trade simulator | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Multi Time Frame Trade Simulator MT4 2 replies

Trade simulator cannot place order! 2 replies

MT4 update has broken indicators and trade simulator 2 replies

Trading simulator or practice tool 10 replies

Something's wrong with trade simulator 0 replies

trade simulator

  • #21
  • Dec 3, 2006 2:00pm Dec 3, 2006 2:00pm
Quoting Terranin
Hello everybody. I am the developer of this software and would like to answer your questions:

1. Program supports custom indicators and EA. There is an API similar to MT4 language. You can even test a set of EA together.

2. Trailing stop will be implemented soon, many users ask for this.

3. I issue updates in 1 - 1.5 months. Last build was issued some days ago with some good improvements.

4. New vesion 2.0 will be not very soon, upgrade will cost 20% of new version, till this event all updates are for free.

5. Also I am thinking to make visual EA builder, that people can create their own strategies without programming but it will take a while.
Ive used your demo more than a month ago, was impress but put off by the short time limt. My question is: Since MT4 introduces a visual mode on their tester, wouldnt this be similar to yours now?

Thanks
Change Your Thinking. Change Your Life - JD
  • #22
  • Dec 3, 2006 2:06pm Dec 3, 2006 2:06pm
I actually just downloaded this product and am actually very impressed by its professionalism (for loss of a better word) I havent yet noticed the bugs in it or anything but being for free, it seems awesome.
I dream, therefore I become.
  • #23
  • Dec 3, 2006 2:50pm Dec 3, 2006 2:50pm
What does this actually do? It seems like I am always down loading something so I didn't want to down load until I new more. Can someone help?
  • #24
  • Dec 3, 2006 3:30pm Dec 3, 2006 3:30pm
Quoting goodthings
What does this actually do? It seems like I am always down loading something so I didn't want to down load until I new more. Can someone help?
It basically allows you to backtest your Forex System using historical data in a simulated real time environment. I think that sounds right.

Thanks Tarranin for your replies, your program looks very well coded. I think I'll be purchasing a license today. I will let everyone know how everything goes.
  • #25
  • Dec 3, 2006 3:43pm Dec 3, 2006 3:43pm
One other thing guys. If we can get a group of 5 people together we can get this for as little as $75 US per license for the Pro version. Thats a saving of $60 per license. I'm not sure how the logistics would work, i.e can we each pay individually or would it have to be one payment.

Anyway, anybody else interested? Even if 2 people are interested we can get a decent saving.
  • #26
  • Dec 3, 2006 3:46pm Dec 3, 2006 3:46pm
Shucks. Now that I pay for it you guys get together for the discount

Quoting Squash
One other thing guys. If we can get a group of 5 people together we can get this for as little as $75 US per license for the Pro version. Thats a saving of $60 per license. I'm not sure how the logistics would work, i.e can we each pay individually or would it have to be one payment.

Anyway, anybody else interested? Even if 2 people are interested we can get a decent saving.
  • #27
  • Dec 3, 2006 3:49pm Dec 3, 2006 3:49pm
I'm in
Quoting Squash
One other thing guys. If we can get a group of 5 people together we can get this for as little as $75 US per license for the Pro version. Thats a saving of $60 per license. I'm not sure how the logistics would work, i.e can we each pay individually or would it have to be one payment.

Anyway, anybody else interested? Even if 2 people are interested we can get a decent saving.
  • #28
  • Dec 3, 2006 3:50pm Dec 3, 2006 3:50pm
I actually haven't used the visual mode yet in MT4. But, one difference I can see is that I can practice trading without having programmed an expert. There are a couple strategies I use that can't be traded with as an expert, or rather, it would be prohibitively expensive in time and effort to program the expert. There's also an aspect of just practicing entering manual trades as the market moves. I think this will actually help me trade my manual strategies because I see the market move up and down before and after entering a position.

