News About Forex

1. New version can be installed over previous version (2.0), all settings, templates and projects will be saved during installation.
2. Added new option to autoupdate program over internet (see menu Help -> Check for updates). Program also can check for updates every week automatically. This mode can be adjusted in menu Tools -> Options -> Updates. Program will download and install updates automatically, all current settings, templates and projects will be saved.
3. Procedures of Loading/Saving projects were reprogrammed to avoid some mistakes and provide better speed.
4. Added new tool - Strategy optimizer (see menu Tools -> Strategy Optimizer).
5. On double click with mouse at position in "Open positions"/"Pending orders" lists, Data window will show information about a bar, where this position was opened.
6. Indicator Pivot Points was reprogrammed to show weekly, monthly and yearly pivots.
7. Fixed error in Statement Processor strategy.
8. Added new functions to strategies' API to get current time (time of the last received tick) and to change buffer style of the created indicator.
9. Added new option to install automatic strategies without restarting program. (see menu File -> Install New Strategy)
10. There are 14 major currency pairs installed in new setup with 1 month of history for each. But they will be installed only if you do clear installation (not over previous version).
06 March 2009.
Forex Tester 2 is released!
1. Multiwindows interface. You can open many windows of different currencies and different timeframes of one currency at the same time.
2. Each window has it's own preferences and indicators.
3. Added indicator over indicator at the same oscillator window.
4. Added possibility to draw in the oscillator window.
5. Added "distance between two points in pips and bars tool". (in crosshair mode while pressing left mouse button and moving the mouse).
6. Added adjust right offset on the chart.
7. Added new data window. Shows bars and indicators parameters under the cursor.
8. The new timeframe model. Now you can edit timeframe list, add new and/or delete unnecessary. Timeframes is defined by number of minutes in it and can contain any values (for example 48 min, 35 min).
9. Saving of projects is changed. Now the name of the current project represented at the window title. While saving the project it is saved into the current file with the name of thecurrent project. "Save as..." added.
10. In testing mode "Show every tick" option added. Now you can see tick by tick price change (before minimum step was 1 minute)
11. New fields added in the preferences of currency instrument:
Instrument type – currency pair/stock/CFD
- Lot currency
- Margin currecny
- Margin for 1 lot
- Hedged margin (for opposite positions on one instrument)
- Minimum distance to the price, pips (minimum distance from the price on which you can place pending orders, in previouse version it was equal to spread).
12. New error control system that allows to generate and send the full error log with all necessary files and screenshot.
13. In the terminal window you can sort orders by columns.
14. Text messages are processed faster in Journal, and it can not be overloaded in case of big number of messages.
15. Recoded program core and overall work speed become higher.
16. When starting testing with an option "Set starting test date" you can disable parameter of data preloading. With big data volume testing will start without delay in this case.

