Forex tester 2 indicator.
You have finally got your trading strategy and are ready to use it for transacting currencies. And you are pretty confident about it as well. Well, before you get into real-time trading scheme of things, you should take a little more time and use a strategy tester to back test your trading method. Forex tester 2 indicator is one cool instrument which you can put to use without much issues.
This is a tool which many experts present their stamp of authentication. And the fact that it is compatible with your MetaTrader 4 terminal makes things all the more hunky-dory form you.
How this instrument proves effective!
Back testing is one of the best ways to ascertain that the strategy they think is great - actually is! Many may argue that though forward testing is still a super mode of determining the impeccability of your strategy, the importance of back testing cannot be ignored.
Abiding the conventionalities of strategy tests, Forex Tester 2 indicator, also makes use of historical data to check the appropriateness of your strategy. The hallmark of this strategy is that is complies market data of over 15 years scattering over all Forex pairs.
As soon you put your trading method to the test, this tool will present the end-result of the strategy on your market charts. If your method reflects the market data, as well as the past, feeds present in your chart, then you will understand that your strategy is surely worth trading with.
When encountering a volatile market as Forex, you need to ensure that each variable of your method is up to optimal in proficiency. Otherwise, you are basically gambling with your earnings with every possibility of losing it.
With this indicator, you can analyze if all the functions are properly operational or not. You can double check and also customize your technical instruments to know if they are giving you insights on every market aspect you are targeting.
Further explaining its necessity:
Known as one of the best indicators Forex tester, makes you aware whether your temporary demo strategy is apt enough for real time trading. Explaining this conundrum further, follow this example.
Say you have GBP/USD as your currency pair. Now you find out that there is a 10% appreciation on the currency value over the next few weeks. Since each indicator bases upon a single or a mix of theories!
Now suppose you apply your strategy directly to the market and find that the gain is not 10%. It means your strategy is not as accurate as you thought. In other words, you put your money at risk.
This would not be the case if before going real-time; you use indicators for Forex tester 2. You will know beforehand that your strategy is not as accurate as you thought it to be and you get the scope of perfecting it more. This is the benefit this indicator brings and perhaps this is why experts believe it to be of utmost necessity for every trader.
So before finishing off, download Forex tester 2 indicators and put your strategy through some real time tests. There is no point putting your earning at risk, especially when you don’t need to.
Think about it - you will understand!
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.
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Forex trading indicators: an ultimate tool to spot the trend and to set up the trade.
You can add an indicator or oscillator to the chart with the help of this button on the toolbar or with help of Insert → Add Indicator menu:
In addition, you can click the right mouse button on the chart and select the "Add Indicator" item. You will see the dialog where you can modify indicator's properties before it is placed on the chart:
To modify an indicator’s parameter, you need to double-click on it or click the left mouse button and press the "Enter" key. Some of the properties may have the drop-down list or a dialog window where you can select some values:
To cancel changes, press the "Esc" button on the keyboard, and to apply them press the "Enter" or "Tab" button, or click the left mouse button on the dialog.
Each indicator is linked to one timeframe of the chart window. So, if you place it on the H1 time frame, you will not see it on other time frames (15 min, 1 min, etc.). It was done for optimization purposes, if not, it would slow down the testing process significantly. We recommend you to place indicators only on those time frames where you need them. You can do it with the help of "Timeframes" tab, activate the needed timeframes here:
To edit the indicator on the chart, please click the right mouse button on the indicator's line, you will see the next menu:
You can edit indicator's properties (select “Edit …” option in this case) or delete it from the chart ( “Delete …“ ).
You can combine more than 1 indicator in the oscillator window. Click the right mouse button in the oscillator window and select "Add indicator to window" . When you delete the oscillator's window, all other indicators in this window will be deleted too.
Also, you can see and manage all the indicators on all charts and timeframes with the help of “List of indicators” button on the toolbar:
Here you can edit indicator properties, delete indicators, or delete all indicators on all charts at once.
We included lots of standard indicators into Forex Tester, but if you need any of the custom indicators that is not included in the program, you can create it by yourself or hire a programmer who can do this job. Custom indicators could be installed with the File → Install → Install new indicator menu. We have API to create custom indicators available for the C++ and Borland Delphi languages. You can get more information on our forum here.
