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Forex Tester 2 Review
by
DivisaFX
For anyone looking for a way to simulate live Forex trading using historical data, or test and optimize any automatic Forex trading system for real and accurate results, I highly recommend Forex Tester 2.
Have you ever wondered why some Forex traders learn and improve themselves far quicker than you do? Maybe you\’ve been demo trading for months or even years, while you observe people coming into the game later than you starting on their live account trading within weeks and winning. It could be that they\’re the lucky few that are naturally talented in the art of Forex trading… but it\’s far more likely that they\’ve been practicing on Forex Tester 2 and getting years of live trading experience under their belts in a matter of weeks with a broker like PFGBest.
That\’s the power of the Forex Tester 2 software – it allows you to simulate years of historical trading data as if you were trading it live and on the spot! That means that you can reap the benefits of \”repetition, practice and reinforcement\” and start your real live money Forex trading career as a seasoned veteran ready to go toe to toe with the big boys.
How The Forex Tester 2 Live Trading Simulator Works
As a beginner in the Forex markets, your biggest disadvantage is that you don\’t know what works, and what doesn\’t. The market can be very deceptive in this regard, because many times your eyes can play tricks on you by \”seeing\” patterns that aren\’t really there, or missing critical signs that a trade is about to go south. So if you\’re trying to come up with a working Forex trading strategy through live demo trading or going through the last few months of historical data, that\’s not nearly as good as being able to simulate 10 years of historical price data in a live trading format. And that\’s exactly what Forex Tester 2 will allow you to do.
With Forex Tester 2, you\’ll be able to test any trading strategy you can possibly think of and see how it performed in historical trading. It comes complete with every major trading indicator, including Moving Averages, Bollinger Bands, MACDs, Pivot Points, Parabolic-SAR, RSI, Stochastic, Keltner Channels, Heiken Ashi candles, and many more. You can also test 18 major currencies with abroker like
PFGBest
, including the ever popular gold and silver markets that have been going crazy recently.
Forex Tester 2 allows you to literally trade the markets as you would see them live in real time. That means that you won\’t know what happens next, removing any hindsight bias that would affect your trading decisions. The simulator also allows you to slow down or speed up time, so that you can \”live through\” weeks or even months of trading in a matter of days. It\’s a tremendous learning tool that blows the socks off demo trading, because you get to control time instead of being controlled by it. You get to simulate trading after work, during weekends and anytime that is convenient for you really.
Using Forex Tester 2 To Test The Viability Of Any Trading Strategy
The biggest advantage of Forex Tester 2 is that it will allow you to analyze any trading strategy and optimize it for the best possible performance a lot faster than you could with a demo account with a broker like
PFGBest
. For example, if you were trading a strategy on demo, you might realize that there is a potential improvement to your strategy after a couple of months of trading the original. You\’ll likely need another few months to confirm that your new parameters are superior, and even then you\’ll never be 100% sure that it is because you\’re not comparing them based on the exact same time period. By using the historical simulator, you get to compare like for like and determine what the better parameter is within hours, not months.
Not only do you get to use the Forex Tester 2 simulator to optimize any manual trading strategy you have, you can also use it to test and optimize any automatic Forex trading system as well. That\’s because FT2 comes with a full set of tools for back testing systems, and giving you not only the performance statistics of your system in the historical testing period, but an accurate measure of whether your system is robust enough to replicate those results in the future.
All in all, whether you\’re a fresh new trader, an experienced veteran looking to hone your skills or a passive trader utilizing automatic systems, Forex Tester 2 can and will give you an unfair advantage over any other trader out there. So why use \”stone age\” tools for your trading when you have the best cutting edge software at your disposal? Try it out for yourself with a free demo of Forex Tester 2 to see if it is everything you need to take your trading to the next level today!
Divisa Capital
LP (\”DCFX\”) is an investment house incorporated in New Zealand under the Companies Act 1993 and registered with both the Financial Services Providers Register(FSPR) and Financial Services Complaints LTD (FSCL).
Article Source:
ArticleRich.com