Comments on: Forex demos that allow you to go back in time? http://actlightning.com/forexrobot/uncategorized/forex-demos-that-allow-you-to-go-back-in-time Get A Forex Robot That Is Capable Of Doubling Your Money Every Single Month... Tue, 22 May 2012 10:56:56 +0000 http://wordpress.org/?v=2.5.1 By: sburtonhome http://actlightning.com/forexrobot/uncategorized/forex-demos-that-allow-you-to-go-back-in-time#comment-1437 sburtonhome Wed, 07 Jan 2009 16:55:59 +0000 http://actlightning.com/forexrobot/5/forex-demos-that-allow-you-to-go-back-in-time#comment-1437 I have three methods I use to "go back in time" to test a strategy: (I use Metatrader 4 - Which is free) 1) Manual Backtest with signals based on closed candles - This is very rudimentary but works great for those systems that have entry signals based off closed candles. I simply scroll my chart back to the date where I want to start, place the first candle in the set on the far right of my screen so that it is the only candle I can see, and slowly scroll one candle at a time forward as if it were live. 2) Manual Backtest with signals not based off closed candles - When I have a system I want to test that takes signals NOT based on closed candles I use Metatrader's 'strategy tester'. What I do, is I open the strategy tester, place whatever EA is available, the currency pair, and date range that I want to test. I then check the 'visual mode' box. As soon as you click 'start' a new chart will open and candles will begin to form. The chart runs just as if it were trading live. You can speed up, slow down, or pause the chart. This is a very good way to practice as if you were trading live. 3) Finally, You can test your strategies by programming them into auto traders (EAs) and using the 'strategy tester' on Metatrader to test their effectiveness.<br><b>References : </b><br>We are an experienced Forex Account manager http://www.echocurrency.com. Feel free to contact us if you have questions about Forex trading or Forex Account Management. I have three methods I use to "go back in time" to test a strategy:
(I use Metatrader 4 - Which is free)

1) Manual Backtest with signals based on closed candles - This is very rudimentary but works great for those systems that have entry signals based off closed candles. I simply scroll my chart back to the date where I want to start, place the first candle in the set on the far right of my screen so that it is the only candle I can see, and slowly scroll one candle at a time forward as if it were live.

2) Manual Backtest with signals not based off closed candles - When I have a system I want to test that takes signals NOT based on closed candles I use Metatrader's 'strategy tester'. What I do, is I open the strategy tester, place whatever EA is available, the currency pair, and date range that I want to test. I then check the 'visual mode' box. As soon as you click 'start' a new chart will open and candles will begin to form. The chart runs just as if it were trading live. You can speed up, slow down, or pause the chart. This is a very good way to practice as if you were trading live.

3) Finally, You can test your strategies by programming them into auto traders (EAs) and using the 'strategy tester' on Metatrader to test their effectiveness.
References :
We are an experienced Forex Account manager http://www.echocurrency.com. Feel free to contact us if you have questions about Forex trading or Forex Account Management.

]]> By: James K http://actlightning.com/forexrobot/uncategorized/forex-demos-that-allow-you-to-go-back-in-time#comment-1436 James K Wed, 07 Jan 2009 16:43:59 +0000 http://actlightning.com/forexrobot/5/forex-demos-that-allow-you-to-go-back-in-time#comment-1436 If you want to get into trading forex, there's a free ebook you can download at http://www.forexfromscratch.com - just type your name and email, hit the "submit" button and they will email you the step-by-step beginners guide. There's also another free book you can download at http://www.fxsystemscompared.com which shows you exactly how forex systems work. Hope this helps?<br><b>References : </b><br> If you want to get into trading forex, there’s a free ebook you can download at http://www.forexfromscratch.com - just type your name and email, hit the “submit” button and they will email you the step-by-step beginners guide.

There’s also another free book you can download at http://www.fxsystemscompared.com which shows you exactly how forex systems work.

Hope this helps?
References :

]]> By: Ted http://actlightning.com/forexrobot/uncategorized/forex-demos-that-allow-you-to-go-back-in-time#comment-1435 Ted Wed, 07 Jan 2009 16:15:59 +0000 http://actlightning.com/forexrobot/5/forex-demos-that-allow-you-to-go-back-in-time#comment-1435 The only places I know of that allow you to back test are places like tradestation that charge for historical data. I don't know of any free demos.<br><b>References : </b><br> The only places I know of that allow you to back test are places like tradestation that charge for historical data. I don’t know of any free demos.
References :

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