Get Forex Experience Faster Using a Trading Simulator - page 6

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yeahh...

If you have problem to stay all day long just to learn forex..

simulator is the best tools that can help you learn faster.. all the real simulation with also included free tutorial...

you know what I mean right.....

Simulator is the best stepping stone!!

 

is there a posibility to simulate 2 charts in the same time? EA on 2 timeframes?

 

Hi there - Although the LFH simulator works it is though just an EA so prevents me from testing my own EA's in a simulated Live environment.

I want to test out my own EA's at the weekends when Metatrader brokers have shut down their demo servers. Would you know if there's an MT4 Broker simulator that pumps out test trading signals so that I can point my MT4 platform at? Many thanks.

 

I am looking for the same as Arbitrader.

And Forex Tester 2 doesn't work with the EA's we have. They have to be re-written specific to Forex Tester 2 environment, don't ask me why, it doesn't make sence to me.

 

let me try!!!! btw, the forex tester 2 is good enough, but it's not free...so bad...

let me try this one!!!

 

Grateful for this sim. Now I just have to figure out how to "fast forward" the real time market when waiting for moves to come! I found some indicator heavy templates will bog it down but thanks so much for making it available!

 

I have just came a cross this one, thanks for your help.

 
quantem:
Here is a great tool to help you get experince faster, by trading on a simulated market. You can enter and exit trades like you would in a real market, so it gives you a more realistic feeling. You can speed it up, and slow it down as well. I have been able to practice trade a month in about 1 hour using this tool. The system runs in MetaTrader 4 When learning to trade, there's no substitute for experience. A trader who has spent many months trading a live market will have a feel for the market that is almost impossible to explain. They will see the pitfalls in some stuations by just recognising similar price action. If you have this experience, you will know exactly what I'm talking about, if you don't have it yet, you wont. A live market is very different from looking back through charts or backtesting. When you backtest, you can see the bars that are coming, and there is no real stress involved. It's easy to see what signals would have worked, and which ones did not. When it comes to trading for real, you can't see what's coming, and that is a very different dynamic indeed. Using this tool, you can trade a few months in only a few hours and then easily print out the results, and see how you well you did. You can also make mistakes and recognise them in a safe situation. Granted it's not as real as using live money but its 10 times more realistic than backtesting. If you treat it as a challenge, it actually creates a pretty realistic view of how well you could potentially do with any system or method. I personally think it's the second best learning aid there is. Number 1 is live trading but that can be expensive!

But isn't the data uncomplete?

Like on the backtesters of the mt4 brokers, the data always is different then the reality.

So if you would develop a system through this tool would it also work live?

 

this is SO AWESOME that i could kiss you if you were here..

thanks again!

 

What is it that is SO AWESOME?

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