Software >> Forex Simulator
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Key to Success in Forex
- Trading Forex requires practice, but it takes a lot of time.
- Our Forex trading simulator lets you train much faster, without taking any risk.
- No more waiting for certain market conditions or price movements.
- No more having to watch the charts all day long.
- With our simulation software you can control the time and focus on most important moments.
Trade historical data and save your time
Forex Simulator lets you move back in time and replay the market starting from any selected day. It shows you charts, indicators and economic news as if it was happening live. You are able to place your orders, modify them or close them, just like you were trading live.
Trading historical data saves a lot of time compared to demo trading and other forms of paper trading. It also allows to adjust the speed of simulation, so you can skip less important periods of time and focus on the most important ones.
How it works
Forex Simulator works as Expert Advisor for Metatrader 4. It combines great charting capabilities of MT4 with quality tick-by-tick data and economic calendar to create a powerful trading simulator. It uses offline charts, which let you use indicators, templates and drawing tools available in Metatrader.
However, it is not limited to using historical data offered by Metatrader, which is usually low-quality data. It also lets you download and use high-quality tick data from Dukascopy and TrueFX.
60 Forex pairs, gold, silver, oil and 12 stock indexes
The software gives you access to all Forex major pairs plus XAUUSD and XAGUSD. You can also run simulations on oil and main stock indexes. Choose your favourite instrument and trade it.
Currency pairs - Dukascopy
EURUSD | AUDNZD | AUDUSD | AUDJPY | EURCHF | EURGBP | EURJPY | GBPCHF | GBPJPY |
GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | CADJPY | EURAUD | CHFJPY | EURCAD |
EURNOK | EURSEK | USDNOK | USDSEK | USDSGD | AUDCAD | AUDCHF | CADCHF | EURNZD |
GBPAUD | GBPCAD | GBPNZD | NZDCAD | NZDCHF | NZDJPY | XAGUSD | XAUUSD | AUDSGD |
CHFSGD | EURCZK | EURDKK | EURHKD | EURHUF | EURPLN | EURRUB | EURSGD | EURTRY |
HKDJPY | SGDJPY | TRYJPY | USDCNH | USDCZK | USDDKK | USDHKD | USDHUF | USDILS |
USDMXN | USDPLN | USDRON | USDRUB | USDTHB | USDTRY | USDZAR | ZARJPY |
Commodities - Dukascopy
Brent crude oil | WTI light crude oil |
Indexes - Dukascopy
ASX 200 | SMI 20 | DAX 30 | IBEX 35 | STOXX 50 | CAC 40 | FTSE 100 | HSI |
Dow Jones 30 | S&P 500 | NASDAQ 100 | Nikkei 225 |
Currency pairs - TrueFX
EURUSD | AUDNZD | AUDUSD | AUDJPY | EURCHF | EURGBP | EURJPY | GBPJPY |
GBPUSD | NZDUSD | USDCAD | USDCHF | USDJPY | CADJPY | CHFJPY |
Real tick-by-tick data
Unlike other trade simulators, our software lets you use as much as 10 years of real tick data with real variable spread. The simulator can download historical data from Dukascopy*, which is considered one of the best free data sources, and from TrueFX*.
* High quality tick data is offered for free by Dukascopy and TrueFX at their websites. Make sure you read their terms of use before using it. Please note that we have no connection with these providers. Soft4FX Forex Simulator simply lets you download and use their tick data in convenient way.
Use broker's data
Starting from version 1.7 of Forex Simulator it is possible to import historical data from Metatrader and use it in simulations. Now, you can run simulations on all instruments offered by any MT4 broker. All you need is a demo account. Read more about importing data from MT4.
Multiple timeframes
You can open several charts at once and follow price action on several timeframes. You can also create custom timeframe charts, like 10-minute chart or 2-day chart. All charts are synchronized and updated tick-by-tick.
More charting capabilities
All types of charts you ever needed in one place:
- Standard Metatrader charts: M1, M5, M15, M30, H1, H4, Daily, Weekly and Monthly
- Custom timeframes: M2, M10, H2, H3, 2 days, ...
- Second charts: 30 sec, 45 sec, ...
- Renko charts
- Range charts
- Tick charts
As you can see, our simulator offers you many more timeframes and types of charts than MT4.
Built-in economic calendar
You have access to current economic news releases at any time during the simulation. You can display them on your charts as well. Economic calendar is downloaded from Forex Factory and contains events starting from 2007. Other news providers may be available in the future.
News can filtered by their importance and by currencies, so you can easily display events that really affect your trading.
Use MT4 indicators and templates
Since this trading simulator is an add-on for Metatrader 4, it allows you to use all built-in MT4 indicators as well as many custom ones. You can also use MT4 templates to prepare your charts quickly.
