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Trading Simulators

StaticX

Member
Hey guys,

Just thought I would share a very good trading simulator for MT4. It is free and very good. It comprises of an EA that you run on your chart via the stratergy tester. The only drawback is that you are stuck to one time frame and cannot test EA's with it. It's great for manual trading training. There are a range of scripts provided to emulate the ability to buy, sell, sell limit, buy limit etc...


(Install file and manual installation are provided in the zip file)

I used the above simulator to test things like Forex U Turn, PowerbandDominator, Forex Profit Farm, Green Dragon, Delphi scalper, FXChildsPlay, Red Phoenix and Market Dominator, bascially any manual based system that does not use an EA that has to be attached to the chart.

Personally after using the above for a while I finally bit the bullet and purchased a license for (. This application has aided me tremendously in manual trading. It can do multiple time frames, use your existing data from your broker, has an almost identical layout to MT4, can fast forward, rewind etc.. etc...

It unfortunately does not cater for custom indicators, but instead comes with a 100% range of the default MT4 indicators. Howerver, their forum is full of indicators that have been coded by developers for the platform (the platform does have an API that allows you to create your own indicators, app is written in delphi and c++)

Cheers
Static X
 

Joy22

Member
Hey guys,

Just thought I would share a very good trading simulator for MT4. It is free and very good. It comprises of an EA that you run on your chart via the stratergy tester. The only drawback is that you are stuck to one time frame and cannot test EA's with it. It's great for manual trading training. There are a range of scripts provided to emulate the ability to buy, sell, sell limit, buy limit etc...


(Install file and manual installation are provided in the zip file)

I used the above simulator to test things like Forex U Turn, PowerbandDominator, Forex Profit Farm, Green Dragon, Delphi scalper, FXChildsPlay, Red Phoenix and Market Dominator, bascially any manual based system that does not use an EA that has to be attached to the chart.

Personally after using the above for a while I finally bit the bullet and purchased a license for (. This application has aided me tremendously in manual trading. It can do multiple time frames, use your existing data from your broker, has an almost identical layout to MT4, can fast forward, rewind etc.. etc...

It unfortunately does not cater for custom indicators, but instead comes with a 100% range of the default MT4 indicators. Howerver, their forum is full of indicators that have been coded by developers for the platform (the platform does have an API that allows you to create your own indicators, app is written in delphi and c++)

Cheers
Static X
share

joy22
 

StaticX

Member
Hey Joy22,

It is shared, just click the link it is a direct download.

Unfortunately I cannot share my license for Forex Tester 2 as it is generated off my machine components. They do a crazy security thing, bascially the key I have is locked to my machine ID :(

I searched high and low for a crack / keygen but was not able to locate one.

Sorry about that.

Cheers
StaticX
 
link not working

link not working

Could someone re-post the trade simulator, forex tester
the trade simulator link is not working
Thank you



Hey Joy22,

It is shared, just click the link it is a direct download.

Unfortunately I cannot share my license for Forex Tester 2 as it is generated off my machine components. They do a crazy security thing, bascially the key I have is locked to my machine ID :(

I searched high and low for a crack / keygen but was not able to locate one.

Sorry about that.

Cheers
StaticX
 

dave11

New member
simulator will not trade due to a 134 error which in the journal says there is not enough money to trade, even though there is $10000 and I only enter 0.50 lot size. Any suggestions appreciated to fix the problem.

The simulator is working fine, just won't let me enter a trade.
 

bonnie1234

Active member
LearnForexHome - MT4 Trade Simulator

LearnForexHome - MT4 Trade Simulator

LearnForexHome - MT4 Trade Simulator






Using the LHF Trading Simulator:





Creating a Template



If you’re going to use the Trading Simulator to practice trade a system you are working on, then I suggest that you must create a template of the chart you have already set up. It is much easier to just load the template into the simulator, than having to set the chart up from scratch each time.



You can create a Template in one of three ways:



a. To create a template, just right click on the chart (that is completely set up) with all the indicators, and select Template on the pop-up menu, then select Save Template. Give it a name you will remember.



b. Click on the Menu bar on Charts and select Template on the pop-up menu, then select Save Template.



c. Click on the Template Icon on the Icon bar. Select Save Template.



Now you can go back to the Template menu, and load the template on another chart, and within the simulator chart.





