This is usually not so important to an Expert Advisor that uses stop loss and take profit targets of more than pips, but in the case of scalping trading bots, your backtest will likely be completely misleading. It is very important to backtest trading strategies EA using data of quality that is as high as possible. Every trader and programmer should learn how to backtest on MetaTrader 4.

In other words, a more accurate backtest shows what you can expect from the EA, because it is closer to the real trading environment. Basically, such trading simulation shows a more accurate picture of the past performance and especially if the EA is sensitive to different price quotes and trading costs like spread and slippage. It is much easier to judge past performance looking at the most accurate test report. It's obviously you'll need to have MT4 platform installed on your computer in order to run any kind of backtest using MT4 Strategy Tester.

MT4 alone can only use fixed spread which gives inaccurate results. MetaTrader 4 trading platform is free of charge and available at mostly any Forex broker. The software is quite easy to install and easy to use. It also allows simulation of slippage and running multiple MT4 instances at the same time from the same installation so you can run multiple backtests simultaneously. With Tick Data Suite 2 you have all backtesting tools in one place.

Tick data downloaded by Tick Data Manager is compressed using special algorithm so it takes less disk space. Tick Data Suite 2 integrates directly into each and every MT4 terminal on your computer. Install once and simply access TDS2 from MT4 Strategy Tester.

TDS2 allows you to run multiple MT4 terminals simultaneously from the same installation folder. This means you can run multiple EA backtests and even EA optimizations at the same time. Easily switch between time zones and DST settings without the need to re-download and re-convert the data.

It is easy as selecting other time zone settings from the list. You can create custom backtest environments to match the settings of any broker or any trading account. You can test how EA behaves with different leverage, minimum price distances, swaps, commissions, etc. TDS2 is the only software which allows to use variable Spread during the backtest and even customize it. This shows you how EA works in the trading environment close to real market conditions.

TDS2 has an option to simulate the slippage during the backtest. Slippage can be applies on entry, exit, SL and TP. This shows how your EA backtest results look like when price slips, which happens quite often in real life. Download and install Tick Data Suite 2 software. TDS 2 is a paid software. There's a free trial available if you want to test it before you buy. Any other computer applications for backtesting on MT4 does not have an option to use real historical spread. Once downloaded, start Tick Data Suite 2 auto-installer and follow on-screen instructions.

Additional programs are required to run Tick Data Suite 2 application. In the " Prerequisites " step you will be asked to install them and you should do that, otherwise, TDS2 will not work. NET Framework 4. Once the additional programs are installed and you continue with the TDS2 setup, you will be asked to enter your License Key.

Tick Data Suite 2 installation will create a shortcut to the Tick Data Manager on computer's desktop. Using the Tick Data Manager application, which comes with the Tick Data Suite 2, you need to download tick data from Dukascopy or other available source.

This is the historical price data you can use for backtesting. Tick Data Manager allows you to download history price tick data of any currency pair or instrument available at Dukascopy or TrueFX. As you can see there's an option to choose how much tick data you want to download by clicking buttons: Last Year, Last 6 Months, New Data, All Data or Year To Date. Tick Data Manager has a "Task queue" window and this is where you will see all the download tasks appear when you start them.

You can have many download tasks scheduled in the Task queue. This allows you to download tick data for many pairs by leaving your computer on when leaving for work, etc.

In the image above you can see there are three currency pairs EURUSD, GBPUSD, USDCAD that have tick data downloaded. This is easy to see when you look at the " Downloaded days " column which shows how many days of history price data is actually downloaded for each instrument. For example " Start date " shows from which date history price data is available for each instrument at selected source Dukascopy in this case.

I am writing this guide on 17th October and in this example I have all tick data for EURUSD from May 4th until October 16th yesterday. Download MetaTrader 4 for PC, install it and create a demo account. If you already have an MT4 client terminal installed you can jump to the next step. Once downloaded, start the MT4 installation setup file, which is usually named mt4setup. If you download MT4 from your broker, the file name might be different, but the installation process is usually the same.

