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Forex Tester

An easy-to-use application to prepare yourself for Forex market conditions by playing various market cases either in real time or at a modified speed level by practicing an unlimited number of trading strategies.

Forex Tester is a computer simulator of the FOREX market.

  • Practice trading and Test out different trading strategies against historical market data, rather than risking real money.
  • Have total control over the testing process.
  • Select the testing speed, make a pause and track history forward by bars.
  • If the activities result into a loss, roll back, enter new parameters and retest the strategy.

Try ForexTester before buying it.
Buy the license at the discounted price of
170$* 199$!!!

*Only ForXstreet.com visitors

Data Service

Get historical data and update only the data you need with the Data Service. Save Time! No need to download full data manually, unzip and import by yourself. The Data Service resolves these problems and gives you more advantages!

SPECIAL PRICE FOR FXSTREET USERS! 10% OFF on all prices!

Subscription type Description
Basic Free for all registered users (included on the Forex Tester price). You can update 1-minute historical data for one broker (Forexite) from 01/01/2001 to the actual date. Forex Tester updates the database every month on the 1st day of the month.
Standard
M1 data service subscription
$25/month* instead of $29,99 - This subscription type allows you to update 1-minute historical data for different brokers. Data is updated on a daily basis.
VIP
Tick-by-tick data service subscription
$41.99/month* instead of $49,99 - This subscription type allows you to update 1-minute historical data and real tick data for different brokers. Data is updated on a daily basis.

*All prices are before taxes, which may vary depending on the country that the product is purchased within.

See all suscriptions types here.

Note: Access to data will be available within 24 hours after payment. This is the monthly based subscription, during the paid period you will get access to the extended historical data that is updated every day. If you order more than 1 month, you will get a discount.

Standard
· $20.00 per 1 month if they buy 3 or more months of subscription (instead of $23.99)
· $16.25 per 1 month if they buy 6 or more months of subscription (instead of $19.49)
· $12.50 per 1 month if they buy 12 or more months of subscription (instead of $14.99)

VIP
· $33.59 per 1 month if they buy 3 or more months of subscription (instead of $ 40.00)
· $27.29 per 1 month if they buy 6 or more months of subscription (instead of $ 32.49)
· $20.99 per 1 month if they buy 12 or more months of subscription (instead of $ 24.99)

Software used and recommended by the best traders


Triffany Hammond

Triffany Hammond - Trader and Educator at TrifFX

Backtesting is an important fundamental piece to a forex trader's practice/education and Forex Tester makes it considerably easier. Manual backtesting can be very time consuming and can dampen a student's willingness to study and practice before using real money. ForexTester rescues me and my students from the tedium of backtesting by loading the candles automatically (tick by tick if I want to simulate live conditions), keeping track of most of the data I need to record (which shaves hours off of my backtesting time) and by allowing me to save and return to projects at my leisure. Because details like swap rate, decimal levels and the spread of each pair are customizable, I can even make sure that I'm testing as close to the conditions that are set by my broker as possible.

Watch Triffany's webinar: Backtesting your System Using Forex Tester


Rob Booker

Rob Booker - Forex Trader, Author and Coach:

Backtesting is essential because it provides us with fundamental statistics about a system or strategy. These statistics can be used to tell us how profitable it is over an extended period, how dangerous it can be over a short period, how the size of the winners relate to the size of the losers, your win%, net pips over the test period, and so on. It is easier to walk down a dark path if you know that it leads to a nice, safe place, than to walk down a dark path without the knowledge of where it ends up. Forex Tester greatly simplifies the process of verifying a discretionary trading method. It has saved me immense amounts of time and money!