24 November 2007. Ver 1.0 Build 12.
1). Added new drawing style - ds_HistogramFill that allows to draw indicators as a vetical lines between two buffers (similar to Ishimoku clouds but without border lines).
2). Added new drawing style - ds_ColoredCandles that allows to draw indicators as a colored bars using 4 buffers.
3). Added new very demanded indicator - Heiken Ashi.
4). Updated documentation for indicators and strategies, now it includes Delphi and C++ examples.
5). Improved fast placing orders with Ctrl + B, Ctrl + S. Now you can define a list of up to 10 orders for buy and sell separately, including trailing stop information and after pressing Ctrl + B/S you can choose an order from the list. If it is only one order in the list it will work as before without dialog window. You can define this list in Options -> Trade.
6). Now you can change the sounds in the program at Options -> Sounds.
7). Added ability to export statistics from Stats. panel to a text file with right mouse button.
8). Improved Strategy Optimizer tool, now it can optimize strategy with more than 1 parameter (up to 5) and you can export statistical results to a text file.
9). Fixed bug with placing orders after starting test with pause option selected.
10 June 2007. Ver 1.0 Build 11.
1). API for Visual CC++ for strategies and indicators is issued.
2). Indicator CCI is corrected.
3). Option for displaying bars over indicators is added.
4). Option for displaying Bid and Ask price is added.
5). Option for displaying indicator's values on the right side of the chart is added.
6). Drawing of indicators with the "shift in the future" option is corrected. Now they are displayed after
the last price bar.
7). New functions SetBufferShift and OnParametersChange are added to API.
27 February 2007. Ver 1.0 Build 10.
1). Rewrited Statement Processor strategy to provide more precise calculations.
2). Corrected mistake with saving graphical objects in projects.
3). Corrected mistake that occured when user switches very often between Edit mode and Testing mode with ticks generation.
4). Added new commands in API that allow to work with visual objects on the chart.
5). Added new indicators: ZigZag and Parabolic SAR.
6). Added trailing stop for all orders.
7). Added ability to set pause mode after connect.
8). Now you can see information about bars (O/H/L/C/V) while you set stop loss/take profit with pipette buttons in orders.
9). When you move mouse over the indicator line on the main chart you can see its name and value of the indicator in this point.
10). Added option to duplicate order in the context menu of the Open positions list and Pending orders list.
11). In the pending order dialog error messages made more informative.
12). Extended maximum delay between tick packages to 5 seconds (before it was maximul 1 second) - it allows you to set speed of the chart really slow.
26 November 2006. Ver 1.0 Build 9.
1). Increased speed of line drawing.
2). Corrected error with control bars when they collapsed and did not restore their size.
3). Added templates (View -> Templates).
4). Corrected histogram view (on some indicators such as Volume it was shown incorrectly).
5). Added new indicators: Polarized Fractal Efficiency,
Ultimate oscillator, Demark's Range Expansion Index, Pivot Points,
Bears Power, Bulls Power, Keltner Channel.
6). Added horizontal scroll bar for the main chart.
7). Added demo strategies to the installation package.
8). Added new commands "Pause" and "Resume" to the strategies interface. Pause can
set pause mode and allows user to make decision by himself. Resume can continue execution.
9). Added new option "Show price" in Fibonacci retracements tool.
10). Added new menu options that allow you to save and restore current testing
state including templates, open positions, history and current date on the chart.
See File -> Open/Save project.
23 September 2006. Ver. 1.0 build 8.
1). Added new function SetIndexLabel to indicators interface that
defines description of visible buffer instead of BufferStyleXX.
2). Changed histogram drawing, before it was painted with lines, now it is painted with bars.
3). Added new mode of indicator drawing - ds_Section. With this style
you can paint lines between buffer values (for example ZigZag).
4). Added new parameters Comment and MagicNumber into the functions
SendInstantOrder and SendPendingOrder.
5). Added new functions OrderMagicNumber and OrderComment.
6). Added new tool - Text to add some text comments to the diagram. (Insert->Text).
7). Added new tool - Wave Symbols to mark waves on diagram with special symbols. (Insert->Wave Symbols)
25 August 2006. Ver. 1.0 build 7.
In order windows it is possible to pick up prices from price chart now.
Execution, limit and stop-order prices from order windows are visually defined as horizontal levels at price chart now.
Option to set horizontal levels to oscillators is added.
New indicators: CCI, Price Channel, Price Daily Range, Rate Of Change (ROC), AMA,
On Balance Volume (OBV), Accelerator Oscillator (AC) are added.

5 August 2006. Ver. 1.0 build 6.
New graphical instrument Andrews' Pitchfork is added.
Indicators can be selected on the charts now - they can be deleted or their properties can be changed through right mouse-click context menu.
New functions for strategy developers (programmers) are added.
Swap counting mistake is corrected.

28 July 2006. Ver. 1.0 build 5.
New indicator Alligator is added. Indicator Fractals is corrected.
Strategy optimizer (for strategies programmed by developers) is added.
New color schemes are added.
Open positions are visually defined by circle-marks on the charts now.

14 July 2006. Ver. 1.0 build 4.
New indicators Volume, ADX, ATR, Williams %R, Fractals are added.
Leverage changing option is added.

25 June 2006. Ver. 1.0 build 3.
New graphical instruments Fibonacci arcs, Fibonacci fan, Fibonacci time zones are added.
Screenshots making feature is added.

18 June 2006. Ver. 1.0 build 2.
New graphical instrument - Fibonacci retracements/extensions is added.
New indicator - Awesome Oscillator is added.

