Forex Kei: Unveiling The Strategies Of Kei’s Successful Traders – Be sure to check “I have a coupon code” at checkout and enter the coupon code to receive 5% off the sale price. This also applies to purchasing an upgrade.
No matter how much you know about the markets and indicators, you will never be a profitable trader or even a profitable trader because experience is more important. Output is the best way to learn more than input.
Forex Kei: Unveiling The Strategies Of Kei’s Successful Traders
After experimenting with enough numbers in the statistics, you can see the overall profit rate, risk reward ratio, withdrawal, etc.
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I advise everyone to test the strategy at least 100 times before implementing it in the real market, otherwise you can easily lose confidence when you start losing the strategy without knowing how to adjust and improve it in the real market.
However, it easily takes weeks or months to get enough results from 100 trades. With Forex Tester, you can not only select different markets up to the previous month, but also enter forward/backward, enter/exit trades, stop losses, and wait orders on multiple timeframe charts with your trading statistics. broker.
In addition, Forex Tester 5 offers new features such as an interactive Forex course, new indicators and symbols, new charting tools and other features that support traders to backtest effectively.
The forex tester has been a great tool for me since I just started trading. It was a colleague who introduced me to forex trading and I started my journey with hope. While reading books, watching videos, attending seminars etc. I have found that it takes time to implement a strategy, especially when I try to do it in real moving markets, I usually have 3-5 opportunities a day. Then I did some research and found the forex tester. I see the charts in real time and was able to test my strategies by simulating the execution and closing of trades using built-in statistics.
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If you are still new to trading, you should have more and more trading opportunities, get used to them and build confidence. Without Forex Tester, I would not have been able to continue my journey.
I started my forex trading journey as a part time trader. I worked around the clock and trading time was limited. Sometimes I get really tired and decide not to even look at the charts. And even though I looked at the charts, the opportunities weren’t always there. I then run the Forex Tester and shadow trade to prepare myself for the real opportunities that arise in the real market.
I think one of the biggest problems for a trader is the fear of loss. We are here to profit, but if you keep losing, you will start to feel frustrated, disillusioned and eventually lose confidence. So, to make sure your system works in the long run, you have to get used to losing trades in some sense. And Forex Tester can be a great helper to visualize trading in a wider range so that you start not to worry about multiple losses with reversal/advance charts and checking the exact entry/exit time as well as stop loss strategies .
You can add practical notes to the table. You can also move through the table by double-clicking.
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Depending on your strategy, stop loss, position size and profit level can be controlled while executing trades.
Forex Tester offers 5 free Forex courses. In 32 chapters, you will learn the basics of the forex market, buy/sell pairs, pending orders, pips, leverage, margin and more. as you learn the basics of the Forex market. with mini quizzes in each chapter. I went through all the chapters and I would say it is worth it if you are new to Forex.
Compared to Forex Tester 4, Forex Tester 5 offers more indicators and symbols for your analysis. You can also install new indicators and use them for backtesting.
Charting tools are also updated in Forex Tester 5. The pop-up chart tool makes analysis much easier than Forex Tester 4.
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This is one of the new features that is very powerful. You can easily jump to past or previous charts by entering the date and time.
Instead of going to the order button and entering all the information, you can trade with one click using custom shortcuts.
They will teach you how to start a backtest, how to open orders, how to add indicators, how to run an EA, how to download historical data and how to start a new project, etc. it takes about 30 minutes to complete.
1. The FT5 has a reverse candlestick function and I have found this function invaluable. When I bought some backtesting tools in 2012, I thought that backtesting was an experiment to read the future market, so there would be no point in going back. But now I found this feature very useful for memorizing good trading patterns and improving losing trades.
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3. You can set 20 test speeds. A slower setting can display charts as if you were watching the market move in real time.
4. You can test tick data at an additional cost. If you buy only Forex Tester 5, you will only have 1 minute of data, but no recording data (less than 1 minute). If you want to test price action on lower timeframes in M5 or M1, I recommend getting a VIP subscription.
5. Entrances and exits are marked on the map. You can also go to auctions by double-clicking the trade history, which allows you to review past trades in a time-efficient manner.
6. You can save different projects depending on your strategies so you can easily compare the results with other strategies. You can also reopen an existing project and continue backtesting.
Forex Tester 5 (with Coupon Code)
1. Lines and objects are automatically synchronized in different time frames, but you can’t do it otherwise, for example, draw lines only on daily and weekly time frames, put Fibonacci retracement only on M15, etc.
2. Colors of lines and objects are also automatically synchronized in different time frames. It would be very easy if we could place objects in different colors in different time frames.
3. If there are more than 4 charts, the tiles horizontally and vertically will be converted to grid tiles. It would be great to have a “tile grid” option, while horizontal and vertical tiles work regardless of the number of graphics.
After several years of experience, I would say that Forex Tester is an excellent tool to complement my strategy. Without him, it would have taken me longer to build confidence in my strategy as well as risk management and psychological management.
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Simply scrolling the charts back and forth across multiple time periods at the same time certainly saves time getting used to looking at charts at different scales. Not only that, simple management of opening and closing trades with stop-loss, profit and detailed reporting will help you review trades and improve your strategies.
Whether you are a part-time or full-time trader, Forex Tester is an absolutely great confidence-building tool if you want to save time.
The main difference between the 3 types is the information you can download, such as news or market price data. That is, its function, drawing tools, number of indicators, etc. Does not matter. Also, the newly introduced AI-based Strategy Optimizer optimizes the best parameters for auto trading programs and offers standard and super advanced algorithms.
5. Shows only the second/fourth decimal point (usually the third/fifth). For example, EURUSD is showing 0.8985 and the accuracy is decreasing
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Below is my recommendation depending on your trading style. Note that you can only test multiple pairs in the base type, as well as gold and silver. So if you want to try other markets, choose Standard or Super type.
I recommend scalpers visit Super Type where tick data as well as variable spread data are available for download. It is better to choose this type for those who trade and exit based on lower timeframes.
If you don’t check the candlesticks from M1 to M30, the standard type can be both an option and a super type, because the above H1 charts are very accurate.
If you use H1 or higher time frames for analysis and trading, then Standard is a good choice.
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If you are only testing daily or higher time frames, the basic type is a good choice. However, note that you can only test a few markets as mentioned above. It also takes longer to download free data than it used to. Welcome to my profile page! My name is Kei, pronounced just like the letter “K”, and I am a professional forex trader and mentor based in Dubai (formerly Tokyo, Japan). Here I share everything about myself, including my upbringing, my journey to study psychology in the US, my time living in Sedona, Asia, and how I became a successful forex trader after returning to Japan.
I also share my personal forex profit history, thoughts and strategies on this site
