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Buy it once, own it forever. Free updates. Usually i don't write reviews, but this EA and the autor deserves it. Awesome job and awesome support by Rui. Super satisfied, just brilliant. Dominican Republic.
Fantastic product, ultimate time saver! I contacted Rui developer several times and got instant and excellent responses at all times. The manual is comprehensive and easy to follow. Given how recent VP's videos are, it's amazing how Rui could develop such a full featured tool in such little time. So what are you waiting for? Rui offers great support and help for this EA as well. Definitely the most thorough EA and backtesting tool on the market. You should always do forward testing before you trade in real time.
While the NNFX Algo tester can help you with the backtest, it is advisable that you know exactly how all your indicators work before testing them with the software manual testing is useful for that. Optimizations allow you to carry out various tests automatically and thus more easily discover the configurations that produce the best results, however over-optimizing a system is counter productive, to avoid this problem the optimizations must be limited and the combinations to be tested must be studied in advance.
Learn more about how to prevent over-optimization and Curve Fitting. Understand that Backtest is an important part of creating your algorithm but it is not the only one. Download Demo. Visual Mode Would you like to be able to see what the software is doing? Included Indicators You can use the indicators already included in the software to create your algorithm or use your own indicators using the Custom Indicator options.
Test your own indicators You can test your own indicators using the Custom Indicator options. Optimizations You can optimize entries rules, strategy rules or the indicators inputs including levels or MAs. Pivot Points Analyzer. Download Pivot Points Analyzer. Forex Data Recorder. Download Forex Data Recorder. Forex Data Manager. Download Forex Data Manager. Premium Forex Software.
This means the software simulates running a Forex trading strategy against historical market data. In addition, it must have means to input market data into it and output the test results. Not only is it free, but it is also part of a Forex Trading System that is extremely popular among retail clients.
This tool uses a simplified C-like programming language environment to develop and run strategies. A comprehensive review of available Forex strategy testing software is done by Ernest P. The author also advises which tool is the best depending on your programming skills and trading experience. If you are proficient in programming, you can even develop your own tool.
You may ask — why would anyone need to develop testing software herself? Even having the skills, why waste time? Good question. We started our testing with free Metatrader Strategy Tester. It is a convenient and user-friendly tool. However, we soon found that it has number of limitations. So we had to stop using it and spend time for our own development.
One of the drivers for developing proprietary software was the need for flexibility in making changes in trading strategies. With this approach, strategy changes are done with significantly less coding. Now the Smart Forex Tester is released to the public.
Books on Forex. Do you offer any software to test an outside EA? Is your program a self standing program? I just stopped testing another program because it was just that. Looking forward to your reply. Sincerely Isaac Thaler We do provide EA compatibility on source code level, but we are not going to develop a full-fledged EA tester. While it is fully possible, the main reason not to do that is possible licensing issues: MQL is a proprietary language owned by MetaQuotes.
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