Forex Simulator | Soft4FX
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.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.Forex Simulator works as Expert Advisor for Metatrader 4.
Soft4FX Forex Simulator coupon code
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 does not use any historical data stored by Metatrader, since it is usually low-quality data. Instead, it lets you download and use high-quality tick data from Dukascopy and TrueFX.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.Unlike other trade simulators, our software lets you use as much as 10 years of real tick data with real variable spread.
error appears when I try to download data in the Data Center
Soft4FX Forex Simulator simply lets you download and use their tick data in convenient way.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 type of charts you ever needed in one place:You have access to current economic news releases at any time during the simulation.
Soft4FX Forex Simulator - Setup
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 future.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.
Forex Simulator | Soft4FX
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.The simulator is capable of drawing charts in one of two modes: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.
Free Practice Account
The importance of NY Close charts is better described in Nial Fuller’s article.The simulation can be saved to a file and loaded at a later time.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.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.Following automatic rules can be applied to any trade: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.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.Demo version has all features of full version, except it is limited to making only 5 trades per simulation. Loading saved simulations is also disabled.Payments are processed by PayPal. Most credit and debit cards are accepted.We strongly suggest to test the demo version of the simulator with your favourite indicators before buying it.
Key to Success in Forex
Read more about known problems with custom indicators and possible solutions in Troubleshooting section.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.
Forex Simulator | Soft4FX
Learn Forex trading quickly with Forex Simulator.
Improve your trading skills, eliminate bad habits and gain experience with our new MT4 simulation software.
Turn Metatrader 4 into a powerful Forex trading simulator. Replay the market and trade historical data. Practice and gain experience quickly and efficiently.
Concepts: Simulation, Computer simulation, Operations research, Simulation123, Mathematical model, Trade, Foreign exchange market, Futures contract
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Tags:Forex Simulator, Forex trading simulator, historical data, important moments.Forex Simulator, time.Our Forex trading, powerful trading simulator, York Close charts, New York Close, economic news, Forex major pairs, Soft4FXLearn Forex trading, tick data, powerful Forex trading, simulation software.Turn Metatrader, Troubleshooting section.The simulator, Forex Factory, high-quality tick data, real tick data, custom timeframe charts, quality tick-by-tick data, best free data, trading Forex, system.Forex Simulator, certain market conditions, candle-by-candle.The simulator, NY Close charts, built-in MT4 indicators, Nial Fuller, Expert Advisor, trade historical data, economic calendar, current economic news, great charting capabilities, 2-day chart.All type, main stock indexes, real variable spread, new versions.Demo version, Foreign exchange market, risk-based position sizing, gain experience, lot-based position sizing, paper trading, demo trading, offline charts, low-quality data, GMT charts, daily charts, non-standard indicators, trading skills, price movements.No
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