Once you agree with the terms and conditions you can click NEXT to proceed to the next step and complete the installation. If you want to install your MT4 client terminal to some specific folder then you need to click the SETTINGS button and choose custom installation destination folder this is not required. After you install MT4 terminal you will find a new shortcut created on your desktop. Start it now. First, you need to select a demo server of your broker or simply add " MetaQuotes-Demo " server to the list by clicking the " add new broker Once the server appears on the list, select it and click NEXT.

Then, select " New demo account " and click NEXT again. Follow on-screen instructions to finish opening a new demo account. If you have an account already just click CANCEL and log into your account. After login window appears enter your MT4 account number login and password to log into your MetaTrader 4 account. MT4 accounts has two passwords main and investor and they both will work for running backtests. Having real historical spread in your backtesting process makes your strategy test more precise.

Backtesting of automated trading strategies Expert Advisors is done in the MT4 Strategy Tester window. Before you run backtest Forex trading strategies EA you should check if Tick Data Suite 2 is loaded with your MT4 platform. If TDS2 is loaded you will see a button " Tick data settings " and a checkbox " Use tick data " in the MT4 Strategy Tester. You might need to resize your MT4 window to make it wide enough for those options to appear.

Also, if TDS2 is loaded, then you should see additional menu options in the About menu section of the MT4 terminal.

MT4 Strategy Tester is set to use Tick Data and variable Spread during backtest. To configure Tick Data Suite 2 and choose how you want backtest to be performed you need to open TDS2 settings window by clicking the " Tick data settings " button. In this example I enable variable Spread and click OK.

You can see " Variable " is set the Spread value in the MT4 Strategy Tester. Choose which Expert Advisor you want to test and click " Expert Properties " to set your desired parameters.

Most of the Expert Advisors have at least few parameters you can set. In the " Inputs " tab you can set them the way you want for this particular test. Calculate a secure lot size in a moment for market and pending orders! No need to struggle setting the lot size. Now, the program calculates the optimal lot size for you, taking into account the percentage of the equity you are willing to risk and Stop Loss.

Testing New. One more helpful tool is Forex Speed Up. It opens a simplified panel so that you can open orders in one click. Lot is calculated automatically. This is a truly convenient tool if you want to gain tons of experience in the shortest time. Calls up the Settings window. The Settings window has 2 tabs: General and Aliases. On the Aliases tab, you can find the list of symbols with their short names called aliases.

allows adding a new order shortcut to the window. The settings on this window are divided into 2 groups: for single orders and groups of orders. On the Group tab, you can add a group of orders and define the parameters for them so you will be able to open several orders at the same time.

Allows you to switch between showing Bid and Ask prices by clicking the corresponding buttons. Requires the SL value filled.

The lower shortcut is for the order with a fixed lot contract value. You can drag the Forex SpeedUp window to any location of your screen. Grab the window at any point except buttons and text boxes and carry it to the desired place. Real freedom comes with the full version. Test your strategy on as much as 20 years of historical data, go to any point of time, control the speed, save your project to return to it later, and much more possibilities await you.

Set up commissions, spreads, and swaps for each symbol. Set up symbol properties to recreate any market situation. The number of digits after the point. For example, 1. A minimal distance to the current price in points where you can place pending orders. It defines two options:. The ratio between the Lot size and Margin for 1 lot. The margin that will be calculated for hedged positions for 1 lot.

You need to disable the Use leverage info option if you want to enter the margin values manually. Please note that when you close the position partially, the commission will also be calculated for the part of the position you want to close. Strategies New. Boost your trading skills with advanced AI built into the software.

Now advanced AI is at your service to find the most suitable parameters for your trading. The free version of Forex Tester allows using Strategy Optimizer on 1 month of data, while the full version opens as much as 20 years for the AI to work on.

Risk identification New. Get detailed trading statistics during and after backtesting trading strategies. Testing your strategy is effective when you can see the results.

That being said, after the test is done, detailed statistics show up for you to get all the clues on how your strategy behaved. See how many trades were made in the chosen period, how many of them were profitable, how many were not, what was the monthly profit, what was the highest profit from a single trade, what was the highest loss, and much more.

