Month: May 2018

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Update 07/17/21: The feature table is outdated!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.