Author: forextester

The Smart Forex Tester Suite usability is drastically improved starting from the release we published today (Build ID: 1805.2010.26).

Instead of multiple data feed control buttons scattered on different tabs, now we have the toolbar that is visible from every tab. Here’s how it looks:

To make the user experience even better, we also added the Online and Offline buttons to select the data source.

• To test on the live market data feed, press Online button. The currency pair selector becomes active. Select a pair.
• To back test on historical data,  press Online button. Click the File icon and select a tick data file. You can also try sample prices available on Data tab. Select the date and time when to start the test.

Now, the test data is ready.

If you want to practice manual trading, this is all you need – just press the green Play button and data feed will start. You can pause and stop the data feed from any tab.

If you want to test an automated strategy, go to the Strategy tab and prepare your trading automation code and then start the data from the Tester tab. In this case the feed will run at maximum speed and the test report will be shown.

The pivot points you can investigate on the Analyzer tab – former PPA (i.e. Pivot Points Analyzer).  We renamed it for clarity.

Note that the actions described above depends on the license installed. Check the inbuilt help for details.

As we already mentioned, we changed the structure of our free Forex software products.

There were no changes in access rights, though. As long as you remain our subscriber, you can use any free license and switch between them as often as you want.

Below we explain the difference between the functionality included in each of the free software licenses.

1. Online Forex Simulator
   • online data feed for 10 main currency pairs
   • live price data saving locally
   • manual order placement
2. Offline Forex Simulator
   • tick data load from file
   • manual order placement
   • trading server delay
3. Forex Strategy Tester
   • online data feed for 10 main currency pairs
   • tick data load from file
   • live price data saving locally
   • trading server delay
   • offline Pivot Points Analyzer
   • Full C++ environment to develop and test trading automation

The new structure started from the release 1804.0723.35.

If you have older version installed, please update your software!

This way you’ll make sure the products work properly.

Here’s the instruction on free licenses installation.

If you run into any issues with new licenses, contact us immediately!

We often get questions about our Smart Forex Tester – how to use it?

First of all, Smart Forex Tester is a generic name. We have several different products, but they all are included into the same binary, which is called Smart Forex Tester.

You only need to install the software once, and then – for free products – you only need to switch between the licenses, which you can do from the same GUI.

Basic (stand-alone) licenses are free – but you need to reinstall the licenses every time you want to switch between products.

The free licenses are valid as long as you stay our subscriber, and you can switch between them as many times as you want.

Paid bundles add a lot of value because you can use bundle components simultaneously in any combination. Obviously, you don’t need to switch licenses, either.

When you start the software, you will have your free license generated in no time. Just select the product and enter your subscription email.

Here you can read more details how to get a free licence (video guide).

How to use

The main question is what is your use case.

Mainly, are you going to test a manual strategy or use trading automation.

For the manual trading you need the Simulator. Check out this guide.

If you want to test an automated strategy, the instructions are here.