This will allow you to feel how successful your trading would be if you traded in the real market with your strategy. You can adjust any parameters and try again as much as you want. Forex education New! Forex Tester presents a brand new feature of built-in Forex courses! Written by experienced pro traders, these courses provide light-hearted presentation of knowledge, understandable for a trader with any skill level.

The whole course is absolutely interactive, meaning no boring tons of text, but trying all the fundamentals yourself. Your memory will save this wisdom when your muscles cooperate with your mind.

The free version provides only the introductory course, while the full version includes the intermediate and advanced courses! Control the direction of your testing. Go back in time checking how your strategy would behave under the real conditions which were taking place on the market or move forward simulating the real market environment with all the outcomes — the freedom is yours!

The free demo allows you to test your strategy back and forth, but using 1 month of data, whether the full version opens the free-roaming throughout 20 years of history! See the fundamental analysis for 9 currencies to base your trading decisions on, save your projects for later use, build your strategy with no programming skills thanks to the Easy Forex Builder tool — this and many more features are at your service in the full version.

Indicators serve to predict price fluctuations making tons of thorough calculations. With a good indicator, you get a trustworthy clue when to enter and exit a deal. Adaptive Moving Average 2, Ichimoku, ZigZag, Pivot Points are just a few of them. Choose from the wide list of trend indicators, custom indicators, oscillators, graphical tools and other to find the best method for you.

The Graphic Panel is floating and can be moved freely to any place of your screen. Panel can be displayed horizontally and vertically, as well as you can close it anytime by clicking the X button. Create an unlimited number of EAs on your own. No programming is required. Expert Advisor is a software that opens and closes deals under certain rules. We included custom EAs so that this experience will be open for you.

Learn how to get the most out of the Forex news release and when to avoid entering the market. Many traders heavily rely on the financial news, and this is not in vain. The power of an asset is affected by what is going on in the world or a specific country. The Fundamental analysis tool is designed for that matter! View the news worldwide or zoomed to a certain region. Train to utilize every piece of information to squeeze the most out of it. Only the USD-related news is available in the free version.

The full version of Forex Tester conducts fundamental analysis for 9 currencies. Available for each and every Forex Tester user.

You can freely download 20 years of historic data for 18 symbols directly from our server. In 1-minute data, a new bar emerges every minute, while in tick data, a new bar appears after a particular number of transactions.

The service which analyzes the worldwide or region-specific news that you can base your trading decisions on. News for: AUD, CAD, CHF, CNY, EUR, GBP, JPY, NZD, USD. Every trader should have a choice of which trading instrument to choose. No one should be limited only to the most common currencies. There are many traders who want to trade majors and the most popular crosses. But there are also plenty of people who want to trade the currencies of their countries.

Others desire to learn how to trade very rare currency pairs, popular stocks, indexes and commodities. Why go for less when you can get more with some decent payment? Solution: Every dollar you spend on your education will be multiplied afterward. Never refuse to invest in your knowledge and skills!

Forex tick data shows the real non-simplified market conditions. If the price changed 45 times during the current candlestick then you need to see all those changes.

Example: imagine that you are using a short-term strategy or a scalping strategy. You use a free Forex data feed that provides you with just 4 prices on each 1-min candlestick. For long-term strategies this option is sufficient, but what if your trade lasts for less than one minute? Most of the scalpers close their orders in seconds and each tick is incredibly important for the final result. With Forex tick data you will also get that specific feeling as if you are trading online.

This is a crucial factor in your psychological growth as a trader. Solution: buy historical tick data and trade like on a real market. Not only do the price and volumes change on the Forex market, but the spread tends to be different depending on the varying circumstances on the market. Before and especially during big news the spread can become altered significantly.

You might learn the simplified version of Forex, then go to a real market and find out that your version has nothing to deal with reality. Solution: purchase high-qualitative historical financial data and get used to the real conditions from the start. Traders are interested in using the historical financial data of the latest events. You have 2 options: feel bad about it, or download this Forex data feed tomorrow and test how would your strategy perform in those circumstances.

We honestly declare that our free service data from Forexite is of a medium quality. It is a fair limitation for our clients — it distinguishes serious traders from amateurs because serious traders will get the high-quality data.