Gonçalo Moreira

Gonçalo Moreira - Author of FXStreet Learning Center:

Imagine trading a strategy which is executed on the 4hr time frame with a frequency of, let's say, 5 trades per week. In real time you would need 20 weeks to accumulate just 100 trades, while manually backtesting you can have it passed in one journey. If you backtest one hour everyday, at the end of the first year your subconscious will have the visual and execution experience of dozens of years of trading. This makes a difference. You can trade in several time frames simultaneously advancing tick by tick, choosing the speed. Another great feature is the fact that you can export the historical trackrecord and display it in a spreadsheet.

Main features of the software:

Forex Tester is designed for all traders, including beginners who are just taking the first steps into the world of FOREX and professionals who want to hone their trading skills.

While a live FOREX demo account can help in this process, practicing in real time is too long and complex. For example, if the trading system allows trading every day only at 9 AM, the user will have to sit at the computer every day at 9 o'clock during a month or even more. Forex Tester reduces learning from weeks to minutes and allows the trader to test strategies uninterruptedly.
  • Built-in library of indicators such as Ishimoku, Relative Strength Index, MACD, Stochastic, and Bollinger Bands, regularly updated with new indicators.
  • Create your own custom indicators using Forex Tester API and samples.
  • Library of drawing tools including vertical, horizontal, trend lines, rays, poly lines, Fibonacci tools. Shapes can be deleted, copied, or edited to change color and style.

  • Unlike similar software, Forex Tester brings precise, realistic results, letting the beginning trader gain true FOREX experience and prepare to trade on the real market. To achieve more precision, the program handles swaps, spreads, margins and other market parameters.
  • See the results as profit diagrams, including balance, margin, equity and drawdown.
  • No restrictions on the number of currencies, or timeframes to be used for testing.
  • Import an unlimited number of currencies and years of historical data and test them simultaneously.

  • Offering a multi-window interface, the program allows one to open several windows with different currencies and timeframes of one currency simultaneously.
  • Any operation is a mouse click away; all needed parameters can be selected from menus, and the user does not have to write formulas.

  • The program can import history data from different sources and in various formats, including MetaTrader history format. Once the history is loaded and ticks generated, Forex Tester will read and process the prepared tick data and build the bars. The trader can start testing placing market or pending orders directly on the screen, pausing testing, tracing by bars, or rewinding the history.

Backtesting your System Using Forex Tester – Webinar presented by Triffany Hammond


Video: Backtesting your system with Forex Tester

In this webinar, you will learn how:

  • Finding and Importing Historical data
  • Loading the data and preparing it for testing
  • Setting up the charts to match your broker's settings
  • Testing any time frame
  • Saving and Using Projects
  • Exporting and Reviewing your testing data

Tutorial 1 - Installation


This tutorial describes how to download and install Forex Tester from our site. See also How to use - Installation.

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Tutorial 2 - How to register Forex Tester

This turorial shows how to register the program and remove demo version limitations.


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Tutorial 3 - Working modes

This tutorial describes difference between History Mode and Testing Mode. See also How to use - Working Modes.

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Tutorial 4 - Data Center

This tutorial provides the information about Data Center. See also How to use - Data Center.


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Tutorial 5 - Importing data

How to import historical data to Forex Tester from our site and other sources. Types of historical data supported by Forex Tester. See also How to use - Importing data.

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Tutorial 6 - Generating ticks

How to prepare data for testing. Generating ticks, different methods of ticks generation. See also How to use - Generating ticks.


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Tutorial 7 - Start testing

How to start testing, different methods of testing, controls, placing orders. See also How to use - Start testing.

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Tutorial 8.1 - Placing orders

Placing market and pending orders. See also How to use - Placing orders.


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Tutorial 8.2 - Placing orders

Placing market and pending orders. See also How to use - Placing orders.

