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Forex Tester - Professional Forex Training Software for Traders
Wednesday, December 19, 2007
Forex Tester is a professional software simulator of the Foreign Exchange Market. It allows you to gain and improve trading skills without risking your money. You do not need to train in real time, waiting for days and weeks to test your trading ideas and strategies, Forex Tester will pack this time in hours and minutes.

This is an excellent forex training tool that will help you to:

  • Study trading on the FOREX market in a fast and convenient way.
  • Develop and test your own trading strategies without being a programmer.
  • Test your trading strategies on years of historical data.
  • Save your money and time.

The program has extended drawing tools that allow you to test trading strategies based on technical analysis. It provides some of the most popular technical studies such as: Fibonacci Retracement, Fibonacci Fan, Fibonacci Arcs, Andrews' Pitchfork and others.

Also, we added some of the most popular indicators and oscillators to Forex Tester and continue to increase their number.

For the advanced users and programmers we designed open interfaces with detalied documentation to help you create your own indicators and strategies. Thus, if you have your own ideas, you can implement them using Forex Tester API and significantly expand the program functionality.

ForexTester has an open interface to create and add your own custom indicators. Although this feature is suitable to advanced users knowing programming languages, many peoples will find it useful. If someone creates indicator, others can add it to their programs. But for developing robust forex trading strategy or even forex trading system you may need only basic technical studies.

Just at this time there are more than 30 popular indicators included in the program (see also Drawing Tools):

  • AC (Accelerator Oscillator, B.Williams)
  • AMA (Adaptive Moving Average)
  • ADX (Average Directional Movement Index)
  • Alligator (B.Williams)
  • ATR (Average True Range)
  • Awesome Oscillator (B. Williams)
  • Bears Power
  • Bollinger Bands
  • Bulls Power
  • CCI (Commodity Channel Index)
  • Envelopes
  • FATL
  • Fractals (B. Williams)
  • FTLM-STLM
  • Ichimoku Kinko Hyo
  • Keltner Channel (original)
  • Linear Regression Channel
  • MACD (Moving Average Convergence Divergence)
  • MA Crossover Signals
  • Momentum
  • Moving Average (Simple, Exponential, Weighted, Smoothed) with shift option
  • OBV (On Balance Volume)
  • PCCI
  • PFE (Polarized Fractal Efficiency)
  • Pivot Points
  • Price Channel
  • Price Daily Range
  • Range Expansion Index
  • ROC (Rate of Change)
  • RSI (Relative Strength Index)
  • Stochastic Oscillator
  • Ultimate Oscillator
  • W%R (Williams' Percent Range)
System Requirements:

OS - Windows 2000, Windows 2003, Windows XP.

Processor - min. 600 MHz Pentium III (or compatible); recommended - 1500 MHz and higher.

Memory - min. 128 MB RAM, recommended - 512 MB RAM and higher.

Disk space: 1-5 GBytes available, depending on the history data volume you would like to work with.
(note, that program itself requires only 5 MB to be installed).

SOURCE: Forex Tester

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posted by Storm @ 12/19/2007 06:34:00 AM  
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