Anyway, that's a long-winded answer. Sorry. I think there's room for both. I think Mike will be in trouble, though, if MT4 introduces something similar. However, they have such a backlog of feature requests, I'm not sure this would make it to the top.

Quoting OrangeRoshan
Ive used your demo more than a month ago, was impress but put off by the short time limt. My question is: Since MT4 introduces a visual mode on their tester, wouldnt this be similar to yours now?

Thanks
  • #29
  • Dec 3, 2006 6:03pm Dec 3, 2006 6:03pm
Quoting stockwet
I actually haven't used the visual mode yet in MT4. But, one difference I can see is that I can practice trading without having programmed an expert.
One downside to trading on demo is the slow progress of the market.

This is great...
...having a program that lets you run in fast forward mode. Hourly bars can be plotted in seconds or hours or whatever you choose. Same with dailys. Not many people have the patience to complete 6 months of practicing a particular strategy on the daily chart. Being able to hone your skills over a shorter time period should be interesting to many more people here.
I've done this manually with MT4s F12 key and it's slow, and nearly impossible for strategies that require you to use multiple time frames. (I do it though, using vertical lines then zooming down once aall are marked, on say, the daily. Loooong winded! : )

,Bundy
Bundy's status today: "Waiting..."
  • #30
  • Dec 3, 2006 6:44pm Dec 3, 2006 6:44pm
Yeah, I've used the F12 key. Actually, I have an indicator that breaks out my trading open and end times with vertical lines. Then, I use the F12. When I have an entry signal, I log it into a database I created, take a screenshot and post the screenshot to the database record. Then I record if it was successful, etc. This program is definitely saving me time.

I use a 15m chart for one of my strategies and one of the things I lack in MT4 is knowing how the prices moved within that 15m timeframe. This program solves that problem as well.

Quoting bundyraider
One downside to trading on demo is the slow progress of the market.

This is great...
...having a program that lets you run in fast forward mode. Hourly bars can be plotted in seconds or hours or whatever you choose. Same with dailys. Not many people have the patience to complete 6 months of practicing a particular strategy on the daily chart. Being able to hone your skills over a shorter time period should be interesting to many more people here.
I've done this manually with MT4s F12 key and it's slow, and nearly impossible for strategies that require you to use multiple time frames. (I do it though, using vertical lines then zooming down once aall are marked, on say, the daily. Loooong winded! : )

,Bundy
  • #31
  • Dec 3, 2006 7:35pm Dec 3, 2006 7:35pm
Quoting OrangeRoshan
Ive used your demo more than a month ago, was impress but put off by the short time limt. My question is: Since MT4 introduces a visual mode on their tester, wouldnt this be similar to yours now?

Thanks
Not even close to mine.
Forex Tester Software
  • #32
  • Dec 3, 2006 7:37pm Dec 3, 2006 7:37pm
Hey i enjoy ur product. Have had it for a few weeks. Its really nice for the price. I have a question maybe I am missing it. Is there a way to close half your positon. If i open 10 lots can i close just half of them?

I may have missed this option cause I haven't played with it fully yet.

Thanks,
Mike
  • #33
  • Dec 3, 2006 7:39pm Dec 3, 2006 7:39pm
I have been doing a similar thing to you stockwet, except I have been logging all my trade details into a spreadsheet and then analyzing the data from that. Glad to hear that this program is making life easier.

Bundy, are you ineterested in a buying this? If so thats 3 people which brings the price down significantly.
  • #34
  • Edited Dec 4, 2006 8:27am Dec 3, 2006 7:43pm | Edited Dec 4, 2006 8:27am
Quoting Squash
One other thing guys. If we can get a group of 5 people together we can get this for as little as $75 US per license for the Pro version. Thats a saving of $60 per license. I'm not sure how the logistics would work, i.e can we each pay individually or would it have to be one payment.

Anyway, anybody else interested? Even if 2 people are interested we can get a decent saving.
You can see pricing at our site in the "How to buy" section.