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Tutorial 9 - Modifying orders

How to modify and delete previously placed orders. See also How to use - Modifying orders

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Tutorial 10 - Using indicators and oscillators

How to use indicators and oscillators, how to place them on the chart, changing settings and use more than one indicator in the oscillator window. See also How to use - Using indicators

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Tutorial 11.1 - Using graphic tools


How to draw trend lines, shapes, fibo tools, channels and how to modify and delete them from the chart. See also How to use - Using drawing tools

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Tutorial 11.2 - Using graphic tools

How to draw trend lines, shapes, fibo tools, channels and how to modify and delete them from the chart. See also How to use - Using drawing tools

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Tutorial 12 - Using templates

How to use templates. See also How to use - Using templates



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Topics covered

Compatibility

With what Windows versions Forex Tester is compatible?

A: With Windows 2000 and higher (Windows 2000, 2003, XP, Vista, Windows 7). Forex Tester is not compatible with Windows 95/98/Me.


Can Forex Tester work on Apple Macintosh computer?

A: It can not work under Apple operation system, but could work if you install Windows on this computer or run some Windows simulation software (VM Ware for example).


Can I test Expert Advisers and indicators from MetaTrader with your software?

No. The only software where you can use them is MetaTrader itself. But those experts and indicators could be rewrote by a programmer into ForexTester format using Forex Tester API libraries.

Purchase and registration

I purchased 1 license and I want to install Forex Tester on my home computer and my work computer. Can I do this?

No. Our sales policy is: one computer - one license. Software is attached to your computer and can not be registered with the same key on another computer(s). User has the right to move Forex Tester to another computer in case of crash old computer or purchasing new one. In this case we block old key and issue new one at no extra cost. Unfortunately we can not issue keys for 2 or more computers, that single user could have, for a price of a single license. In this case you can purchase more than one license with significant discounts.


My computer where I installed Forex Tester is broken (I purchased new computer/I want to install Forex Tester on more powerful computer/etc.). What can I do?

In this case you can move your license to another computer at no extra cost. We will block old registration key and issue new one for free.


Do I pay for your software one time or is it a monthly/early fee?

It is one time payment. You will not be charged in future (except if you decide to upgrade for the next major version).


For how long my registration key is valid?

Forever.


I put my registration key to registration form and program says that it is incorrect. What is wrong?

Different versions of Forex Tester use different registration keys. If you are trying to register Forex Tester 2 with registration key created for Forex Tester Professional (Lite) then it will be invalid. Also, because software is linked to your computer, you can not register Forex Tester on different computer with the same key. To obtain correct registration key for selected computer you need to fill this form www.forextester.com/keyrequest.php and put there correct HardwareID code from your computer (see how to find HardwareID www.forextester.com/id.html.


Do you provide software upgrades for free?

We provide minor upgrades for free. For example, after release of version 1, we issued versions 1:1, 1:2, 1:3, etc. You can have these upgrades for free and your registration key is valid for them, but to upgrade for new major version 2 you need to pay an upgrade fee (cost is ~25% of the new version price).

Demo version and full version

What are the limitations of demo version?

In demo version you can not test more then 1 month of historical data, load and save projects, and you can not continue testing after it was stopped:


Where can I get full version?

After you register demo version with your registration key, all limitations will be removed and it becomes full version:

Other questions

I reinstalled my operation system and Forex Tester stopped working:

Forex Tester saves your hard drive configuration as a unique HardwareID to identify your computer: In some cases reinstalling of OS can change this id: You need to send us your new HardwareID and we will generate new registration key for you:


Your software has only 1 month of historical data pre installed: Where can I get data for bigger period?

We included 1 month of historical data to our setup file for size reasons: You can download historical data from our site here www.forextester.com/datasources.html for free: We provide data from 2001 year to current moment and update this data monthly:


I can not import history and can not add new symbols:

You can do this only in History Mode, in Testing Mode you can not add new symbols and import history: Switch to History Mode:


I imported historical data in History Mode, then switched to Testing Mode and there is still only 1 month of data:

You need to generate ticks first for desired period of time and symbols:


I imported data in History Mode, generated ticks, switched to Testing Mode and still see only 1 month of data there!

