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Forex Trading Simulator Important Feature Tags DefinitionAnalyze Trading Statistics: Analyze all your profitable and losing trades, income, draw downs, average profit/loss, max drawdown, max profit/loss trade, the quantity of profit/loss trades in a row and many others stats that will be useful for your analysis.
Control the Speed of Testing: You can for instance set the speed to real time or speed up testing and pass a few years of data in a minute.
Custom Code: Allows you to extend it using custom technical indicators and addons written in C#.
Different Chart Types: Allows you to train your skills on Japanese candle sticks, bars, range bars, lines, and custom charts like Heiken Ashi.
Forex Robot: Through the unique trading algorithm that created by the users or developer team, it can help users do automatic transactions. This product is a very good tool for learning and reference, but please note that do not rely entirely on such products for the real transactions.
Graphic Tools: You can use trend, horizontal, vertical and poly lines; all Fibonacci instruments such as retracements, extensions, fans, arcs and time zones.
Historical Data: Provide accurate data of the last 15 years.
Multiple Testing: Test your strategy on several currencies and time frames at the same time or test several strategies at the same time.
Strategy Collections: A collection of strategies allows you easily review tens of strategies at a time, sort and filter them by criteria you find relevant.
Test Automatic / Combined Strategies: Test Automatic or Combined (Manual + Automatic) Strategies.
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At present, many trading platforms (Forex Broker) also provide FREE simulated trading, but with very little functions, and no meaning. The free simulated tool merely attracts you to join their foreign exchange trading platform. Actually, we strongly recommend you do not use this kind of free products for foreign exchange trading practice, for it usually only disrupts your ideas, and cause you making the wrong decision in the real trading.
