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Practice Simulator w VirtualRepetitiveTraining MT4

"Practice Simulator" is a comprehensive tool designed to enhance both backtesting and simulated trading experiences, as well as to support live trading in real market conditions. This versatile tool caters to traders at all levels, from beginners needing a practical learning environment to advanced users who require rigorous testing of their strategies. With Practice Simulator, you can practice and refine your strategies in a realistic and controlled environment, and then apply those strategies directly to live trading.

Whether you are interested in scalping, day trading, or swing trading, Practice Simulator provides the necessary tools to practice and evaluate your trading methods. You can conduct simulated trades at any time, including during market holidays, allowing you to practice whenever it is convenient. Additionally, once your strategies are refined, you can seamlessly transition to live trading with confidence, knowing that the same tool supports both environments.

Features

Simulated Trading:

  • Conduct simulated trades at any time, including holidays.
  • Practice in a simulated trading environment similar to live trading.
  • Synchronize with other charts using different timeframes or symbols for comprehensive analysis.

Backtesting:

  • Test your trading strategies on historical data.
  • Ability to go back in time and retest the same period multiple times.
  • Supports semi-automated trading and manual trading strategies.

Live Trading:

  • Seamlessly transition from simulated trading to live trading using the same familiar interface and tools.
  • Real-time trading with dynamic control over TP, SL, and other risk management features.
  • Perfect for applying refined strategies in real market conditions with confidence.

User-Friendly Interface:

  • Simple-click entry, bulk closing, and drag-and-drop TP/SL functionality.
  • Customizable chart options, including adding indicators and changing templates.
  • Speed control options including adjusting playback speed, pausing, and advancing one bar or tick at a time.

Flexible Trading Management:

  • Dynamic control of TP (Take Profit) and SL (Stop Loss) lines.
  • Automatic quantity calculation by risk percentage for consistent risk management.
  • Various trailing stop options including Fixed, Shrink, Average, Moving Average (MA), Bollinger Bands (BB), and Stop & Reverse Points (SAR).
  • Functions as a Trade Manager and Trade Pad for efficient order management.

Restart & TimeLoop:

  • Restart function to resume from specific points.
  • REDO option for repeating previous trading actions.
  • Maintain data consistency for reliable strategy testing.

Advanced Features:

  • Strategic Close: Multiple actions triggered when TP/SL lines are touched, including closing all positions, enabling trailing stops, resetting lines, and partial closes with trailing stops or line resets.
  • Practice Simulator Sync (optional, synchronize with other charts)

Startup Guide

  1. Open the Strategy Tester and select "PracticeSimulator" from the Experts tab.
  2. Choose your symbol, period, and spread. Ensure "Visual mode" is checked with the slider set to 32, and "Optimization" is unchecked.
  3. Press the "Start" button to begin simulated trading.

For a detailed step-by-step startup guide, please visit the support page.

Parameters and Settings
  • Initial Lot Size and Increment: Defines the initial lot size and its increment.
  • Point Scaling Factor: The "auto" setting scales points by pips.
  • TakeProfit w/Scaling: TP, including the point scaling factor.
  • StopLoss w/Scaling: SL, including the point scaling factor.
  • TrailingStop w/Scaling: SL, including the point scaling factor.
  • TP/SL Strategy: Specify the action for the TP/SL line.
  • TP/SL Partial Close Rate: TP/SL close rate (Held Lot %).
  • TP/SL Type of TrailingStops: Select the type of trailing stop.

For more details on visual settings such as color, size, and text display options, please refer to our support page.

Detailed documents: https://www.mql5.com/en/blogs/post/758340

Important Notes

  • Many functions can also be tried out in the free demo version.
  • Historical data is required for simulated trading. If you don't have it, please let us know.
  • Backtesting results may not always reflect actual market conditions.
  • Performance may be slower on lower specification PCs.
  • Trading involves risks, and any trading decisions you make are your own responsibility.

For any questions or additional information, please feel free to contact us.

