How to Get Trading Experience Faster using a Trade Simulator - Page 3

jturns23 · #21 (**permalink**) 03-11-2008, 06:42 AM

Can this be used for EA's also, or just manual trading systems?

Linuxser · #22 (**permalink**) 03-11-2008, 10:26 AM

Quote:

Originally Posted by jturns23

Can this be used for EA's also, or just manual trading systems?

Well, the idea is to test you manual trading but could help with some EA if you decide to take signals manually.

cutzpr · #23 (**permalink**) 03-16-2008, 05:39 AM

The only draw back is that certain indicators dont work with the past data.

tivans · #24 (**permalink**) 03-16-2008, 10:17 AM

Waoooww... it's very hrlpful. thanks a lot..

zenocorp · #25 (**permalink**) 03-22-2008, 09:09 AM

how can i run 2 charts at the same time?

lets says i want to do simulation for the month of February 2008 and i want to do it on GU 1 hour and 4 hours time frame. how can i run both charts at the same period of time?

Linuxser · #26 (**permalink**) 03-22-2008, 03:25 PM

Quote:

Originally Posted by zenocorp

how can i run 2 charts at the same time?

lets says i want to do simulation for the month of February 2008 and i want to do it on GU 1 hour and 4 hours time frame. how can i run both charts at the same period of time?

With two Metatrader running together you could do it.

FseXy · #27 (**permalink**) 03-22-2008, 03:30 PM

Quote:

Originally Posted by Linuxser

Well, the idea is to test you manual trading but could help with some EA if you decide to take signals manually.

Can you please explain to me if this is for use for live traders or just ones practising?

I only need it if I can get it to test more accurately, otherwise I see no other use, in the PDF I see images of backtester, hmm.....we already have this....

Thanks. And can I run this under my live trading account without any problems?

zenocorp · #28 (**permalink**) 03-22-2008, 03:32 PM

Quote:

Originally Posted by Linuxser

With two Metatrader running together you could do it.

but i think the data feed is slightly different. i use interbank, i tried lite forex before, but it seems like the are a bit different in candly and price movement. i guess it is the data feed from the two brokers..

anyway, this tools is great!....i cant help myself to stop using it...
im testing my system recently.

FseXy · #29 (**permalink**) 03-22-2008, 03:37 PM

zenocorp have you tried using FXDD or Alpari UK. Their demo accounts are more closer to real price 99% of the time I found when using demo accounts.

Linuxser · #30 (**permalink**) 03-22-2008, 03:41 PM

Quote:

Originally Posted by FseXy

Can you please explain to me if this is for use for live traders or just ones practising?

I only need it if I can get it to test more accurately, otherwise I see no other use, in the PDF I see images of backtester, hmm.....we already have this....

Thanks. And can I run this under my live trading account without any problems?

This tools runs embedded within backtester as any EA do. It´s not another MT4 feature, it´s just backtester running with a special setup.

This tool is for everybody who want to practice manually or test some strategy no matter if they're real or demo traders.

I suggest you to always open a demo for testing purposes. It´s to dangerous to play with the same real account.

Quote:

Originally Posted by zenocorp

but i think the data feed is slightly different. i use interbank, i tried lite forex before, but it seems like the are a bit different in candly and price movement. i guess it is the data feed from the two brokers..

anyway, this tools is great!....i cant help myself to stop using it...
im testing my system recently.

Install two matatraders from the same broker. Just be careful to select different installation paths and you would have IBFX1 and IBFX2. Even you don't need to open a new account with the second installation, just use the username and password from the first.