Some people often complain that they have to purchase the data additionally to Forex Tester. But when you buy a car you do not expect to get a free lifetime gasoline supply. You might get just a bit of gasoline to start with, but afterwards you have to buy more.

We provide free lifetime gasoline data for your strategies. If you want to get the best data then you can purchase it from our site. Solution: getting the paid data provides you with the most comprehending and qualitative tool. Full grid. This algorithm is the simplest and lacks AI methods. Every test run, called iteration, it goes through every single combination of a given set of parameters based on historical data. The more combinations, the more iterations, the more time it takes to get results.

Neural Network is an AI based algorithm. This precision achieved by using a very small dataset, so you can get the result times faster in comparison with a full grid Brute Force test. Algorithm based on AI.

Takes advantage of the most powerful and advanced ML-technique, which allows to perform parallel tree boosting to filter out inappropriate options as early as possible. Risk-free purchase. Return your money within 30 days if you are unsatisfied with the deal.

These 10 strategies are the easiest way to launch your experience. The best support team available via emails, on-site chat in English, Japanese, Spanish, and Russian. Discount on Forex Tester and Historical data up to. The offer will be ended in:. You have 1 hour of uninterrupted testing in the free trial version of Forex Tester and you cannot save projects. The ability to save projects in the full version of Forex Tester lets you resume testing anytime you need and get back to your testing results.

Tick data of high and premium quality. News for 9 currencies high, medium, low priorities. We have added a historical news service for those traders who use fundamental analysis as an additional source of information for their predictions in order to bring the test results as close as possible to reality. You can find news high, medium, and low impact for 9 currencies AUD, CAD, CHF, CNY, EUR, GBP, JPY, NZD, USD in the full version of Forex Tester.

Majors - 7 pairs, medium quality. Bitcoin was released in , other cryptocurrencies have been created later. Crosses - 9 pairs, medium quality. Metals - 2 pairs, medium quality. Try all algorithms of Strategy Optimizer on 1 month.

My overall impression is that it is a great improvement for manual traders due to the inclusion of the news feature. It is certainly improving my results when backtesting my shorter term systems as it allows insights for entries and exits that no other backtesting software provides. I have been on the trading since 10 years and i find that i learn everyday with the forex tester.

We have to change the mind and train the mind to predict what we see and what is the actual live movement. I am glad i use it to learn new pairs that i want to venture in. Only when i am confortable of what i can understand the pair from the forex tester results do i venture in live trade. It is the absolut basic training for developing a trading strategy. Thank you for the opportunity to join the beta-testing team.

I am a Forex Tester user since the Forex Tester 2. The new version is very powerful! Excellent job on risk management feature, it really helps a lot! Thank you guys, you are the best! The best way to accelerate learning how to trade profitably, without losing money during the learning process. ForexTester team did again a very good job with the last and improved version of ForexTester4. I noticed the attention to details and the high variety of new features added, there is no doubt now that a trader can grow to becoming a professional trader without FT4 in their arsenal.

All new features are very useful, one more than another, even starting from the new Icon of the software which I find it very thoughtful from FT team because it creates no confusion among users having multiple versions of FT installed. I would describe this: we all test demo accounts, but they are often made available for a month and we do not have the comfort of constantly and freely shaping our strategies, while Forex Tester allows us to create an environment that reflects the market and test our strategies and ideas freely, it is a perfect parallel supplement to the real account.

My congratulations with the new version! I was all fine with the Forex Tester 2, but after all features announcement, I definitely need an upgrade to Forex Tester 4! Good job! I am a Forex Tester user since and I must say the new Forex Tester 4 is amazing. The Converter tool is my personal top. News at charts are very helpful too, try to use them, guys! I deeply appreciate the risks calculation feature built-in to the orders. Thanks again!

We appreciate your interest in our interactive educational course. Look out for our email. We offer an unconditional day money back guarantee. If you need a refund, please visit this link , fill the Feedback Form and press the "Send request" button, after that our system will process your request and your money will be returned in a few business days. Over 5 terabytes of data for more than symbols are available in a paid subscription. Reviews Blog Affiliates Forex Partnership Programs Affiliates Partners Resellers Affiliates Policy Banners.

