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alternatives to soft4x/forex tester on mt4 | backtesting but mt4 is so annoying to chart on
I'm have soft4x to test my swing strategy which relies on ema/trendlines/rsi to make manual trades since I have to chart them pretty often. I could see people using soft4x to chart simple S/R or PA patterns but I cant understand how people backtest on MT4 but for longer term I have find it highly uncomfortable. Just suck it up or alternatives? Soft4x does a great job of stats, something TV can't do but it is definitely simpler. Thoughts?
Can you see all time frames on the basic Forex Tester 3 package?
I'm interested in buying the Forex Tester 3 software, but can't seem to find out if you can use time frames such as 15m and 5m on just the basic package. In other words, if you just have the basic package (not Standard or VIP) can you still view the 15m charts?
Im thinking of buying forex tester 3 within the next few weeks, just wondering how you guys have used it to improve your game? Were there specific areas you focused on? For me, the following are my priorities: 1. Practice better risk management 2. Improve win/lose trade ratio (2:1) 3. Improve win/lose amount ratio (2:1)
Forex Tester is certainly the best program for working out somebody's manual strategy. After a long period of working with Forex Tester I gained the ability to almost forecast the movements on a real chart. Also, Forex Tester helped me to dismiss a good deal of hopeless strategies and to improve my working ones. Forex Tester simulates trading in the Forex market. It is designed for you to learn how to trade profitably, and to create, test, and refine your strategy for manual and automatic trading. It comes with various tools to capture historical data and create trading strategies. Simple Forex Tester comes with a full and complete set of educational videos, recorded by the software creator. These videos will guide you through every aspect of Simple Forex Tester, step by step to ensure you can get the absolute most out of your testing efforts. Forex Strategy Tester software provides 100% market modelling quality. C++ trading strategies. Back and forward testing. Free test data. Free download. Forex Tester 4 has a lot of the look and feel of Forex Tester (which is good). The software is very customizable and includes features like Hotkeys for almost any action and quick buy or sell orders all of which allow for quick action for fast testing. The ability to use fixed fractional position sizing is the most exciting feature.
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