We cannot guarantee that all non-standard indicators will work fine with Forex Simulator, but there is a good chance that many of them will. Please use our free demo to test your favourite indicators before purchasing our simulation software.
New York Close 5-day charts
The simulator is capable of drawing charts in one of two modes:
- GMT - all charts are based on Greenwich Mean Time (UTC+0)
- New York Close - all charts are aligned with New York trading session close
The difference between these modes can easily be seen on daily charts. GMT charts will render 6 days in a week, including Sunday bar. New York Close charts will render only 5 days in a week. Also, all daily bars will look a bit different as time is shifted by a few hours.
Many traders believe that New York Close charts are essential in trading Forex. The importance of NY Close charts is better described in Nial Fuller's article.
Save your simulation at any time
The simulation can be saved to a file and loaded at a later time. All your trades, pending orders, stop losses, take profits, trailing stops and other settings will be restored.
Fully control the speed
You can pause and resume the simulation whenever you like. You can speed it up and slow it down. You can also step forward candle-by-candle on any chart you like, including tick, renko and range charts.
Moreover, there are 2 possible speed modes:
- Ticks per second - ticks are uniformly distributed in time, for example 2 ticks per second or 10 ticks per second.
- Real-time - ticks are distributed in the same way as they were distributed in real life. Of course, you can also speed it up, just like a video recording.
You can also tell the program to pause the simulation automatically on certain events:
- Hitting SL or TP
- Execution of pending order
- Reaching a defined price level
Rewind the simulation
Starting from version 1.6 of the simulator you can easily go back in time if you need to. Every chart is now equipped with a button which lets you move back bar by bar. All your trades, pending orders, stop losses, take profits, trailing stops, account details and even statistics will be restored.
If you miss the opportunity or you simply increase the speed too much, it is not a problem. The simulation can be rewound by a minute, an hour, a day or by any other timeframe you choose.
Risk-based position sizing
The simulator lets you use either lot-based position sizing or risk-based position sizing. For example, you can set it to risk no more than 2% of your balance or no more than $100 per trade. Risk-based position sizing requires setting a stop loss to work properly.
Automatic trade management
Following automatic rules can be applied to any trade:
- Stop Loss and Take Profit
- Trailing stop
- Automatic break-even
- One-cancels-other (OCO) rule for pending orders
Moreover, you can use order templates to work faster and avoid repeating the same steps. A template can be used to save your trade management settings and load them at any time.
Visual trading
Forex Simulator lets you place pending orders, stop losses and take profits by simply dragging lines on the chart. You can also modify existing orders in the same way.
Save as HTML report
With Soft4FX simulator you can save the history of your trading as an HTML report. It is formatted in exactly the same way as Metatrader account statements, so it is very easy to import it to any third-party tool for further analysis. An example of such tool is Quant Analyzer. It offers quite a lot of useful statistics and features, even in a free version.
Export to Excel
It is possible to save your trading history as an Excel sheet, allowing you to study and analyze it in more depth.
Detailed statistics
The simulator displays statistics similar to ones offered by Metatrader, including:
- Balance/Equity graph
- Profit/Loss
- Absolute, relative and maximum drawdown
- Maximum, minimum and average spread
- Profit factor
- Expected profit
- Largest winning and losing trades
- Longest/Largest winning streak
- Longest/Largest losing streak
- ...
You can access your current statistics at any time during the simulation, not only after it ends.
Hotkeys
Basic operations can be done very quickly using hotkeys:
- Ctrl + Space - Pause/Play
- Ctrl + Up Arrow - Increase speed
- Ctrl + Down Arrow - Decrease speed
- Ctrl + Right Arrow - Next bar
- Ctrl + Left Arrow - Previous bar
- Ctrl + B - Buy
- Ctrl + S - Sell
- Ctrl + C - Close last trade
- Ctrl + A - Close all trades
Hotkeys work only in the main window of the simulator, so this window must be currently active (must be the last clicked window).
Free updates
Updates are free. All you have to do is to download and install a new version. Your activation code will still work with new versions.
There is no special procedure of updating. You can install the new version in the same way as you installed the program for the first time.
Current version is: 1.89 (Download)
Requirements
- Windows 7 / 8 / 10 (will not work on Mac)
- Installed Metatrader 4 (not Metatrader 5)
- 4 GB of RAM
- Internet connection (the faster the better - downloading tick data may be time-consuming)
- Microsoft .NET Framework 4.5 (Check and install)
- Recommended: a few GB of free hard disk space for storing downloaded tick data
- Recommended: Full HD screen
Download Forex Simulator
The simulator is not a standalone application. It is an add-on for Metatrader 4, so you need to have Metatrader 4 platform installed in your system. Metatrader 5 is not supported yet.
