The Forex Tester

Your Choice ~ Version 2 or Version 3

Our price to you is now on SUPER SALE until NEW YEAR’S DAY 2018! Now just $195 for FT3

  • The Forex Tester is a free-standing PC application that gives you an exact simulation of your trading setup using actual historical forex price action. It is not a broker and it does not show current prices, but you can press the play button and see candles or bars forming with price changes as though you were watching real-time action on your own broker.
  • The program looks and works very much like a standard MT4, so the learning curve is simple and it is easy to use.
  • You'll see your indicators look just like they do as they are forming on the far right edge of your broker's chart, so your decisions will be as valid as they are during live trading.
  • Quickly train your eye to recognize your patterns and setups and learn to identify what is working and what to avoid.

We have created our own complete course in how to use the Forex Tester which is very thorough and comprehensive - AND easy to understand. In the following movie we show you a glimpse into what topics are covered in our Forex Tester training. It is focused on using the version 2 Forex Tester, but covers many core concepts of testing common to both versions.
Watch a demonstration video about the Forex training (3:35)

(If you already own the Forex Tester and want to sign up for the online training course we offer, click here)

Want to try out the Forex Tester before you buy it? Download Trial Version

Looking to upgrade from FT version 2 to Version 3? Upgrade from FT2 to FT3

Want to see a list of the new features of Version 3? Version 3 New Features

  • Historical backdata available for 16 currencies from January 2001 to current time, plus gold and silver.
  • Tick data available from 6 brokers since 2010 - click: Data Plans
  • Ability to watch multiple time frames simultaneously as you test. Have a daily, a one hour and a 15 minute chart open at the same time.
  • Ability to have two or more currencies play out at the same time (see screen shot).
  • Go forward tick by tick or candle by candle.
  • Set up any time frame you want. Want to watch 2 minute charts? No problem.
  • Go back candle by candle (go ahead - have a "do-over" from time to time).
  • Powerful and speedy, not at all sluggish in playback.
  • Develop an intuitive sense of the market flow. See demo movie.
  • Begin testing from exactly the date you specify.
  • Reports number of wins, losses, expectancy, profit factor and so much more.
  • Easier than MT4 to place trades and to set stops and take profits using a visual eye-dropper.
  • Quickly change between watching candles play out tick by tick, minute by minute or any time increment you choose.
  • Each entry and exit you take is clearly labeled - glance back and see them (shot).
  • Varibale spreads in data available from 6 brokers since 2010 - SEE DATA PLANS.
  • Save different strategies and test runs - easily pick up where you left off.
  • Balance and equity charts maintained. Click to see an example.
  • And now... the Smart Tools Pro Calculator automatically reads your Forex Tester equity after each trade you place, so you can quickly and automatically do correct position sizing for your next order.
  • Easily import your Testing statements into the Trade Log Pro for in-depth study.
  • The newest version of the Tester features Range Bar charts now too.

Buy Just The Session Reminder

 

Watch This Movie

(Watch the movie above too). When we use the Forex Tester (which we do a lot!) we want to make sure we test for exactly the time period that we intend to trade in real time – so we had a special indicator coded for us that exactly serves our purposes. We had been using the Time Box indicator we had coded, but found it less satisfactory, because the box starts drawing slightly after the session begins. This new Session Reminder indicator is super precise, and we really love using it.

You set the color, the icon and your choice of position: above, below or to the right of the candle. In the illustration below, we have applied the Session Reminder indicator to our chart 6 times to enable us to easily see where the London Session begins, and when 2 hours into the session have elapsed:

  1. Above the 9:55 candle
  2. Below the 9:55 candle
  3. To the right of the 9:55 candle
  4. Above the 11:55 candle
  5. Below the 11:55 candle
  6. To the right of the 11:55 candle

The indicator works with any time frame. If you use a 5 minute chart, it will be placed on the candle beginning 5 minutes before your designated hour. If you use a half hour time chart, it will be placed on the 30 minute candle before your chosen hour; in other words, it adapts perfectly. The session reminder is not intended for time frames above 4 hours.

Session Reminder

Buy Just The Data Plan!

When you buy the Forex Tester it comes with the free Basic Data Plan, but based on your style of trading you might want to upgrade your data plan to Standard or VIP. Because we so strongly believe in our traders using the Forex Tester, we have been able to make an arrangement for you to subscribe to the premium data plans for a substantial 12% discount.

Basic Data Plan Features

 

  • Candles may appear degraded at shorter time frames (Click to see screen shot)
  • Data is updated once a month on the first.
  • One source only: Forexite
  • 4 digit data only
  • No volume information (volume shows on the chart, but it's all the same amount)
  • Free; included with Forex Tester purchase

Additional Advantages of the Standard Data Plan

 

  • Accurate candles, even at shorter time frames (Click to see screen shot)
  • Data is updated every day, not just once a month. You can even test yesterday's market.
  • Test different brokers' data: Alpari, Forex.com, FXCM, FXDD, FXOpen, Interbank FX, available from April 2010 to yesterday. (Forexite data also available from 2001).
    See details about currencies and brokers.
  • Use 5 digit data
  • Accurate volume information
  • Priced as low as $15 a month

Additional Advantages of the VIP Data Plan

 

  • Accurate candles, even at shorter time frames (See screen shot)
  • Data is updated every day, not just once a month. You can even test yesterday's market.
  • Test different brokers' data: Alpari, Forex.com, FXCM, FXDD, FXOpen, Interbank FX, available from April 2010 to yesterday. (Forexite data also available from 2001).
    See details about currencies and brokers.
  • Use 5 digit data
  • Accurate volume information
  • Use real tick data
  • Use floating spreads for the most realistic simulation experience possible
  • Priced as low as $22 a month

In the following movie, we explain all the options and how to install the plans (9:57)

 

webinar

 
Buy Just The Data Plan!

CLICK HERE TO BUY THE FOREX TESTER AND FOREX SMART TOOLS TOGETHER AND SAVE

Get the best pricing for the Forex Smart Tools and Forex Tester when you buy everything together. Save an additional $25-$40 – beyond even the 12% discount we normally offer on the Forex Tester.

When you buy the Forex Smart Tools Collection, you receive two licenses for the Calculator and two licenses for the Trade Log. The Forex Tester comes with one license for one computer. If you want to have the Forex Tester on two computers, you'll receive additional savings when you buy your second license now in the bundle.

  • Buy 1 Tester license with your Smart Tools Collection and save $25 off the price of buying them separately.
  • Buy 2 Tester licenses with your Smart Tools Collection and save $40 off the price of buying them separately.