9 June 2006. Ver 1.0 beta build 2.
New indicators RSI, MACD, Ishimoku, Bollinger Bands are added.

5 June 2006. Ver. 1.0 beta build 1.
Documentation for developing indicators and strategies with examples is included.

25 May 2006. Ver.05 build 1.
Many improvements and modifications were made.

Indicators

ForexTester has an open interface to add user indicators (API). You can read about it on our forum: topic about indicators
At current moment there are more than 30 most popular indicators are included to Forex Tester:
* AC (Accelerator Oscillator)
* AMA (Adaptive Moving Average)
* ADX (Average Directional Movement Index)
* Alligator
* ATR (Average True Range)
* Awesome Oscillator
* Bears Power
* Bollinger Bands
* Bulls Power
* CCI (Commodity Channel Index)
* Envelopes
* FATL
* Fractals
* FTLM-STLM
* Ichimoku Kinko Hyo
* Keltner Channel (original)
* Linear Regression Channel
* MACD (Moving Average Convergence Divergence)
* MA Crossover Signals
* Momentum
* Moving Average (Simple, Exponential, Weighted, Smoothed) with shift option
* OBV (On Balance Volume)
* PCCI
* PFE (Polarized Fractal Efficiency)
* Pivot Points
* Price Channel
* Price Daily Range
* ROC (Rate of Change)
* RSI (Relative Strength Index)
* Stochastic Oscillator
* Range Expansion Index
* Ultimate Oscillator
* W%R (Williams' Percent Range)
Indicators can be added on different timeframes independently, so every timeframe can have its own set of indicators.
We are constantly working on increasing number of indicators in our program.

Statistics

Statistical values are updated on every executed trade, so monitoring them you'll get actual information about trading process, which could allow you to modify your behaviour corresponding to risk- and moneymagement.
There are: Total Trades, Profit/Loss Trades, Trades/Day, Trades/Month, Max Profit Trade, Max Loss Trade, Net Profit, Gross Profit, Gross Loss, Average Profit, Average Loss, Max Drawdown, Profit Factor, Profit/Loss Expectancy.
Also Equity and Balance graph are updating real-time.

Risk disclosure

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Forex Tester - Professional Forex Training Software for Traders

Forex Tester is a professional software simulator of the Foreign Exchange Market. It allows you to gain and improve trading skills without risking your money. You do not need to train in real time, waiting for days and weeks to test your trading ideas and strategies, Forex Tester will pack this time in hours and minutes.
This is an excellent forex training tool that will help you to:
* Study trading on the FOREX market in a fast and convenient way.
* Develop and test your own trading strategies without being a programmer.
* Test your trading strategies on years of historical data.
* Save your money and time.
The program has extended drawing tools that allow you to test trading strategies based on technical analysis. It provides some of the most popular technical studies such as: Fibonacci Retracement, Fibonacci Fan, Fibonacci Arcs, Andrews' Pitchfork and others.
Also, we added some of the most popular indicators and oscillators to Forex Tester and continue to increase their number.
For the advanced users and programmers we designed open interfaces with detalied documentation to help you create your own indicators and strategies. Thus, if you have your own ideas, you can implement them using Forex Tester API and significantly expand the program functionality.
We continue working on the forex training program and hope that you enjoy our software. Stay with us!
Testimonials:
I'm just getting into Forex trading and have already spent a ton of money on books, a ton of time on forums and a ton of effort doing demo trading. I stumbled across Forex Tester and decided to give it a try. I'm very pleased that I did.
With it I have been able to do hours and hours of demo trading. Because I can control the speed of the simulation, I can do more demo trading with it than I can with a real demo account (an account that is constrained to real market speed). And I can practice on weekends when the market is closed.
I've already been able to test more than 5 systems and I've learned all kinds of techniques using it - finding support and resistance, drawing trend lines, practicing Fibo retracements and extensions. It has all the studies I could ask for - moving averages, stochastics, MACD, bands, RSI, etc. The interface is very similar to MetaTrader 4 which is the software I first began using to demo trade, so it was very easy for me to learn.
With a few good books, a solid connection to a good training community via a good Forex forum and Forex Tester software, I have everything I need to move toward success in my trading. I'm already seeing improvements in my ability to pick good trades, avoid simple newbie mistakes and I'm seeing my simulated account growing already.

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Will be accessible for full version subscribers. Please note, one forex signal free trial per person. By using our forex services you agree to the terms and conditions below.
Forex trading has potential rewards, but also potential risks. You must be aware of the risks and be willing to accept them in order to invest in the Forex markets. Do not trade money you can not afford to lose. Nothing in our website content shall be deemed a solicitation or an offer to Buy/sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those presented on our website. Please go to useful links and information to learn how to trade safely. Also, the past performance of any trading system is not necessarily indicative of future profits. Forex market trading involves high risks and you can lose a lot of money.You must consider the fact that in FOREX market anything is possible and might bring some loss into your account; FOREXMONEYSIGNAL does not guarantee to generate you profits every month. We cannot take responsibility for any losses on your account. You must take sole responsibility to evaluate all trading information provided by FOREXMONEYSIGNAL and use it at your own risk. All information we provide is intended as trade assistance only. By using our services, you understand and agrees that FOREXMONEYSIGNAL, its agents or employees shall not be liable for any losses of profits either directly or indirectly as a result of using our services.

