Today I will share with you an extremely great Backtest tool for anyone who uses the Price Action method. You can test your trading strategy against historical data and observe the direction of the market extremely well. From there make a decision to enter, exit, as well as test your method is correct
➤ Download Forex Backtest Free: https://bit.ly/3DwTyY8
Key to Success in Forex
- Trading Forex requires practice, but it takes a lot of time.
- Our Forex trading simulator lets you train much faster, without taking any risk.
- No more waiting for certain market conditions or price movements.
- No more having to watch the charts all day long.
- With our simulation software you can control the time and focus on most important moments.
Trade historical data and save your time
Forex Simulator lets you move back in time and replay the market starting from any selected day. It shows you charts, indicators and economic news as if it was happening live. You are able to place your orders, modify them or close them, just like you were trading live.
Trading historical data saves a lot of time compared to demo trading and other forms of paper trading. It also allows to adjust the speed of simulation, so you can skip less important periods of time and focus on the most important ones.
How it works
Forex Simulator works as Expert Advisor for Metatrader 4. It combines great charting capabilities of MT4 with quality tick-by-tick data and economic calendar to create a powerful trading simulator. It uses offline charts, which let you use indicators, templates and drawing tools available in Metatrader.
However, it is not limited to using historical data offered by Metatrader, which is usually low-quality data. It also lets you download and use high-quality tick data from Dukascopy and TrueFX.
Not an EA tester
Our simulator is not an EA backtester. It is not possible to test any trading robots or scripts. The software was not designed for that.
Choose your major pairs and trade it
60 Forex pairs, gold, silver, oil, bitcoin, etherum and 12 stock indexes
The software gives you access to all Forex major pairs plus XAUUSD and XAGUSD. You can also run simulations on oil and main stock indexes. Choose your favourite instrument and trade it.
Currency pairs – Dukascopy
EURUSD AUDNZD AUDUSD AUDJPY EURCHF EURGBP EURJPY GBPCHF GBPJPY
GBPUSD NZDUSD USDCAD USDCHF USDJPY CADJPY EURAUD CHFJPY EURCAD
EURNOK EURSEK USDNOK USDSEK USDSGD AUDCAD AUDCHF CADCHF EURNZD
GBPAUD GBPCAD GBPNZD NZDCAD NZDCHF NZDJPY XAGUSD XAUUSD AUDSGD
CHFSGD EURCZK EURDKK EURHKD EURHUF EURPLN EURRUB EURSGD EURTRY
HKDJPY SGDJPY TRYJPY USDCNH USDCZK USDDKK USDHKD USDHUF USDILS
USDMXN USDPLN USDRON USDRUB USDTHB USDTRY USDZAR ZARJPY
Commodities – Dukascopy
Brent crude oil WTI light crude oil
Indexes – Dukascopy
ASX 200 SMI 20 DAX 30 IBEX 35 STOXX 50 CAC 40 FTSE 100 HSI
Dow Jones 30 S&P 500 NASDAQ 100 Nikkei 225
Cryptocurrencies – Dukascopy
Currency pairs – TrueFX
EURUSD AUDNZD AUDUSD AUDJPY EURCHF EURGBP EURJPY GBPJPY
GBPUSD NZDUSD USDCAD USDCHF USDJPY CADJPY CHFJPY
Real tick-by-tick data
Unlike other trade simulators, our software lets you use as much as 10 years of real tick data with real variable spread. The simulator can download historical data from Dukascopy*, which is considered one of the best free data sources, and from TrueFX*.
Backtest Forex in Multiple timeframes
All types of charts you ever needed in one place:
Standard Metatrader charts: M1, M5, M15, M30, H1, H4, Daily, Weekly and Monthly
Custom timeframes: M2, M10, H2, H3, 2 days, …
Second charts: 30 sec, 45 sec, …
As you can see, our simulator offers you many more timeframes and types of charts than MT4.
Basic operations can be done very quickly using hotkeys:
Ctrl + Space – Pause/Play
Ctrl + Up Arrow – Increase speed
Ctrl + Down Arrow – Decrease speed
Ctrl + Right Arrow – Next bar
Ctrl + Left Arrow – Previous bar
Ctrl + B – Buy
Ctrl + S – Sell
Ctrl + C – Close last trade
Ctrl + A – Close all trades
Windows 7 / 8 / 10 (will not work on Mac)
Installed Metatrader 4 (not Metatrader 5)
4 GB of RAM
Internet connection (the faster the better – downloading tick data may be time-consuming)
Microsoft .NET Framework 4.5 (Check and install)
Recommended: a few GB of free hard disk space for storing downloaded tick data
Recommended: Full HD screen
Download Forex Simulator
The simulator is not a standalone application. It is an add-on for Metatrader 4, so you need to have Metatrader 4 platform installed in your system. Metatrader 5 is not supported yet.
There is no limit for the number of computers in use. What limits the use of software is the number of Metatrader accounts.
More information about payments and the license can be found in License, payments and refunds section.
We strongly suggest to test the demo version of the simulator with your favourite indicators before buying it. All standard MT4 indicators work fine, but not every custom indicator works correctly on the simulator. Read more about known problems with custom indicators and possible solutions in Troubleshooting section.
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