How To BACKTEST a Forex Strategy in 2022 with Forex Tester 5

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  • Опубликовано: 8 сен 2024

Комментарии • 86

  • @youcefmenacer3017
    @youcefmenacer3017 Год назад +1

    forex tester is awsome you can trade anywhere without connexion

  • @shadrackkiban4716
    @shadrackkiban4716 2 года назад +11

    This feels like a game , very gamified , I find it hard backtesting on tradingview, because I go through multiple time frames....this looks promising

    • @ForexTesterSoftware
      @ForexTesterSoftware 2 года назад +3

      Forex Tester allows you to open any number of charts for any currency pairs after you download the data and create a project. All these charts can be of different timeframes. All the charts are synchronized in time and move simultaneously (like in a real market). This will allow you to test your strategy on several timeframes or currency pairs at the same time.
      To open multiple charts, please use the "Charts ->New charts" ("File -> Add new chart") menu. Note that if you have a system with multiple screens, then you can drag the charts outside of Forex Tester's main window, so you can see different charts on different screens.

  • @sheilanfc
    @sheilanfc 8 месяцев назад

    Great content! Thanks for sharing i am still learning in the Nusantara fx community

  • @newmanchibango6564
    @newmanchibango6564 2 года назад +6

    Good content brother. I am really grateful of the content we are growing as well. Much support from Zimbabwe

    • @MichaelBamber
      @MichaelBamber  2 года назад +1

      Thank you brother! I appreciate you!

  • @ntandomission4782
    @ntandomission4782 2 года назад +2

    you and Mark are my inspiration from South Africa

  • @One_Andonly-Zulu.1
    @One_Andonly-Zulu.1 2 года назад +2

    Bro I was not going to trade for a while cuz I was in a bad place in trading but after watching this am gonna try again.

  • @cosmasmutuku8736
    @cosmasmutuku8736 2 года назад +1

    What is the use of this because I see no patterns, no technical analysis.... How do you know what you are doing? Please assist.

  • @mashhud10
    @mashhud10 2 года назад +2

    This looks good bro! Will have to give this a go!

    • @MichaelBamber
      @MichaelBamber  2 года назад +2

      It's good bro, especially when you're looking to go back in time due to Tradingview data not allowing so

    • @mashhud10
      @mashhud10 2 года назад

      @@MichaelBamber Does this work without parallels bro?

  • @tflipper
    @tflipper 2 года назад +2

    i have been waiting this for a year

  • @darktrader.x01
    @darktrader.x01 Год назад

    I had some questions, please.
    1. Could I backtest automatically in FT5?. Which programming language should I use for that?.
    2. Would be „better“ Forex Tester 5 or Tradingview for backtesting?. I already have the full suscription in Tradingview (Pro).
    Thank you in advance!

  • @SpiffBanks
    @SpiffBanks 2 года назад

    Hi Michael B., my name is Spiff from America! I was wondering do you journal your trades while you backtest & How do you memorize the patterns you took while backtesting and then implement them onto the live charts? Not too many traders discuss the mesmerizing process when it comes to trading. Get back to me when you can!

  • @vinayakchougale4312
    @vinayakchougale4312 2 года назад +1

    Great value as always ❤️

  • @keneilwemokgosi6077
    @keneilwemokgosi6077 2 года назад +1

    What is the name of your strategy...? U are rocking it bro

  • @MarcusforexTrading
    @MarcusforexTrading 2 года назад +1

    Michael doing what he loves most, always with sth new.
    can I get the software of windows? should give a try.

    • @MichaelBamber
      @MichaelBamber  2 года назад

      Yeah you can get the software with Windows mate

  • @IAfoke
    @IAfoke Год назад

    Hi mate, first of all, thank you for posting this. I bought this software based off of your recommendation along with another video. I'm using the software on my mac via parallels and the version that I have is pretty pixelated but your interface doesn't seem grainy in the slightest. It really doesn't matter that much because I'm still able to use the software, but I am intrigued as to how you acheived such a smooth finish.

    • @MichaelBamber
      @MichaelBamber  Год назад +2

      Hey mate! Hmm that’s strange. Make sure parallels and windows is full updated that could be a factor in yours being grainy. If it continues, try deleting the application and re-downloading it… that may help. Let me know mate

    • @ForexTesterSoftware
      @ForexTesterSoftware Год назад +5

      Please right-click the Forex Tester 5 icon and select the Properties option.
      After that click the Change high DPI settings button on the Compatibility tab.
      Then check the “Override high DPI scaling behavior. Scaling performed by:” box, set the Application option and click the OK button.

