If finance isn't your game, then this software might not be for you. However, if your heart goes pitter-patter at the thought of foreign indexes, markets, and currencies, Forex Tester Lite just might be the software you've been waiting for.
Forex Tester Lite is a professional software simulator of the Foreign Exchange Market. It allows you to gain, improve, and master your trading skills without risking a dollar.
Unlike most market simulators, with Forex Tester Lite you don't need to train in real time. Rather than waiting for days and weeks and months to test your trading ideas and strategies, Forex Tester Lite packs it all into hyper-informative hours and minutes.
Forex Tester makes it a cinch to study trading in the FOREX market in a fast and convenient way. It helps you develop and test your own trading strategies without being a programmer, and allows you to test your trading strategies based on years of actual historical market data.
Best of all, you can do it all without adding new ulcers to your collection!
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Review Written by Roger Thomasson
Features
The Fine Print
Testimonials
- Extended drawing tools allow you to test trading strategies based on technical analysis. Forex Tester Lite provides some of the best analytical mechanisms available, including: Fibonacci Retracement, Fibonacci Fan, Fibonacci Arcs, Andrews' Pitchfork and others.
- Advanced manual testing allows traders to make virtual trading decisions based on historical data.
- Multiple types of orders are supported, including: market orders, limit orders, stop orders, breakeven stop orders, and predefined set of "packet" orders.
- Actual trading conditions can be user-specified. Choose the period of testing and regulate the speed of price updating. Step back in time at will and even "replay" the history.
- Continually updating Equity, Balance, Margin and Drawdown graphs detail the results of trading decisions.
- Continually updating statistics include total trades, profit trades, average profit, profit factors, and more.
- Import unlimited numbers of currency pairs and years of history data in almost any possible text format (ASCII, CSV, TXT) as well as MetaTrader4 history format (HST).
- Advanced users and programmers can further utilize Forex Tester Lite's open interfaces to create custome indicators and strategies. Implement using Forex Tester API.
- You can download and install a free trial of this software before purchasing
- Download available for: Windows 2000, 2003, XP
- Buy with BitsDuJour's promotional coupon code and get all this at a discounted price!
- Your discount coupon code will be applied to your purchase when you click the 'Buy Now' button.
- BitsDuJour downloads use a discount coupon code that comes direct from the software vendor, so you'll always get the latest version of the software app sold under the same terms as a regular sale, just at a great promotional price.
- Prices do not necessarily include taxes, which will vary by country.
- Review what others have to say...
- “This is a great program and really goes a long way for testing systems without waiting weeks to see the results. Any plans for building one that allows for Eminis and Futures contracts? I will be first in line to buy one!”- Andrew
- “GREAT! That will work. I am quite excited about using this. I actively trade forex. This visual analysis concept will really help. In the past I would manually go through charts, candle by candle and import the info into an excel spreadsheet. Your system is much better.”- Jeff
- “THIS SOFTWARE ROCKS! It makes it so easy to actually "pretend" to run real trades based on my strategies. When the profit column starts building up, that just reinforces the need to trade my system. I'm still learning how it all works, but even with my limited knowledge I am pumped!”- Yukoner
- “This product is awesome...i've just used it for one day so far, but i love it and can see myself doing thousands of practice trades. I love it and love it. No more demo results that take thousands of hours and live trades to tweak.My only issue is not being able or know how to tie in my current order platform. The other issue i am sure i will figure out how to resolve in a day or so is the price is partly cut off on far right. wth? also i am trying to find a data sheet.awesome product. pricey? Hell no. $135 usd... you'll make that in one trade using a standard lot even mini lots...do yourself a favor if yo're serious about trading, want to tweak current systems most especially if you're a noob.”- Peregrine
- “I searched and searched for alternatives right at the beginning and couldn't cut through all the crap on the web about forex to find it. LOLThe other one I don't think is supported that well.After having a quick read of the ForexTester website, it's lightyears ahead anyway. Even has it's own API.And I've just noticed they have downloadable history going back to 2001. Awesome!”- Bundy
- “I just bought a product called Forex Tester (www.forextester.com) and, I must say, I absolutely love it. You can load history data (even MetaTrader history) and it simulates the data flowing in allowing you to place mock trades against the historical data. I'm using it now to manually backtest a couple strategies.I definitely recommend this product. I think it's one of the coolest tools I've run across so far.”- Stockwet
