FAQs About Forex Tester
Welcome to the Forex tester FAQ page.
Frequently asked questions about Forex Tester. Make sure to read through the most commonly asked questions about Forex tester. This FAQ is created to help you better understand the Forex tester software.
If we are missing any other questions you have, don't hesitate to contact us.
You will find almost all your questions and concerns about using Forex tester here. We highly recommend that you read this Forex tester FAQ to learn more about this free back testing software.
You do not need a Forex Tester Crack! This forex back testing software is available free of cost.
FREQUENTLY ASKED QUESTIONS ABOUT FOREX TESTER SOFTWARE
What is Forex tester?
Forex tester is a stand-alone trading tool for day traders.
Forex tester allows you to:
Back test your trading strategies
Day trade in a simulated environment
The back testing features of forex tester allows you to automatically upload your Expert Advisors (EA's) and back test them visually or automatically.
If you are still learning to trade forex, then Forex tester can also be used as a trading simulator. it works similar to a demo trading account. The only difference is that you have lot more features you can use to build your trading experience. Read here on how to use Forex Tester as a trading simulator.
Can you use forex tester for ipad?
The Forex Tester software is a fully functional and a professional strategy backtesting tool. There are a lot of functional features when you use the Forex tester software. Using Forex tester on iPad will greatly limit the functionality. Therefore, forex tester is not recommended to use on iPad. In fact, the software is also not available in iPad either.
Can you use forex tester for android?
Similar to the answer above, you cannot use forex tester for android. This is a powerful desktop software that allows you to use advanced functions. Therefore, using Forex Tester on Android will not do justice for this software. You can read about the Forex Tester Software features here to learn more.
Can you use forex tester for free?
The simple answer is yes. Forex tester is free! It comes with enough free features that can help you to back test your forex trading strategies. You can also run a few Expert Advisors on the free forex tester. Click the Download Forex Tester Free button to get started. If you are interested to learn more about what you can do with the free version of Forex Tester, click here.
Can you use forex tester on metatrader 4?
The Forex Tester software is a stand alone application. You cannot use Forex tester on Metatrader 4. But, the Forex tester features are similar to Metatrader 4. You can, for example, input a sample deposit amount, set the lot size and see if your strategy is profitable or not.
You can also run custom indicators and manually buy or sell using Forex Tester. This is a trading simulation software that allows you practice trading. You can also use Forex tester as a visual or automated strategy tester. Read more about how to get started with Forex Tester here.
How to crack forex tester?
You can find some dodgy websites that claim to have cracked forex tester!
But you will download and use the software at your own risk. Do you really want to use a cracked software if you are serious about daytrading forex?
A good trading strategy should be thoroughly tested. Therefore, using cracked forex tester is not the right option for you. You may get some good results using a cracked forex tester. But these results cannot be reliable.
If you do not have the money to invest in buying Forex tester, then download the free version. You can then test your strategy safely using the EUR/USD or the GBP/USD tick data that is already available on the free Forex tester version. Click here to download forex tester free.
Ready to see what Forex tester can do for you? Start now
Is there a forex tester for PC?
The Forex Tester software is compatible with PC. So you can definitely use Forex tester on pc. As long as you have the latest Windows operating system (Windows 10), you can download Forex Tester for free. There are no additional requirements.
The system requirements to run Forex tester smoothly are as below:
1 (GHz) or faster processor
32-bit (x86) or 64-bit (x64) processor
Minimum 1 (GB) RAM
5 GB Disk space
Microsoft Windows ® Operating System
Is there a forex tester for MAC or Linux?
Unfortunately, there is no Forex tester version that works for MAC or Linux Operating systems.
Alternately, you can make use of VMWare on your Mac or Linux operating systems and run Forex Tester on the virtual environment. Read this document about how to use Forex tester on Mac or Linux systems.
Remember that performance and visual aesthetics may not be the same when using Forex Tester on Mac or Linux. You will also need at least 4GB RAM on your Mac or Linux operating system so Forex tester can run smoothly.
Is forex tester worth it?
A very good question to ask about Forex tester!
This back testing software and trade simulator will be a very useful tool for day traders. If you are serious about making money with forex trading, then Forex Tester is a must have.
This trading strategy tester allows you to test new indicators, and allows you to build your own technical trading strategies with ease. The software is visually appealing and there are a lot of features. Click here to read more about full forex tester features.
Is forex tester better than a demo forex account?
This is a commonly asked question and a legit one. Why would you want to buy another trading strategy simulator when you can use a demo trading account on Metatrader for free?
The answer is simple.
The Metatrader demo forex account has its own limitations. For example, you can only forward test your strategy if you want to manually trade. For back testing, you need to use the Metatrader strategy tester feature. This can be a bit intimidating for some traders.
After all, you want to focus on improving your strategy. You do not want to spend time trying to configure things. This is where Forex Tester can help. Once you install forex tester, you can get started straight away. Read our beginners guide to using Forex tester here.
Can you use forex tester with MT4 indicators?
Yes, forex tester is designed with the Metatrader trading platform.
Therefore, you can use any existing or new MT4 indicators on the Forex tester platform. This trading simulator software works similar to the MT4 platform.
**The only requirement is that the indicators should be in the .mql format. Indicators with .exe will not work as they are executable files.