In this video, I share a review and demonstration of Forex Tester 5, which I believe to be the best backtesting software for Forex traders.
The BEST Backtesting Software for Trading FOREX | Forex Tester 5 Review
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The BEST Backtesting Software for Trading FOREX
This video shares a review and a demonstration of the backtesting software Forex Tester 5. Forex Tester 5 includes many great features to help develop trading skills & knowledge. There is an education base, a variety of tools for technical analysis as well as access to a trading simulator which uses fake money. I believe Forex Tester 5 to be one of the best backtesting platforms out there, for developing skills as a Forex trader.
Overview; What is backtesting??
Back testing it’s where you can test a trading strategy in the market using a software that generates past data.
It is a way of confirming a strategy without having to risk any real money.
You’re not actually trading the live markets, you’re just going back in time to test to see whether a strategy would have been profitable or not.
There are a lot of different types of software and methods to use when it comes to back testing but I wanted to share with you why I think that forex tester 5is one of the best back testing software that you can use.
I am super excited to share this software with you today because I genuinely believe that it is a fantastic piece of software that can really help to improve your performance as a trader.
In fact if I had access to this platform earlier in my trading journey I really believe that it would have sped up my learning process and allowed me to get profitable and consistent a lot sooner.
In the video I give you a walk through demonstration of how to get started with the program and how to use it.
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I’m Emily… I share useful articles about how to make money online day trading stocks & Forex, alongside topics including mindfulness and entrepreneurship.
I share a real insight into trading the financial markets through trade recaps, strategy break downs and trading vlogs.
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