![]() I highly recommend Forex Tester 4 to both beginners and to more experienced traders. There is an online tool available that will convert the mql4 file to Forex Tester 4 file. However, those indicators have to be coded in Forex Tester's file format. There is a possibility to add custom ones. It offers almost all the most popular indicators. You can trade from the chart, enter marketing and pending orders, set stop loss, and take profit levels. I like the variety of options that are available for setting the speed of the testing process. The application interface similar to MetaTrader's, so most Forex traders will quickly learn how to use it. When I install it for the first time, I needed less than a minute to realize how to start the backtesting process. The application itself is very intuitive and easy to use. It is available at a very affordable price. ![]() It is a very powerful trading simulator that is especially good for manual trading strategy backtesting. Forex Tester 4 is definitively the best backtesting application in the market.
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