a few trades that are successfully, most of them would however be fake, leading to loss in the long run.

The first principle of trading forex is that you should never believe someone. Your 3 best assets are at risk: If you do not want to backtest techniques you got from unreliable sources, you will end up losing your whole forex capital.

You would also not be able to get any accomplishment even when you spend s of hours trading. So why would you want to waste your mental power, efforts, money and time on an unprofitable gesture?

You can thus either delve in head first, without any knowledge or experience, relying on blind fate and people and end up losing everything, or purchase Forex Tester and use it to learn before you start trading. The choice is yours. Trading is one of the aspects human beings have not evolved in over time. This means that we have to learn trading, it is not an inbuilt instinct.

Furthermore, theories would not make you a good trader. You need to be able to be in charge of your emotions and mind. Forex simulator is only means of this training. Trade simulators are however better than real and demo accounts.

Demo account does limits the amount you can use to trade forex while using a live account will result in you losing your capital. Forex Tester allows an individual to test his skills on trading without limits and without risks of losing money.

You get to know exactly how to trade and exactly what you are getting yourself into. I've been trading Forex for over four years!!! It's been the best money I've ever spent on software for forex trading! I love the order placement with its ease of use I was a bit scared of trying it but if I can figure it out, anyone can!

So, in closing - thanks for a great product! This is the closest thing to real life that there is. You need to use this tester before you test with real money. I would like to be able to add some of my own indicators without having to be a programming genius. I have MT4, which this is very similar to, so I would like to add Mt4 indicators. You have to have this program to TEST your trading.

Demo accounts take to long to trade with. This is an invaluable tool for forex traders. Login or create an account to post a review. The posting of advertisements, profanity, or personal attacks is prohibited. Click here to review our site terms of use.

If you believe this comment is offensive or violates the CNET's Site Terms of Use , you can report it below this will not automatically remove the comment. Once reported, our staff will be notified and the comment will be reviewed. Overview User Reviews Specs. From Forex Tester Software: Forex Tester 3 is a software that simulates trading in the forex market. Test and improve your trading strategy for consistent and growing profits.

Grow confident in your strategy so you can keep a clear head, act immediately on trading opportunities and avoid mistakes when you trade live later on. Become an experienced and successful trader in less time. Reviews Current version All versions. Sort Date Most helpful Positive rating Negative rating.

Results 1—5 of 5 1. Pros Saves time, money and efforts immensely Cons It is a bit expensive but I heard that they launch promotions from time to time Summary I live in India and for me bucks is a huge amount of money.

Reply to this review Was this review helpful?