The list of built-in Forex Tester indicators:
Accelerator Oscillator (B. Williams) ADR AMA (Adaptive Moving Average) Average Directional Movement Index (ADX) Alligator (B. Williams) ATR (Average True Range) Awesome Oscillator (B. Williams) Bears Power Bollinger Bands Bulls Power Commodity Channel Index (CCI) Elder's Force Index Envelopes FATL Fractals (B. Williams) FTLM-STLM Heiken Ashi Ichimoku Kinko Hyo Keltner Channel Linear Regression Channel Moving Average Convergence Divergence (MACD) MA Crossover Signals MFI Momentum Moving Average (Simple, Exponential, Weighted, Smoothed) with shift option On Balance Volume (OBV) Parabolic-SAR PCCI Pivot Points Polarized Fractal Efficiency (PFE) Price Channel Price Daily Range Rate of Change (ROC) Relative Strength Index (RSI) Solar Wind Stochastic Oscillator Range bars Range Expansion Index Trade dynamic index (TDI) Time box Ultimate Oscillator Volume Williams' Percent Range (%R) ZigZag.
7 white papers about the key aspects of trading 3 profitable strategies that we have tested for you The description of the core Forex Tester’s features.
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Forex tester indicator download

All other features are the same as in the full version. To remove limitations you should purchase our market analysis software and receive a registration key from us. The license is available for $199.
Thank you very much for your program, I am glad that I have purchased it! . read more.
This allows someone, in a painless manner, to train and test out their theories and strategies without being chained all night to the London session or so tired and beat up afterwards that the New York session feels like nine rounds with a boxer breathing in your face!" . read more.
I purchased Forex Tester in autumn 2013. I began to use it and to build my trading strategy. The program allows one to see the results of their ideas very quickly, and the education process goes much faster; experience and the sixth sense are accumulated that cannot be received with the help of any book or theoretical studying. My system was finally built at the end of 2013 and since that time I trade profitably and stable.
I consider this program as one of the most beneficial investments into my education. . read more.
7 white papers about the key aspects of trading 3 profitable strategies that we have tested for you The description of the core Forex Tester’s features.
Compatibility.
Forex Tester is compatible with Windows 2000, 2003, XP, Windows Vista, Windows 7, Windows 8, Windows 8.1, and Windows 10 Our software is not compatible with Mac operational systems, though it can work under Windows emulators there, but you should check it first before purchase.
One license allows you to work with Forex Tester on one computer. If you want to install it on two or more computers, you need to order two or more licenses according to the number of computers. You can move our market analysis software to a new computer at NO extra cost, in case if an old one crashed or you purchased a new computer. Just let us know and we will issue a new registration key for free and block an old one.
You can find the full Forex Tester End-User License Agreement (EULA) text here.
How to install/uninstall Forex Tester 3.
You can read detailed instructions on how to install Forex Tester here.
In case if you are not satisfied with Forex Tester software (which is almost impossible) it is easy to uninstall it in "Start menu → All programs → Forex Tester → Uninstall Forex Tester".
Who we are.
The team of Forex Tester Software, Inc. company is a group of traders, competent programmers and polite support representatives. We decided to share our trading experience and present it in an understandable form for your benefit. Our company has been holding the leading position on the market since 2006 and we know for sure what you need as a trader. Forex Tester is the best market analysis tool for those who appreciate their time and efforts on Forex.
You can find detailed information about our company here.
If you have any questions about how to use the program check How to Use section on our site and also FAQ section.
Importance of market analysis software.
Start the line of your profitable trades using the advantages of the Forex Tester software – the most beneficial software for the Forex market analysis.
If you embark on the path of the professional trading, then there is no need to emphasize the necessity of the thorough analysis of the market patterns.
Make the good use of our market analysis software – Forex Tester – and take your trading skills to the next level.
At one moment both beginner traders and experienced ones start to search for the tool to perform the detailed market analysis in order to make their trading style even more efficient, systematic and productive.
7 white papers about the key aspects of trading 3 profitable strategies that we have tested for you The description of the core Forex Tester’s features.
Forex Tester is a software that simulates trading in the Forex market, so you can learn how to trade profitably, create, test and refine your strategy for manual and automatic trading.
Software to copy trades between MT4 accounts. Supports all brokers, has plenty of features such as Lot/Risk Management, Filtering trades and Reverse Trading, Lifetime Support.
We'll help you become intelligent Money Managers and gain you entry into the elite group that actually makes money trading Forex.
Software that opens trades in a fraction of a second with a built-in risk management calculator. Set predefined Stop Loss & Take Profit values for instant entries. Compatible with Forex Tester and MT4.