By default the software is locked and works in demo more. Demo mode has two limitations:
- You can take only 5 trades per simulation.
- You can not load saved simulations.
You need to buy the license to unlock the software.
(EX4 file, approx. 1.5 MB -> see installation)
Demo - test the program for free
You can test our software for free as long as you want. The download button is just above.
When starting the program please leave both e-mail and activation code empty. It will start the simulator in demo mode.
Buy the license
Payments can be made by PayPal and Skrill (MoneyBookers). Most credit and debit cards are accepted.
License is lifetime.
It lets you use the software on 2 Metatrader accounts (demo or real).
There is no limit for the number of computers in use. What limits the use of software is the number of Metatrader accounts.
More information about payments and the license can be found in License, payments and refunds section.
We strongly suggest to test the demo version of the simulator with your favourite indicators before buying it. All standard MT4 indicators work fine, but not every custom indicator works correctly on the simulator. Read more about known problems with custom indicators and possible solutions in Troubleshooting section.
Buy Forex Simulator
99 USD
One-time payment
Lifetime license for 1 person
2 Metatrader accounts (with transfer possibility)
14 day money back guarantee
Requires Microsoft Windows and Metatrader 4
More information
Forex Simulator
How we made Forex training even more easier for you
1. One mode instead of two
In Forex Tester 2 trading simulator users usually required some extra time in order to understand the purpose of the 'History' and 'Testing' modes. If you also had a hard time comprehending what those modes were all about, you can forget about them once and for all, because in Forex Tester 3 they will be merged into one simple mode for simplifying and accelerating your testing activities.
2. Automated ticks generation
In Forex Tester 2, a trader had to face several inconveniences in order to open a new project:
- Switch to “History mode”
- Regenerate the ticks
- Make sure that the data periods are the same in both data and tick windows
- Switch to “Testing mode”
- Start the Test
- Save the Project
All these issues are solved in Forex Tester 3 - you just need to open a new project using a special button. The above-mentioned inconveniences will be covered by our trading simulator automatically so you do not have to worry about them.
In Forex Tester 3, all test settings including the list of currencies, time shift, initial deposit, currency settings and data range will be covered within a project.
3. Keep all testing settings in the projects
- All the testing settings, including list of currencies, time shift, initial deposit, currency settings and the range of data can be altered and saved in projects.
- Easy switching between the projects.
- No need to re-generate the ticks and remember that you have to generate them for some currency pairs.
- All settings of Forex trading simulator will be restored and ticks will be generated automatically when you open the project.
4. Downloading data for multiple pairs at once
Imagine the following situation: you need to download the free data for the last 19 years on 18 symbols (16 currency pairs, gold and silver quotes). In Forex Tester 2 you had to start downloading 1 currency pair at a time, and then return to some of your regular things (you probably won’t sit during the next 20 minutes in front of your monitor, staring at how the progress bar advances).
Suppose that, after 30 minutes you recall that you were downloading the data. You open your Forex Tester 2 once again and keep downloading the data on the next symbol. An hour later, you remember that you need to download the third currency pair, etc. Thus, data download can easily take up the entire day or even several days.
The downloading process in Forex Tester 3 is totally different: it has become much easier and less time consuming. Put it to downloading all of your currency pairs and in a few hours, the process is over.
5. Save time while downloading and processing data
The download process in Forex Tester 3 has become much faster. In this version, the data may be downloaded into multiple streams instead of one, as it was in the previous version.
6. Saving the profile
Before you start the test, it is often necessary to keep all of your current charts just as they are at that moment. Forex Tester 2 had Projects and Templates features only for organizing your workspace. In Forex Tester 3 one more valuable feature was added to them: the Save / Load Desktop function, which preserves the desktop and allows for structuring your charts in the desired position.
7. Smart Profit Chart for analyzing the strategy’s performance
- In Forex Tester 3 trading simulator, the profit chart functions like any other chart. Equity line is now represented in the convenient form of bars, so you can see every tiny change of your deposit.
- All drawing tools and templates have become applicable to the Profit chart as well.
- You can open any number of profit charts, rather than just one, as it was in Forex Tester 2.
- For greater convenience use the crosshair.
8. Automated time shift for all of the project's currency pairs
In Forex Tester 2, traders could change the time shift only for each individual currency. In Forex Tester 3, time shift is set in the projects themselves, significantly accelerating the process of preparation for the test.
9. Built-in EAs
Do not know what to start with your Forex training?
Automated strategies provide traders with outstanding possibilities to save tremendous time and efforts. Instead of testing a trading system manually, one can simply click several buttons and switch to another task. A few hours later, you can return to the test and analyze the results – all the routine and boring jobs will be done by the software. In Forex Tester 2, we gave away just 1 EA, whereas Forex Tester 3 will contain 3 of the most common and useful trading systems for automated testing. In the future, we will add more EAs that will satisfy various testing needs.
