Practice makes perfect Trading Forex requires practice, but it takes a lot of time
Our Forex trading simulator lets you PracticeYour Strategy much FASTER, without taking any RISK.
No more waiting for certain market conditions or price movements.
No more having to watch the charts all day long.
With our simulation software you can control the time and focus on the most important moments to you.
Trade historical data and save your time
Forex Simulator lets you move back in time and replay the market starting from any selected day. It shows you charts, indicators and economic news as if it was happening live. You are able to place your orders, modify them or close them, just like you were trading live.
Trading historical data saves a lot of time compared to demo trading and other forms of paper trading. It also allows to adjust the speed of simulation, so you can skip less important periods of time and focus on the most important ones.
How it works
Forex Simulator works as Expert Advisor for Metatrader 4. It combines great charting capabilities of MT4 with quality tick-by-tick data and economic calendar to create a powerful trading simulator. It uses offline charts, which let you use indicators, templates and drawing tools available in Metatrader.
However, it is not limited to using historical data offered by Metatrader, which is usually low-quality data. It also lets you download and use high-quality tick data from Dukascopy and TrueFX.
33 Forex pairs, gold, silver, oil and 12 stock indexes
The software gives you access to all Forex major pairs plus XAUUSD and XAGUSD. You can also run simulations on oil and main stock indexes. Choose your favourite instrument and trade it.
Real tick-by-tick data
Unlike other trade simulators, our software lets you use as much as 10 years of real tick data with real variable spread. The simulator can download historical data from Dukascopy, which is considered one of the best free data sources, and from TrueFX.
Use broker’s data
Starting from version 1.7 of Forex Simulator it is possible to import historical data from Metatrader and use it in simulations. Now, you can run simulations on all instruments offered by any MT4 broker. All you need is a demo account.
Multiple timeframes
You can open several charts at once and follow price action on several timeframes. You can also create custom timeframe charts, like 10-minute chart or 2-day chart. All charts are synchronized and updated tick-by-tick.
More charting capabilities
All types of charts you ever needed in one place:
Standard Metatrader charts: M1, M5, M15, M30, H1, H4, Daily, Weekly and Monthly
Custom timeframes: M2, M10, H2, H3, 2 days, …
Second charts: 30 sec, 45 sec, …
Renko charts
Range charts
Tick charts
As you can see, our simulator offers you many more timeframes and types of charts than MT4.
Built-in economic calendar
You have access to current economic news releases at any time during the simulation. You can display them on your charts as well. Economic calendar is downloaded from Forex Factory and contains events starting from 2007. Other news providers may be available in the future.
News can filtered by their importance and by currencies, so you can easily display events that really affect your trading.
Use MT4 indicators and templates
Since this trading simulator is an add-on for Metatrader 4, it allows you to use all built-in MT4 indicators as well as many custom ones. You can also use MT4 templates to prepare your charts quickly.
We cannot guarantee that all non-standard indicators will work fine with Forex Simulator, but there is a good chance that many of them will.
New York Close 5-day charts
The simulator is capable of drawing charts in one of two modes:
GMT – all charts are based on Greenwich Mean Time (UTC+0)
New York Close – all charts are aligned with New York trading session close
The difference between these modes can easily be seen on daily charts. GMT charts will render 6 days in a week, including Sunday bar. New York Close charts will render only 5 days in a week. Also, all daily bars will look a bit different as time is shifted by a few hours.
Save your simulation at any time
The simulation can be saved to a file and loaded at a later time. All your trades, pending orders, stop losses, take profits, trailing stops and other settings will be restored.
Fully control the speed
You can pause and resume the simulation whenever you like. Speed it up and slow it down. Also you can step forward candle-by-candle on any chart you like, including tick, renko and range charts.
Moreover, there are 2 possible speed modes:
Ticks per second – ticks are uniformly distributed in time, for example 2 ticks per second or 10 ticks per second.
Real-time – ticks are distributed in the same way as they were distributed in real life. Of course, you can also speed it up, just like a video recording.
You can also tell the program to pause the simulation automatically on certain events:
Hitting SL or TP
Execution of pending order
Reaching a defined price level
Rewind the simulation
Starting from version 1.6 of the simulator you can easily go back in time if you need to. Every chart is now equipped with a button which lets you move back bar by bar. All your trades, pending orders, stop losses, take profits, trailing stops, account details and even statistics will be restored.
If you miss the opportunity or you simply increase the speed too much, it is not a problem. The simulation can be rewound by a minute, an hour, a day or by any other timeframe you choose.
Risk-based position sizing
The simulator lets you use either lot-based position sizing or risk-based position sizing. For example, you can set it to risk no more than 2% of your balance or no more than $100 per trade. Risk-based position sizing requires setting a stop loss to work properly.
Automatic trade management
Following automatic rules can be applied to any trade:
Stop Loss and Take Profit
Trailing stop
Automatic break-even
One-cancels-other (OCO) rule for pending orders
Moreover, you can use order templates to work faster and avoid repeating the same steps. A template can be used to save your trade management settings and load them at any time.
Visual trading
Forex Simulator lets you place pending orders, stop losses and take profits by simply dragging lines on the chart. You can also modify existing orders in the same way.
Save as HTML report
With Soft4FX simulator you can save the history of your trading as an HTML report. It is formatted in exactly the same way as Metatrader account statements, so it is very easy to import it to any third-party tool for further analysis. An example of such tool is Quant Analyzer. It offers quite a lot of useful statistics and features, even in a free version.
Export to Excel
It is possible to save your trading history as an Excel sheet, allowing you to study and analyze it in more depth.
Detailed statistics
The simulator displays statistics similar to ones offered by Metatrader, including:
Balance/Equity graph
Profit/Loss
Absolute, relative and maximum drawdown
Maximum, minimum and average spread
Profit factor
Expected profit
Largest winning and losing trades
Longest/Largest winning streak
Longest/Largest losing streak
…
You can access your current statistics at any time during the simulation, not only after it ends.
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Frequently Asked Questions
What is the Minimum Deposit? Any amount you want as you are forward testing your manual strategy or algorithm.
Can I use it with any broker? YES!
Delivery Speed is Key: We aim to dispatch all items between 5 Minutes and 30 Minutes dependant on your country.
Will You Show how to set it up? YES We will even Install it for FREE for you via Teamviewer!
UNLIMITED Aftercare Support: At ConnectmyCurrency we just dont want to sell you a robot we wanna support and help you grow throughout your trading career so don’t feel shy and join our exclusive trading community where you’ll meet me and like minded traders.
Do I have to keep it running 24/5? YES and We can recommend Very Cheap and Inexpensive Reputable VPS companies which will allow you to run your robot online so you can shut your computer down and save power. Sidenote: Do Not Purchase VPS from ebay as they’re as useless as a chocolate teapot in the sun.
Any Other Questions? Just Contact Us Today For a Speedy Response and a Pinpoint Answer!
Remember: All Proceeds from this Sale/Auction go to Charity!
Delivery Returns Privacy Delivery policy: All Books, Audiobooks and Videos are delivered by a choice of two methods; (1) via unique digital link sent via email (2) via download link at our site directly to your personal computer.
Forex Simulator System l Forex Trading System Strategy + Lifetime License Pass FTMO
£75.00
Description
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