Activate the Strategy Tester.



You can activate the Strategy Tester in one of three ways:



a. Click on the Strategy Tester Icon on the Icon bar.



b. Click on the Menu bar on View and select Strategy Tester.



c. Press Ctrl + R together (= CTRL R)



The tester window will open at the bottom of the screen:



You must be registered for see images





You can drag it to any new position by clicking on the blue bar where you read Tester and dragging it to the new position while you are holding down the left mouse button.



Select the LFH-Trading_Simulator_3 as your Expert Advisor.

Now you can select the pair and the timeframe as above.

You can also choose to trade between two dates.

Visual Mode MUST be checked.

Make certain that Optimization is not checked.



Before you begin I suggest turning the speed down to around 10.





Using the Simulator



Click on start and you will see the chart loading before your eyes.


You must be registered for see images



Once the chart has loaded, right click on it to load the template you set up earlier.

You can also click on the Template icon to load a template onto the graph.



Click on the Run button (indicated here with the Red Arrow) to start the Simulator.


You must be registered for see images



Now you should see the bar moving up and down slowly as the strategy tester feeds tick data slowly into the chart.



To speed this up, move the slider to the right.



I find it works best on around 30,31 or 32. However you will have to slow it down to enter trades or adjust stops. It’s best just to play with this for a while to get the hang of it.



To stop the bars disappearing off the chart, click on the Auto Scroll and Chart Shift at the top of the window.



You must be registered for see images






Entering Trades




You will need to have the Navigator open. (it may already be open).



To open it choose View, Navigator;



Once it is open you can separate it from the application if you wish by dragging it by the bar at the top.





You must be registered for see images



We only need the scripts section so I have closed all the other sections as above.



To open a Market Buy order



First slow the chart down, it could move 10 pips in the time it takes to move the mouse.



Alternatively you can hit the pause button.



Now Double Click on the Simulator Buy Open or drag it onto the graph:



Choose an initial stop size (in pips) and Target size (in pips) and a trade size.

The stop and target can be adjusted later:

Click OK



Now you should see an entry line (dotted green), a green target line and a red stop line as below.



You must be registered for see images



If you do not see the dashed line in the middle (entry line) then open the Tools Options in the drop menu above and choose Show Trade Levels as in the picture below:




You must be registered for see images



Now it should look like the chart above.





Moving the Stop and Target levels



Double click on the Green (target) or Red (stop) lines and simply drag them to new positions. The stop or target is now moved:





Closing a buy order



Simply double click on the Simulator Buy Close script.

You can close all of the trade or only part of it, by changing the lot size below.





Sell Orders



Do exactly as above but choose the sell equivalent to the buy orders.





To Open a Stop Sell or Stop Buy Limit order



This is in fact a STOP order, so don’t be confused by the word limit in the name.

These orders are only triggered once the price reaches that level. They are useful if you are testing a breakout system, and you wish to add an order before the market reaches a certain level.



In this case we are going to drag the script to the chart, and drop it exactly where we want the order to be.



If we are setting a sell stop we drop it below market, if we are setting a buy stop we add it above market.





Drag and Drop



Now you will be offered some options:



Set the Stop, target and trade size.



CancelOther is used if you are simulating a straddle where you have a buy stop, and a sell stop each side of the market. If one is triggered, it will cancel the other, unless you set both to false.



You will now see a yellow line on the chart. When the market reaches that level, it enters the trade:



To remove these lines just use the Simulator Limit Stop (Buy or Sell) scripts.





Viewing your results



You must be registered for see images




Once you have completed trading the system you can view your results by clicking on the Results Tab


You must be registered for see images



OR on the Graph tab to see a visual chart.


You must be registered for see images





Viewing each trade



As the trade is running you will see the trade stats at the bottom of the screen:



You must be registered for see images





Current Bar Time



The date and time in the bottom corner represents the current bar date and time.





I hope you will enjoy using this tool. I know for a fact that it will improve your trading more than you may realize at first.



I will suggest that you spend at least an hour in the simulator per day.
 

wannawintrades

Active member
forex tester versions 1 and 2

forex tester versions 1 and 2

Here is another one that I use. It's simple forex tester versions 1 and 2. To use it, you basically follow the same rules as bonnie1234 set. It also has a speed control.


Code:
Additional info here:

http://simpleforextester.com/
 
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