10. Drag & drop stop loss, take profit and pending orders
Now you can drag and drop the pending order, stop loss and take profit lines directly on the chart in order to change their values instantly. This feature speeds up and simplifies the use of the software even more.
11. Multiple monitors support
Traders who work with multiple monitors often complained about the impossibility of placing each individual chart on its own individual screen. This important issue has been successfully resolved in Forex Tester 3 trading simulator. Now you can freely move any number of windows to an unlimited number of monitors.
Navigate to the “Window -> Cascade” menu and simply drag and drop the necessary windows to the required locations.
12. New, more convenient registration scheme
In Forex Tester 2, a registration key was attached to your computer’s Hardware ID. In case your Hardware ID became changed (for instance, when you reinstall the operating system), you had to ask a new key and wait for our system to generate it. In Forex Tester 3, you will be provided with a master key, so the key requesting process will occur automatically.
13. Renko bars
One of the most frequently asked questions related to Forex Tester’s indicators was the question of the Renko bars implementation. We are glad to announce that this tool will be available in Forex Tester 3, and you will be able to expand the range of tools for the analysis and backtesting to even greater limits.
14. Organize your workspace according to your preferences
If you feel you need to arrange the workspace in a different way, in Forex Tester 3 trading simulator you can feel free to:
- Detach any panel or chart window.
- Drag it anywhere you want.
- Merge it with other panels.
15. It shows real tick volumes
Our users struggled with the data that contained a large number of price changes within a particular bar. This happened when you tried to test historical data on indexes or if you have downloaded the 1-hour Forex data form other resources. In these two cases, Forex Tester 2 wasn’t able to provide you with adequate volumes. In Forex Tester 3, this problem has been successfully resolved.
16. Customizable hot keys
Free Forex Tester
Have you ever wanted to assign one of the most common actions that you used regularly to some hot key combination? In Forex Tester 3, you do have such an opportunity. It is impossible for the developers to forecast every single action you are about to take because this action will vary depending on the user’s trading style and strategy. Save your valuable time and efforts with customizable hot keys on our trading simulator. Therefore, you can spend the saved time for Forex trading training. Hot keys can be adjusted via “Tools → Options → Hot keys” menu.
17. New graphical elements
In addition, we added some new graphical tools that our users asked for on a regular basis:
- Signs
- Thumb Up
- Thumb Down
- Arrow Up
- Arrow Down
- Check Sign
- Stop Sign
- Left Price Label
- Right Price Label
- Price Label
- Linear Regression Channel
18. 7 important user interface changes
- Fast timeframe switching buttons were added to the toolbar
- Current indicator value will be highlighted on mouse hover with a big point on the indicator line
- Added the leverage input in the “Symbol settings” menu
- You can fix the bar number to see its values in the “Data window”, so it will not be affected by the mouse movement
- Fixed chart scale of 1 pixel x 1 point in the “Chart settings” dialog
- The “Maximum drawdown” value will be saved and restored with the project settings
- Big system fonts support
Forex Tester For Mac Pro
19. Important bugs that were fixed in Forex Tester 3
- Unnecessary jumping to the start / end of the chart after switching to another time frame.
Let’s assume that you uploaded the data and generated the ticks from Oct 1, 2005 till Oct 1, 2009. For example, you were examining the chart on Nov 11, 2007 and a H4 time frame. Afterwards you switched the chart to any other time frame (say on H1). You will see the last candlesticks of your data period that are from Oct 1, 2009 and not the necessary Nov 11, 2007.
- Necessity to generate ticks for the same currency pairs in order to create a new project.
You downloaded the data on EURUSD and generated the ticks for this currency pair. If you decide to create a new project for the same pair then you have to generate the ticks anew.
- Absence of the vertical chart scroll
- Absence of the comments within order tab and after the history export
Comments are perfect tools that help you to recall why you opened or modified the order. It might be obvious now but a few trades later, you will not be able to refresh the reasons for your trading behavior. In Forex Tester 3, you will have access to your comments in all of your order tabs.
- Duplication of graphical elements
In Forex Tester 2, when you created several graphical elements with different properties (such as color, border size and so on) and then tried to duplicate any element, the properties of the last created object were applied to this new element.
Example.
- You create an orange rectangle
- You create a blue rectangle
- You duplicate the first orange rectangle but the color and border of the duplicated shape have the properties of the last one (in our case, the blue rectangle)
In Forex Tester 3 trading simulator, if you need to draw exactly the same graphical element, you can just right click on it and duplicate it in a few clicks. This should save your time significantly.