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ABHedgeMT4
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Version MT4:    https://www.mql5.com/zh/market/product/109262              Version MT5:        https://www.mql5.com/zh/market/product/109258               Instructions for use:    https://www.mql5.com/zh/blogs/post/755183 EA Overview: This EA utilizes two brokers, A and B, for hedging transactions. When the ASK of broker A is smaller than that of broker B, broker A buys while broker B sells, and then observes the profits and losses of both accounts. When the total profit reache
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This tool adds an original time scale with a specified or automatically calculated time difference to the bottom of the chart. By using this handy tool, you can improve the readability of the chart and reduce mental stress by displaying it in a time format familiar to you or your country. Even if you don't need to calculate time differences, simply replacing the default time scale with Local_Time can improve the chart's readability. Local_Time supports various time formats such as "DD.M
FREE
ArwByIdx MT5
Sajiro- Yoshizaki
This product receives information from indicators/signal tools and displays arrows or notifications when specific conditions are met. For example, arrows and notifications are shown when MA25 and MA50 cross, when SAR reverses, when MACD changes its plus/minus, or when the closing price crosses the Bollinger Bands. Please refer to the sample settings image for specific configurations. For detailed manuals and configuration files: https://www.mql5.com/en/blogs/post/755082 A free version
FREE
This tool adds an original time scale with a specified or automatically calculated time difference to the bottom of the chart. By using this handy tool, you can improve the readability of the chart and reduce mental stress by displaying it in a time format familiar to you or your country. Even if you don't need to calculate time differences, simply replacing the default time scale with Local_Time can improve the chart's readability. Local_Time supports various time formats such as "DD.M
FREE
ClickDrag draws lines and moves objects on the chart easily. Click and then Drag to start drawing a trend line. Moving the mouse horizontally draws a price line. Moving the mouse vertically draws a date line. Existing lines and objects can be moved by Click&Drag. Displays the price and time difference between the start point to end point. After start Click&Drag, Shake left and right to change the color. Shake up and down to delete. - What is Click & Drag ? 1. press the left mouse button
FREE
ClickDrag draws lines and moves objects on the chart easily. Click and then Drag to start drawing a trend line. Moving the mouse horizontally draws a price line. Moving the mouse vertically draws a date line. Existing lines and objects can be moved by Click&Drag. Displays the price and time difference between the start point to end point. After start Click&Drag, Shake left and right to change the color. Shake up and down to delete. - What is Click & Drag ? 1. press the left mouse button
FREE
Practice Simulator Sync
Sajiro- Yoshizaki
4 (1)
This module synchronizes with the Practice Simulator to display chart time and position information, not only for the same currency pair, but also display synchronized charts for various timeframes and different currency pairs. Note: This module does not work by itself. "Practice Simulator" is required. Practice Simulator https://www.mql5.com/en/market/product/98348 Two synchronisation modes are available. Simple synchronisation mode: You can easily create a synchronised chart by ope
FREE
ArwByIdx MT4
Sajiro- Yoshizaki
This product receives information from indicators/signal tools and displays arrows or notifications when specific conditions are met. For example, arrows and notifications are shown when MA25 and MA50 cross, when SAR reverses, when MACD changes its plus/minus, or when the closing price crosses the Bollinger Bands. Please refer to the sample settings image for specific configurations. For detailed manuals and configuration files: https://www.mql5.com/en/blogs/post/755082 A free version
FREE
TradeSnap
Sajiro- Yoshizaki
TradeSnap automatically captures and saves the screen when a BUY/SELL order is executed. Simply set it on the chart and it will be saved automatically without any extra work. Lines, arrows, etc. on the chart are also saved as they are in the image. The image size that can be 10000x10000 pixels, so you can save a horizontal image that shows the price movement history. Press the "s" key to save the current chart. Parameter info --Event Parameter-- Magic number (0=ALL):  Set Mugic
FREE
It works fine in the strategy tester. Try it out with the FREE DEMO.(build 1353 ) How to run the FREE DEMO => https://www.mql5.com/en/blogs/post/749299 Msg2Discord posts free text and captures from a text box to Discord. If you write lines, marks or comments on the graph, the image will be sent. A very useful and simple tool. - Sending Free Messages 1. enter free text in the EDIT box. 2. Press the SEND button. - Sending a free message + image capture 1. enter text in the EDIT