    • @MichaelBamber
      @MichaelBamber  Год назад

      @@ForexTesterSoftware 🙏🏼🙏🏼

    • @rsilva9750
      @rsilva9750 11 месяцев назад

      this worked perfectly for me @@ForexTesterSoftware

  • @user-my9dp2ny3l
    @user-my9dp2ny3l 2 года назад

    Please put some acoustic panels in your room for better sound!!!

  • @chamlingpawanrai
    @chamlingpawanrai 2 года назад

    Is it necessary for beginner traders to put sl in every trades. ?

  • @mochamellow1470
    @mochamellow1470 9 месяцев назад

    Hey, just bought forex tester and realized it only works on PC. How did you made it work on mac?

  • @montimanjhi0074
    @montimanjhi0074 2 года назад +1

    Hi brother , please share the video which strategy you use yo trade the market

  • @mahdirezaiy
    @mahdirezaiy 2 года назад +2

    Nice one :)

  • @miracleoyagbarha9472
    @miracleoyagbarha9472 2 года назад

    Hi Bamber are you not using Falcon strategy anymore?

  • @akinkayode6557
    @akinkayode6557 Год назад

    Can you compare with DXy while you backtest?

  • @maltiopa2979
    @maltiopa2979 Год назад

    dear, can i backtest EA with forex

  • @Precept71
    @Precept71 Год назад

    Hey , Time zones seem a little off, can you tell me what the TZ is for New York in forex tester 5? Much appreciated.

    • @ForexTesterSoftware
      @ForexTesterSoftware Год назад +1

      Hello. All our historical data in Forex Tester 5 and below are provided in GMT+0 time zone by default.
      You can change the time zone when creating a new project in the program. You need to create a new project in the GMT-5 time zone with US Daylight Savings Time.

  • @melbertbautista3842
    @melbertbautista3842 2 года назад +2

    What Forex Tester 5 Data Susbcription you use

    • @MichaelBamber
      @MichaelBamber  2 года назад +1

      Forex Tester 5 and annual super data sub

    • @melbertbautista3842
      @melbertbautista3842 2 года назад

      How long you are using Forex Tester 5

    • @MichaelBamber
      @MichaelBamber  2 года назад +1

      @Melbert Bautista Been using it for over a month now it's been great 🙏

  • @macauleymartins2870
    @macauleymartins2870 Год назад

    Can this forward test like trade on the live market , if no , how long before you get new data

    • @ForexTesterSoftware
      @ForexTesterSoftware Год назад

      FT5 has the “Forward testing only mode” option. In our paid data service, the data is updated as of yesterday.

  • @sisekomaci2930
    @sisekomaci2930 2 года назад

    Good one

  • @jaybanxx
    @jaybanxx 2 года назад

    You don't trade falcon no more?

  • @mohamadchaaban9759
    @mohamadchaaban9759 2 года назад

    I always find it hard to back test using this software. I am based in Sydney and Im trying to trade the break of Asian's High/Low. It is very confusing when creating a project. It would be helpful if you can assist me with that. Thanks

    • @ForexTesterSoftware
      @ForexTesterSoftware 2 года назад

      I think that you first of all need to focus on the time zone in which your broker trades. The new project should be created in such a time zone. In this case, you will receive the same candles as those of your broker.
      You can find how to set the time zone during project creation on our website in the Support section - How to use - New projects.

  • @justinchurch181
    @justinchurch181 2 года назад +1

    does this backtester allow you to see drawings from other timeframes, for example, on SOFT4FX if i place a zone on the m15 then i look for it to come into on the m1 i have to go and redraw eeveryhting i do on other timeframes.... does this actually keep drawing templates from TF to TF like tradingview

    • @allytee
      @allytee 2 года назад +1

      There is an option to activate the drawings in other charts. That window on the top right has the option.

    • @justinchurch181
      @justinchurch181 2 года назад

      @@allytee on SOFT4FX?

    • @asterales425
      @asterales425 2 года назад +1

      @@justinchurch181 yes :)

    • @allytee
      @allytee 2 года назад +1

      @@justinchurch181 yes on Soft4fx. The window on the top right.