LMT Forex Formula Review

If you are looking for a Forex program that gives you expert advice on profitable trades, but does not take away the reigns of trade from your hands, you need to look no further. The recent trend in Forex programs has been Forex robots that take control of the entire trading process and not only select the trades, but also conduct them. Most traders are not comfortable with such a proposition and they can’t be blamed for their skepticism. Many traders have lost their shirt by placing their trust in Forex robots.
LMT Forex Formula is not a Forex robot and will not take over your entire trading process. Instead, it will select the most profitable trade opportunities and conduct 4 checks on them. All you need to do is look at the 4 checks and decide for yourself whether or not you would like to put your money on it. If you choose to go ahead with the trade, the program will carry out your instructions. What’s more, it will also provide you with tips to close the trade at the right time.
The best thing about the LMT Forex Formula is that the control over your trading remains firmly in your hand. LMT Forex Formula manages to combine cutting edge program algorithm with human touch, a rare to find commodity anywhere in the world. With LMT Forex Formula, you need not worry about losing all your hard earned over a glitch in the algorithm.
LMT Forex Formula comes from Dean Saunders who is an established trader and a reputable expert. His previous Forex products have been a great success and LMT Forex Formula also promises to be one. Do not get fooled by Forex robots, place your trust in a leader who is known to show the path of success to those who follow him,

LMT Forex Formula Review, It's a scam?

With so many new Forex products coming into the market every day, it can be difficult choosing one that will be as effective as you would like it to be. Most Forex products promise unbelievable results and prey on people who are new to the industry because of their vulnerability. If you are looking for a Forex product that you can trust, you should get LMT Forex Formula.
LMT stands for Low Maintenance Trading, and that is exactly what the program offers. It is a program created by one of the most established names in the industry- Dean Saunders. Saunders is the author of many other Forex products in the past, all of which are known to be effective. That is one of the main reasons that make the program trustworthy.
The other main reason to trust the program is that it is not a Forex robot. Forex robots are a highly risky proposition as they take over the entire trading process. There is no human input to the program and it only runs on an algorithm. Algorithms may not always give accurate results, which could means thousands of dollars in cash for you. LMT Forex Formula does not trade on your behalf. Instead, it uses its algorithm to identify the trade, but only goes ahead with the trade once you have given your confirmation. And, the program also helps you decide whether or not a trade is profitable. It provides you with 4 checks and if the checks are satisfactory, you can go ahead with the trade.
The best thing about LMT Forex Formula is that it only deals with trade that can make over 100 pips. So, you will only have to look at a few trades a week as opposed to many trades throughout the day. This makes it easy even for a part-time trader to make money.

LMT Forex Formula - Does It Really Work? Worth It?

Trading in the Forex market is becoming a popular option for people looking for an alternate source of income or even some extra cash to tide them over in these stringent times. However, the Internet is full of bogus products that claim to help you make tremendous profits in the Forex market. Many investors have lost huge amounts of money trusting these Forex programs and are undoubtedly skeptical about trying out any such product.
LMT Forex formula is one of the latest Forex programs in the market. What makes it any different from other products in the market? Well, to begin with, LMT Forex Formula is created by one of the most legendary traders in the Forex market- Dean Saunders. Saunders’ credibility and reputation is well established and anybody can see for themselves the amount of success he has had in the past. Also, Saunders has already also established a fine reputation and a Forex Expert. He has created other Forex programs in the past and all of them are known to be extremely effective. The Dean Saunders brand is enough to place your place in the product implicitly. But, that is not the only reason you should invest in this product. There are many unique features of this one-of-a kind product that make it irresistible. Here are some of its many features:
* LMT Forex Formula does not automatically trade for you. Many investors have suffered losses with programs that carry on the entire trade on their own without any input from the user. By the time, the user can control the trading; he has already many pips shorter in his account. LMT Forex formula, on the other hand, identifies profitable trades and sets them up for you. Only if you feel comfortable with the trade, do you need to proceed with it.
* You can trade in 10 different pairs with LMT Forex Formula. This provides the versatility required to find a profitable trade, but does not dilute the effectiveness of the program with too much additional information. By focusing on 10 pairs, you will get the expertise to make profit on them in no time.
* LMT Forex Formula comes with a 47 page manual. This manual gives you all the information you need to get started with LMT Forex Formula. Even if you are a complete Newbie, you will find the manual extremely easy to read and even easier to follow.
You do not need to be a full time trader to make satisfactory use of the LMT Forex Formula. All you need is about 10-15 minutes of time on a daily basis. The LMT Forex Formula provides you with 4 checks for every trade and these 4 checks are all that you need to look into everyday. If you are satisfied with the checks, you can go ahead with the trade. Apart from that, you simply need to keep an eye on your existing trades and close them when the system recommends it.