Forex Strategy Builder Professional (FSB Pro) is the flagship program for technical analysis. It brings a whole new level of understanding in automatic trading. Here you can build your trading strategies using sophisticated design tools that allow you to modify already opened positions, use indicators from different currency pairs, follow the trends of higher time frames.
Forex Strategy Builder enables you to create Expert Advisors that act on several levels by using logical groups for the trading rules. Build and test various Forex strategies
Before establishing a strategy, you need to create an account by selecting the currency, be it USD or EURO, the initial amount of money you want to invest, the leverage ratio, the data source and exchange symbol, and optionally your account's exchange rate.
After initializing the application, you have the possibility to build your strategy based on a few predefined demo samples including Bollinger ADX, Ichimoku Kinko Hyo, MACD Reversal, Trading the News (NFP), Optimizer, Weekly Trading, Comparator and Test Trade, just to get you started.
To further guide you, Forex Strategy Builder Professional includes a Data Source preset, 'FSB Demo data' and a set of historical data files in CSV format for demonstration purposes. Once you are familiarized with all the information required to create a data source, you can add a new one by specifying the data directory location.
Balance/Equity and indicator charts help you decide how much capital you can use to trade in order to reach a positive outcome. Trade journals allow you to predict where prices are likely to go and when it is the right time to trade.
Effective Forex strategy tester
All in all, Forex Strategy Builder Professional is a comprehensive software application that allows you to efficiently test Forex strategies, providing you with accurate technical analysis to evaluate current market currency exchanges. Additionally, its intuitive interface allows you to easily create, backtest and test strategies using a single application.