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Practice Simulator w VirtualRepetitiveTraining MT4

"Practice Simulator" is a comprehensive tool designed for backtesting and virtual trading. It can be used from beginner practice to advanced backtesting.

Features

Virtual Trading:
  • Conduct virtual trades at any time, including holidays.
  • Practice in a realistic 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.
  • Evaluate your strategies by testing them in various market conditions.
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).
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 (option, Synchronize with other charts)


Startup Guide

  • Open the Strategy Tester and select "PracticeSimulator" from the Experts tab.
  • Choose your symbol, period, spread, and ensure "Visual mode" is checked with the slider set to 32, and "Optimization" is unchecked.
  • Configure the Practice Simulator parameters as needed.
  • Specify the testing period, ensuring you have the necessary historical data.
  • Press the "Start" button to begin virtual trading.

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


Parameters and Settings

  • MagicNumber: Used for online trade; set to 0 for all MagicNumbers.
  • 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.
  • SL Strategy: Specify the action for the SL line.
  • SL Partial Close Rate: Close rate (Held Lot %).
  • SL Type of TrailingStops: Select the type of trailing stop.
  • TP Strategy: Specify the action for the TP line.
  • TP Partial Close Rate: TP Close rate (Held Lot %).
  • TP Type of TrailingStops: Select the type of trailing stop.
  • Entry Assist: Specify the strength of the automatic assist at entry.
  • Use ASK Line: If true, use the ASK line as usual; if false, simulate the ASK line to the BID line.
  • Show Trade History: Display past trade history on the chart.
For more details on visual settings such as color, size, and text display options, please refer to our support page.


Support Page

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

How to synchronise with other charts
https://www.mql5.com/en/blogs/post/753894


Important Notes

  • Many functions can also be tried out in the free demo version.
  • Historical data is required for virtual trading. If you don't have it, please let me 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.
  • Purchasing the full version enables live trading capabilities.
For any questions or additional information, please feel free to contact us.

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An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and cli
Summer 40% discount ($149 -> $88) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extend
Mentfx Mmanage
Anton Jere Calmes
5 (16)
The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
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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
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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
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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
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ArwByIdx MT5
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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
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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
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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
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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
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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
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TradeSnap
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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
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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.
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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
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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"
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
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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