    • @MichaelBamber
      @MichaelBamber  2 года назад +3

      Hey brother, yeah the drawing is kept on multiple timeframes. For example, if you draw a H1 Zone, it will still be available when you drop down to the M15/M5 which is handy 🙏

  • @pxprim9987
    @pxprim9987 Год назад

    I can't run forextester 5 on parallels 18 can you suggest me?

    • @ForexTesterSoftware
      @ForexTesterSoftware Год назад

      Please right-click on the Forex Tester 5 icon and set the following properties for Windows 10:
      Run the program as an administrator, Change emulation settings -> Use advanced settings -> Strict self-modifying code support -> Ok.
      Please right-click on the Forex Tester 5 icon and set the following properties for Windows 11:
      1. Run the program as an administrator,
      2. Properties - Compatibility tab -Change emulation settings -> Use advanced settings -> Strict self-modifying code support -> Ok.
      This should help.

  • @johnsonstark6749
    @johnsonstark6749 Год назад

    Hello brother, I'm new in forex tester 5 free version. I'm trying to testing on gold but when I try to place other, it pop up insufficient margin. I'm using only 1% Risk and even I use 0.01 lot size but still same problem. Can you tell me the problem, is that for free version.

    • @ForexTesterSoftware
      @ForexTesterSoftware Год назад +1

      No, this is not due to the limitations of the demo version. We recommend you deposit more money during testing via the Order -> Change Balance (Orders -> Deposit Money) menu to solve this issue.
      Also, you can decrease the lot size or margin value in the properties of a currency pair, to change properties please open Data Center, select the necessary pair, click “Change properties”, change them and then create a new project and start a new test.
      For example, decrease the "Lot size" value 10 or 100 times.

  • @Northanos
    @Northanos 2 года назад

    Bro I can’t run forex tester program on win10 on mac. How can you do that?

    • @ForexTesterSoftware
      @ForexTesterSoftware 2 года назад +3

      Please right-click on the Forex Tester 5 icon and set the following properties: Run the program as an administrator, Change emulation settings -> Use advanced settings -> Strict self-modyfying code support -> Ok. This should help.

    • @MichaelBamber
      @MichaelBamber  2 года назад

      Hey mate you manage to get it working? 🙏🏼

    • @Northanos
      @Northanos 2 года назад

      It’s already work bro thank you so much

  • @Mattiezskux
    @Mattiezskux 2 года назад +1

    Does it work on mac?

  • @normiefx1727
    @normiefx1727 Год назад

    Hey michael bro how i can use it on mac ?? It is free ??

    • @MichaelBamber
      @MichaelBamber  Год назад +1

      No it’s not free mate but you can use it on Mac with parallels and Windows 10

  • @talatechinc4571
    @talatechinc4571 2 года назад

    Is this a free vesion of the software

  • @ntalomathebula8410
    @ntalomathebula8410 2 года назад

    Is there a free version on this platform?

    • @ForexTesterSoftware
      @ForexTesterSoftware 2 года назад +1

      We offer a free demo version instead of a time-limited trial. The limitations of the demo version are as follows:
      1. You can test 1 month of historical data only; after that, you will need to start a new project.
      2. You can't save and load projects and desktops in the demo version.
      3. It is possible to run tests for 1 hour until the test is interrupted (you will have to start the test from scratch).
      There is no time limitation.

  • @arthurfigaro
    @arthurfigaro 2 года назад

    How did u install Ft5 on Mac?

  • @gmbn2204
    @gmbn2204 2 года назад

    Am I wrong or you changed your strategy?

    • @fxmoha
      @fxmoha 2 года назад

      he use SMC

    • @MichaelBamber
      @MichaelBamber  2 года назад +1

      Yeah i changed it a long time ago, but it didn't happen overnight. Took a while to implement things and then evolved things as time went on according to performance and logic

  • @kalappabadiger5999
    @kalappabadiger5999 2 года назад

    When you open again 1on 1

  • @Chedatrades
    @Chedatrades Год назад

    Worst tutorial ever you don't even show us how to reset our balance

  • @PR_BlackMamba
    @PR_BlackMamba Год назад

    harga nya lumayan mahal untuk yang lifetime dan versi super -_-

  • @afsanafawaz4246
    @afsanafawaz4246 2 года назад

    Hi Michael, I just sent you an email, please check that :D