ES JP. FOREX TESTER. Education Interactive courses in Forex Tester Video Guides FAQ Download PDF guide. What is historical data? Symbols and currency pairs Data sources Buy data subscription. How to use Brief manual on using Forex Tester Support The most reliable support team working in English, Japanese, Spanish, and Russian Help via TeamViewer Leave a request to get help in real-time Leave Feedback Share your view on how to make the product better Forum Share your experience with the community.

Backtesting Features Screenshots Upgrade to Forex Tester 5. Download Free Desktop Application Test your trading strategies at sonic speed on 20 years of real historical data. Every pilot trader needs a Simulator. Practice forex trading with Forex Tester like pilots train before taking off. Speed of testing Control the speed of testing, from the slowest one to instant rewind to the required time or date. Timeframes Easily switch between time frames without even stopping the action.

Charts Test on multiple charts simultaneously! Previous tool Next tool. Try for free. The Labour Day. Discount up to. Buy Forex Tester 5 Learn about the new version. How does Forex Tester work? Go to any point in high-quality Forex history. Analyze market conditions. Find a trading setup and open a trade. Wind and fast-forward instantly. Analyze detailed statistics of your entire strategy.

Benefits of our FX simulator Control the testing speed Test your trading ideas super-fast or slow. Control the testing speed Test your trading ideas super-fast or slow. Watch video. Open an order and fast-forward to the next day instantly Skip what you want to skip. Free interactive Forex courses Already built-into the program. Multiple charts simultaneously Different currencies and and timeframes on multiple monitors. Turn-key solution Trading simulator, historical data, educational platform, trader trainer.

Backtest anywhere anytime No internet connection needed — that's the freedom. What you get with Forex Tester Forex Tester includes everything for your backtesting. No need to search for any other third-party software elsewhere.

SphereTester is the most complete forex tester and simulator utilising the power of MetaTrader 4. Grapical User Interface, order management, economic calendar, multi timeframe backtesting and other enhanced features ensure a like for like trading experience. It can simulate trading for any instrument, supports all order types and operations, has an easy to use graphical interface and most importantly it is the first forex tester that features an economic calendar.

For a video review in Spanish click here: Review del simulador de forex SphereTester Focus on the news SphereTester is the first forex simulator that has a built-in economic calendar. It can display news events and their actual, forecasted and previous values for any period of time starting from for any major currency or economic event. This unique solutions ensures that you can factor in the different news events and their impact in your trading strategies easier than ever before and gain a better understanding of how these events affect the movements of any currency pair or instrument.

Updated real time and and easily customisable, this is the most appreciated and extensively used feature of the software used by hundreds of traders worldwide. SphereTester is the only forex simulator for MetaTrader 4 that natively supports multi timeframe backtesting! You can generate any timeframe for any instrument and use as many charts in your backtest as you like.

Watch the video to see how easy it is! All instruments change their behaviour and characteristics over time and it is crucial that traders recognise and understand these changes.

SphereTester helps with the development of new trading strategies, testing, analysing and improving the results. Practice at any time it suits you, and become more prepared for live trading in less time. SphereTester can help you to learn the basics of trading, discover patterns and correlations or use it to develop and test trading strategies, improve your entry, exit and risk management rules and analyse how trading around news events affects your performance.

Graphical interfaces throughout the software are designed to ensure that you can concentrate on the execution of your strategy without being distracted with the details but still providing all the tools you need.

The software is updated on a regular basis to utilise the possibilities in the MT4 framework to the maximum and implement new features as suggested by our users.

English 日本語 简体中文 Español. Download Now. Focus on the news SphereTester is the first forex simulator that has a built-in economic calendar. More Features.

Statistics Testing Get detailed trading statistics during and after backtesting trading strategies. Get trade-ready strategies and indicators right away with NO coding skills required! Once downloaded, start the MT4 installation setup file, which is usually named mt4setup. Indicators serve to predict price fluctuations making tons of thorough calculations. Backtesting that is automated entails creating programs that will dynamically join and leave transactions at your behest. Trade gold and silver.

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