You see results of previous test: You need to start new test - press the "Start Test" button: If pause was set, release "Pause" button also:


I generated ticks for 2 (or more) symbols, when I started test I can see bars on one chart, but second chart is empty: What I am doing wrong?

It is possible that you imported more history for 1 symbol, then for others: For example, you imported history for EURUSD from 2001/01/01 to 2009/01/01, and for USDJPY from 2002/01/01 to 2009/01/01: And you generated ticks from 2001/01/01 to 2009/01/01: When you start test you will see bars created on EURUSD chart and nothing on USDJPY chart until testing time reaches 2002/01/01: Then you will see bars on 2 charts:


I generated ticks for USDJPY, then I generated ticks for EURUSD: When I switched to Testing Mode I can see only EURUSD but I want to see both:

You need to generate ticks for 2 symbols at the same time: Every new ticks generation erases previously created data:

With version 2.6 a new data service started, that will improve process of importing historical data into the program. Before you have to download the historical data manually, unzip and import it by yourself that was not very convenient and time consuming. Also, it was not possible to update just missing part of the data, user had to download the whole archive. New sevice resolves all these problems and gives you next advantages:

  • It saves your time . You do not have to download quotes from our site manually - the program will do it by itself.
  • It brings new option to download just missing data from the last update. So, instead of updating 10 years of data you can download just 1 month if you updated your history month ago.
  • We update our historical data every month (free of charge), but, if you need more frequent updates, you can sign for "Standard" or "VIP" service and update history every day. Thus, you can replay previous market day.
  • You have a possibility to get data from different brokers (for subscribers of “Standard” and “VIP” services). Historical data differs from broker to broker and it is better to test your strategy on that broker's data where you are going to trade.
  • You can download 5-digit data (for subscribers of “Standard” and “VIP” services).
  • You have a possibility to get real tick data (for subscribers of “VIP” service); this will improve testing quality. Scalping strategies are very sensitive to this.
  • You have a possibility to get data with floating spread (for subscribers of “VIP” service); As you know spread can influence on your trading especially on news events, etc..

Service summary

Data types Subscription type
Basic Standard VIP
M1 data of the broker Forexite from 01/01/2001 till the last date of the previous month from 01/01/2001 till the last date of the previous month from 01/01/2001 till the last date of the previous month
M1 data of Alpari broker (NZ, US, UK) unavailable from April 2010 till yesterday from April 2010 till yesterday
M1 data of FXCM broker unavailable from April 2010 till yesterday from April 2010 till yesterday
M1 data of FXDD broker unavailable from April 2010 till yesterday from April 2010 till yesterday
M1 data of Forex.com broker unavailable from April 2010 till yesterday from April 2010 till yesterday
M1 data of FXOpen broker unavailable from April 2010 till yesterday from April 2010 till yesterday
M1 data of Interbank FX broker unavailable from April 2010 till yesterday from April 2010 till yesterday
Tick data according to all above-mentioned brokers (except Forexite) unavailable unavailable from April 2010 till yesterday
Subscription’s price Free $25/month* instead
of $29,99
$41.99/month* instead
of $49,99

*All prices are before taxes, which may vary depending on the country that the product is purchased within.

See all suscriptions prices

Note: Access to data will be available within 24 hours after payment. This is the monthly based subscription, during the paid period you will get access to the extended historical data that is updated every day. If you order more than 1 month, you will get a discount.

Standard
· $20.00 per 1 month if they buy 3 or more months of subscription (instead of $23.99)
· $16.25 per 1 month if they buy 6 or more months of subscription (instead of $19.49)
· $12.50 per 1 month if they buy 12 or more months of subscription (instead of $14.99)

VIP
· $33.59 per 1 month if they buy 3 or more months of subscription (instead of $ 40.00)
· $27.29 per 1 month if they buy 6 or more months of subscription (instead of $ 32.49)
· $20.99 per 1 month if they buy 12 or more months of subscription (instead of $ 24.99)

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