Back Test with the Premiere Forex Simulator

In our own trading, we have found the Forex Tester 2 to be one of the best backtesting programs available.

We have used this program for years and think very highly of it, and have made an arrangement for our trading friends to be able to buy this program for $175 instead of the retail price of $199 ~ a 12% discount. This is a great price for a tool with this power.

Why we love the Forex Tester 2 Simulator:

Historical backdata available for 16 currencies from January 2001 to current time, plus gold and silver.
Tick data available from 6 brokers since 2010 - SEE DATA PLANS.
Ability to watch multiple time frames simultaneously as you test. Have a daily, a one hour and a 15 minute chart open at the same time.
Ability to have two or more currencies play out at the same time.
Go forward tick by tick or candle by candle.
Go back candle by candle (go ahead - have a "do-over" from time to time).
Powerful and speedy, not at all sluggish in playback.
Begin testing from exactly the date you specify.
Reports number of wins, losses, expectancy, profit factor and so much more.
Easier than MT4 to place trades and to set stops and take profits using a visual eye-dropper.
Quickly change between watching candles play out tick by tick, minute by minute or any time increment you choose.
Each entry and exit you take is clearly labeled - glance back and see them.
Varibale spreads in data available from 6 brokers since 2010 - SEE DATA PLANS.
Save different strategies and test runs - easily pick up where you left off.
Balance and equity charts maintained. Click to see an example.
And now... the Smart Tools Pro Calculator automatically reads your Forex Tester equity after each trade you place, so you can quickly and automatically do correct position sizing for your next order.
Easily import your Testing statements into the Trade Log Pro for in-depth study.
Have more questions? Read our FAQ and watch these movies:

In this movie, we show the Forex Tester in action, and show why using it is so important.

In this movie, we explain all the options and how to install the plans.

Free trial version

You can try the Forex Tester2 software before buying it, by clicking here:

The free version has some limitations relative to the full version:

You can test no more than 1 month of historical data;
You can test uninterruptedly no more than 30 minutes (then close and re-open);
You can not save testing results, projects and templates.

All other features are the same as they are in the full version.
To remove limitations you must purchase the software. Our full instructional video how to use the software is also only available to those who have bought the Tester from our site.

Click to watch a short movie for Inspiration: Why Using The Tester is So Important

Now I'm like a finely tuned athlete...

"I struggled with my trading, entries, exits, patience etc. The way I really conquered it was I use a trade simulator now. I pick my times to trade live, and spend the rest of the time on my trade simulator. I can trade a whole 24 session ( forward*, not back test ) in about 60 - 90 minutes.

I trade the simulator, looking for trades. When I see one, I stop the simulator, evaluate the trade, the stop loss I need to use, the lot size I will place based on the Calculator, the exit I will look for – and then restart the simulator.

By doing this over and over again in fast speed, I see the set ups that fail easier on live trading and the ones that win easier as well.

I have taken my live trade this morning...and now I am on my simulator until Frankfurt open...so it is like I am a finely tuned athlete when my live trading comes up." ~ David G

* What's the difference between forward testing and back testing, as David describes it? Well, backtesting is just looking at a chart with all the data already filled in – in other words, just taking your standard chart and scrolling backwards and pretending you are making trade decisions in real time. If you're honest with yourself, you have to admit that it is virtually impossible not to cheat. You see a little bit of the candle that's on the right edge of the screen and your trading decisions are shaped by that. Forward testing means that you only see candles as they are formed. The right edge of the chart is completely blank, just like it is in real life. It's the only way to honestly test, and that's what Forex Tester 2 allows you to do.

That tool is really awesome

"I cannot over-emphasize how much the Forex Tester 2 program I bought from the Forex Smart Tools site has helped me to really explore T/P and S/L levels. I spend several hours each day testing all the pairs, one pair on each day. That tool is really awesome. I have been on the Forex Tester for 2 months now, EVERY DAY for hours." ~ John W

It is amaaaaazing

"I have been getting used to the Tester. It is amaaaaazing. I can really see the effect it will have on redefining my rules, early exit behavior, resisting the need to trade/ take low probability trades." ~ Ron V