Pivot Points Analyzer Optimizer and Simulator GUI redesign – coming soon

Next release of Smart Forex Tester Suite will deliver the Optimizer for our Pivot Points Analyzer algorithm. We’ll release it in the mid-March.

In addition this release will feature the redesigned Simulation GUI.  Below is the prototype picture. pivot points analyzer optimizer in Smart Forex SimulatorStay tuned and monitor your emails for the release email.

If you are not yet our subscriber, subscribe now – it’s free.

Smart Forex Tester saves ticks on-the-fly

Smart Forex Tester saves ticks locally on-the-fly any moment you click the Save ticks button. This feature is available when you run the Tester standalone in online mode, or connect it with MetaTrader.

The main use for this feature is to use stored price data later for backtesting.

smart forex tester saves ticks
Smart Forex Tester saves ticks from Meta Trader connection

The figure shows how we can have Smart Forex Tester save over 200K ticks that it has acquired running for 2 days with connected Metattrader data feed.

This feature requires premium license.

MetaTrader connector is released

Now you can feed the real-time data from your MetaTrader terminal to the Smart Forex Tester.

This is achieved with the help of MetaTrader connector – a special proxy EA that is attached to an MT chart.

The connector sends ticks into the Smart Forex Tester and receives the responses from the Tester.

The responses are either Pivot Points Analyzer signals or trading commands generated by an automated strategy.

MT connector requires Smart Forex Tester version 1903.0910.33 or newer.

You can download the connector here.

(The connector works if you have a premium license installed).

Smart Forex Simulator integrates with MetaTrader

Our new Smart Forex Simulator can connect with MetaTrader (MT).

In addition, the new product inherits all the functionality of the Forex Simulator Plus. However, it is the MT integration feature that takes the Simulator to the next level.

First of all, before the integration, the Simulator could only work on Forex. Now you can practice on any other market that your broker provides.

In addition, the Simulator can store the real-time prices from the MT data feed on your computer. So, later you can run the Simulator offline and use the data you saved. Which is quite handy during weekends when there is no active trading.

However, the main benefit the MT integration will give you is signals. Namely, now you can export the Pivot Point Analyzer signals to MT. What is important, the signals are real-time. The Simulator receives a tick from MT, and if this tick triggers a signal, MT will receive it in the response for this same tick.

This is the main reason why we call the new simulator “Smart”. This unique feature turns the simulator into a powerful real-time market timing tool. Which you can use in both practice and real trading.

Read more about Smart Forex Simulator.

To decide on which of our product family is best for you, take a look at the feature breakdown table here.

Free Licenses through our Bonus Program: starting now – share the word!

Want a Premium License for FREE? Spread the word!

We’ve launched our Bonus Program.

Grab a free premium product by just inviting your friends to try our free software.

The idea is very simple. You install our free software and it generates you a personal link, which you share with your friends. Any time somebody installs the software and activates a free license, you will get one Bonus Point*. When you collect enough points, you can get a premium license for free.

All what your friends need to do is just to subscribe, install and try the software. No obligations whatsoever.

It’s a win-win – if you share with all who needs our tools.

This is actually the main reason why we are doing it.

Because our main goal is to make our software as good as possible – ASAP.  And we can develop faster, if we don’t have to spend our limited resources on marketing. So, eventually, you will benefit, as well – because you’ll get better software sooner.

You see, it’s again a win-win!

The picture below shows how the Bonus Program works:

Free license through Bonus Program
Free license through Bonus Program

To participate in the Bonus Program, you need the software version 1806.1800.04 or later (it has the new Bonus tab).

If your installed version is older, update your software.

If you haven’t installed the software yet – subscribe here and download. The software is free for our subscribers (subscription is free as well).

NOTE  viewing the list of your Bonus Points will be implemented in the next builds. But all the points are counted already now, so please start sharing!

*) you get a Bonus Point when a new subscriber installs the free software on his/her computer and activates any free license.

Current rules of the program is that when you collect 5 Bonus Points, you will get a free Forex Simulator Plus license ($47 value!)

We will constantly monitor and evaluate the success of the program and will add more options as we progress.

Smart Forex Tester Suite Products: License Comparison Chart

Update 07/17/21: The feature table is outdated!
We are working on the update – check back shortly.

Smart Forex Tester Suite products provide a set of advanced tools for developing and testing your trading strategy.

The products can be used for manual trading simulation and trading automation with the standard C++ language. Testing is possible both on real live prices and offline.

The license comparison chart below shows the features enabled in each product included in the Suite (click on the image to enlarge).

Smart Forex Tester Suite Products and Licenses
Smart Forex Tester Suite Products and Licenses

Different products included in the Suite provide different combinations of data feed and trading automation level.

Any Forex strategy testing tool must have two key elements: a source of market data and a trading commands execution mechanism.

A trading strategy can be executed either manually, or automatically. The data feed can be either real-time price quotes from a live data feed or historical prices stored in a file.

Free Products

Online Trading Simulator streams live real prices to practice the manual trading when the Forex markets are open.

Offline Trading Simulator renders historical data to make it possible to practice the manual trading even when the markets are closed.

Free licenses are available with free subscription.

Premium Products

Smart Forex Tester Suite is the top of the line product that includes all available features with more to come.

Buy Premium Products.

Smart Forex Tester Suite usability improvement: Toolbar

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:

smart Forex Tester usability
smart Forex Tester usability improved

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.

Free Software Licenses – The Difference Between New Free Products

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!

Help us to improve and win Smart Forex Tester Suite Ultimate!

[update March, 23: the raffle is completed. The results]

We value every feedback we receive from you and use it in prioritizing our development.

Now we would like to ask your opinion on the software usability.

How could we make it better?

Send us an e-mail with your feedback or just post a comment on this page.

Everyone who will make a concrete improvement suggestion will take part in a raffle – we will draw a premium license for the Smart Forex Tester Suite Ultimate (plus free updates for life)!

We accept the suggestions until March, 21.

Please also vote in our poll!

What to improve in Smart Forex Tester - select 2!

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What is Smart Forex Tester and how to use it

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.

 

Smart Forex Tester - how to use
Smart Forex Tester: Products

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.