The Forex Best Backtesting Software Thus Far!
In this video, I share what I consider to be the best backtesting software for Forex thus far. Soft4Fx Forex Simulator is a plugin for MT4. You add it to the data folder as explained in the video. This will allow you to do your backtesting in MT4 and track the data from the trades you've taken.
Software Mentioned: Soft4Fx Forex Simulator
A more expensive alternative (to what I consider the best backtesting software) is Forex Tester 3, reviewed here: Validate your Forex Trading Strategy with Forex Tester 3.
Note: this video post is part of a multiple-part series on backtesting an improved version of my strategy with Heikin Ashi. If you want to see the complete series, head over to the Youtube playlist.
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My name is Etienne Crete (from Montreal, Canada). I'm a swing Forex trader (who has the chance to travel the world anytime) and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
You see, a lot of aspiring Forex traders lack the confidence to pursue their dreams. I'm there not only to help you develop Forex trader confidence but also to implement the tactics that are proven to give you results.
I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That's why you can expect more free content from me than what other people charge for!
I run experiments on a consistent basis – like this one with Heikin Ashi candlesticks. Those experiments are key to long-term success in Forex trading.
If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you're good at.
All Products Used In This Video
Thank you for trusting me with my truthful and reliable opinion on any future purchase you may make. I always disclose this information when it is the case. As part of the Desire To TRADE family, you allow me to be able to use affiliate/referral links when suggesting items for purchase. As a customer of the products I refer, you help me sustain the time and resources to create content on this channel by generating revenue from your sales. This doesn't affect you in any way in the checkout process (I'm sometimes even able to arrange a discount for you that is special from other customers).
If you are aspiring trader looking swing trading Forex, you might want to consider checking out the Desire To TRADE Academy where I’ll help you do precisely that while developing a lifestyle you love!
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