When you buy you should set number of licences and you will see the resulting price for them all. To get a discount it must be single order for 2 or more licences.

We are going to revise our discounts, they are quite big , but you can buy now with big disconts for multiple licences.
Forex Tester Software
  • #35
  • Dec 3, 2006 7:48pm Dec 3, 2006 7:48pm
Quoting mbqb11
Hey i enjoy ur product. Have had it for a few weeks. Its really nice for the price. I have a question maybe I am missing it. Is there a way to close half your positon. If i open 10 lots can i close just half of them?

I may have missed this option cause I haven't played with it fully yet.

Thanks,
Mike
No, at this moment you can not, but we have this option in our plans for the future.
Forex Tester Software
  • #36
  • Dec 3, 2006 10:20pm Dec 3, 2006 10:20pm
Hmmm a single order makes things a bit more difficult. I think I'm going to go ahead and order a copy now. Sorry guys.
  • #37
  • Dec 3, 2006 11:03pm Dec 3, 2006 11:03pm
Quoting Squash
Hmmm a single order makes things a bit more difficult. I think I'm going to go ahead and order a copy now. Sorry guys.
Hey Squash, really it's not that big a problem. The program will pay for itself won't it?

Terranin,

There's a policy here on new guys posting links. Especially if it's to your own commercial site.
It'd be best to remove your link before you get the wrong end of the stick.

People will be able to find their way to your site through Stockwet's link for now.

Just so you know and don't get banned!

It's good to have you here answering questions.

,Bundy
Bundy's status today: "Waiting..."
  • #38
  • Dec 3, 2006 11:25pm Dec 3, 2006 11:25pm
  •  Rumi
  • | Joined Mar 2006 | Status: Student of forex trading | 44 Posts
I am really liking this forex tester simulator. I have the the forex interebank one but I am thinnking this other one can give the other one a run for it's money.
I was just going to mention that the forex interbank one does offer downloads of several currencies althe way back to 2001. That said I think I might go with the forex tester and look at buying it very soon. It does protofilio management and custom indicators and seem to offer more customization for a user then the one I have. I really like the fact that it offers a MT4 format and all it's many features. Seriously, one of the best things I ever did was invest in a simulator and I am amazed already by what is being offered by forex tester and I haven't even tried it yet.

There is an advantage to the forex simulator I have though and that is that it offers upcoming news and "to the second "news announcements (previous, forecast and actual) this is good because if you use a intraday strategy, news can affect the strategy. or if you use the news to trade with a strategy, this also helps. This simulator also has a trade journal to photo graph trades and record notes and ...basically a great trade journal so one can learn. It also has a risk calculator to manage each trade's particular rick % based on where you place stops. That said, the simulator needs a lot of improvement, is a bit unintuitive and lacking in needed resources. ( no 1 min data for scalpers and some of the indicators need some work; you can't even make the lines thicker or more visible)


If anyone can answer this small question about the forex tester: can one fast forward with varying speeds on the forex tester and do so soothly? This to me is very important because sometimes really want to pack as much eperience into my practice sessions yet at times need to pause and observe things for a small while. Alss, what is the main diffenrence bet the lite and professional version? I saw nothing on the website describing the diffenrence.


Other than that, if this thing offer solid indicators and data and relatively stable platform , I will seriously consider buying it. Looks amazing!
  • #39
  • Dec 3, 2006 11:33pm Dec 3, 2006 11:33pm
yes you can fast foward rewind smooth and at varying speed. It runs really well.


Mike
  • #40
  • Dec 4, 2006 1:43am Dec 4, 2006 1:43am
Quoting bundyraider
Hey Squash, really it's not that big a problem. The program will pay for itself won't it?
Ya Bundy, I think it will pay for itself and a whole lot more in a short period of time. So I went ahead and purchased it this afternoon. So far so good.
0 traders viewing now