FREE
SpeedManager
Sajiro- Yoshizaki
This is a playback speed management tool that enables efficient testing and analysis in the Strategy Tester. It enhances the usability of the Strategy Tester and can be used as a means to streamline the development and evaluation of trading strategies. Features of the tool: Playback speed control: Users can freely change the playback speed in the Strategy Tester, allowing them to fast forward, speed up and pause at any point. One bar, one tick forward: The 'Next Bar' button allows users to adv
FREE
PL Graph Visualizer is a utility that displays real-time graphs of your account's profit and loss. The graph can be viewed separately by currency pair or by magic number, allowing you to see the changes in profit and loss of each position at a glance. This tool can be used in conjunction with the integrated close tool, which can be found here, to further enhance its functionality. https://www.mql5.com/en/market/product/116884 The real-time graphs show not only the total profit and loss of t
FREE
Msg2Line sends free text and captures from a text box to "LINE Messenger". If you write lines, marks or comments on the graph, the image will be sent. You can address it to yourself or to a group. A very useful and simple tool. - Sending Free Messages 1. enter free text in the EDIT box. 2. Press the SEND button. - Sending a free message + image capture 1. enter text in the EDIT box. 2. 2. press the w/img button. - Sending a Captured Image 1. simply press the w/IMG button.
FREE
Msg2Slack is the tool that sends messages from MT4/MT5 text boxes to Slack. With just one click on the button located on the right side of the text box, you can easily send text and chart images to your Slack channel. Even if you draw lines, marks, comments, and more on the chart, the image will be posted. Whether you want to send messages to yourself or a group, this simple yet powerful tool makes it incredibly easy to capture chart images and send messages on the fly. The Msg2Slack tool
FREE
Msg2Slack is the tool that sends messages from MT4/MT5 text boxes to Slack. With just one click on the button located on the right side of the text box, you can easily send text and chart images to your Slack channel. Even if you draw lines, marks, comments, and more on the chart, the image will be posted. Whether you want to send messages to yourself or a group, this simple yet powerful tool makes it incredibly easy to capture chart images and send messages on the fly. The Msg2Slack tool
FREE
TradeSnap automatically captures and saves the screen when a BUY/SELL order is executed. Simply set it on the chart and it will be saved automatically without any extra work. Lines, arrows, etc. on the chart are also saved as they are in the image. The image size that can be 10000x10000 pixels, so you can save a horizontal image that shows the price movement history. Press the "s" key to save the current chart. Parameter info --Event Parameter-- Magic number (0=ALL):  Set Mugic
FREE
This tool does not work with the Strategy Tester. Test version: https://www.mql5.com/en/blogs/post/753244 This tool allows you to visualize account performance by showing key metrics based on your account balance. You can select the lines, drag and drop them to instantly see key metrics at different price points. If you ever want to return to the original position after moving the lines, simply double-click, and they will snap back to their original parameters. This tool can notify you
The "Binary Lab Simulator" is a tool designed for practicing and verifying trading strategies. This tool operates 24/7, including weekends and non-trading hours, and supports various expiration periods such as 30 seconds, 1 minute, and 3 minutes, creating an environment similar to real trading. It is compatible with external tools for analyzing entry results. Multiple templates can be saved easily, allowing for seamless testing from the online environment to the simulator. "Binary Lab Simulator"
This tool does not work with the Strategy Tester. Test version: https://www.mql5.com/en/blogs/post/753244 This tool allows you to visualize account performance by showing key metrics based on your account balance. You can select the lines, drag and drop them to instantly see key metrics at different price points. If you ever want to return to the original position after moving the lines, simply double-click, and they will snap back to their original parameters. This tool can notify you
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Version 2.61 2024.07.13
Major Update : version 2.0.0

New features include:
Restart & TimeLoop: Resume from specific points.
Risk % Calculation: Automatic quantity calculation.
Strategic Close: Enhanced TP/SL actions.
Pending Order Entry: Set buy/sell limit orders.
Trailing Stop Enhancements: New trailing stop options.
Version 1.111 2023.05.17
update speed management.
sync module ready
Version 1.109 2023.05.14
changed font scale
some bug fixes