Replay / Backtest the forex market with ForexTester 2 (tick for tick) or (candle for candle) | Forex
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Use a simulator to pretend you are trading real money tick for tick. Dont be an idiot and jump in with real money until you find something that works for you. I have seen traders lose thousands/millions of dollars with minimal testing or strategies for scam FX courses and gurus. Remember the markets are dynamic. They are consistently changing. What worked for a few months or a couple of years may not work again. Personally I revise my strategy at the end of every year making some tweaks. More info: http://www.forextester.com/idevaffiliate/idevaffiliate.php?id=365 Download demo or purchase full version from link above. Update: Forex Tester has been updated to Forex Tester 2 and the price has increased as well. Still a must have. Don't risk real money with your strategy until you obtain a consistent historical record. I see to many folks blow thousands of dollars from using a strategy they learned from an FX course or somewhere they find on the Internet. Before going live with your trading strategy, always use a simulator first. Or you will only make your broker rich :) Replay the forex market bar for bar *or candle for candle) starting from what ever date you wish. Develop your strategies or modify it using this software without risking real money in the live markets. This simulator forex software is a must have. If you have any questions let me know. http://exforexbroker.com/ & http://www.tallinex.com/?i=127761 TIP: USA resident forex traders looking for higher leverage (I use 1:100 but can go up to 1:600), hedging, significant credit/debit card deposits + free withdrawals back to card, no rollover swap on gold (xauusd), silver (xagusd), bitcoin and no FIFO-rule then look here: http://www.tallinex.com/?i=127761 MUST READ FX BOOKS...Seriously!!!!! Forex Price Action Scalping: an in-depth look into the field of professional scalping (Bob Volman) http://www.amazon.com/Forex-Price-Action-Scalping--depth/dp/9090264116/?tag=cz45bkl-20 Attacking Currency Trends: How to Anticipate and Trade Big Moves in the Forex Market (Wiley Trading) http://www.amazon.com/Attacking-Currency-Trends-Anticipate-Trading/dp/0470874384/?tag=pns3k4ks-20 The FX Bootcamp Guide to Strategic and Tactical Forex Trading (Wiley Trading) http://www.amazon.com/Bootcamp-Guide-Strategic-Tactical-Trading/dp/0470187700/?tag=hhk784i-20 How the market makers extract millions of dollars a day & How to grab your share (Martin Cole) http://www.amazon.com/market-extract-millions-dollars-ebook/dp/B006KXN07G/?tag=b002hoz4-20 Currency Trading in the Forex and Futures Markets (Carley Garner) http://www.amazon.com/Currency-Trading-Forex-Futures-Markets/dp/0132931370/?tag=49s94d-20
Comments
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Awesome channel! I think it’s really serving the people in our forex industry with this highly educational information. I just posted a few videos that may also your viewers, showing how to use back testing to master the forex markets. These video helped me learn to perfect my strategy and start killing it: https://www.youtube.com/channel/UC0i7Jb6ulbuD4e-9HN4oOwA
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THis is the best testing tool ever. try this
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Hey, if you are interested in Forex testing the best testing tool ever is Forex Tester 2. Check http://www.forextesting.com - you can find Forex Tester 2 introduction, tips and how to work with it. Invaluable!
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