In the fast-paced world of trading, developing an effective strategy is essential for success. But, no matter how strong a trading strategy looks on paper, its effectiveness must be proven before you start risking capital in the live markets. This is where testing comes in—particularly through the processes of backtesting and live trading. Backtesting allows…
We’re thrilled to announce an update to our Practice Simulator tool that enhances its versatility for all types of traders. Originally designed as a comprehensive tool for backtesting and simulated trading, Practice Simulator now goes beyond just being a simulator. You can seamlessly transition from simulated trading to live trading within the same platform, using…
To achieve success in FX trading, it is essential to refine your strategies through rigorous backtesting using historical chart data. However, real-time trading carries risks, which can be overwhelming, especially for beginners. That’s why I’m excited to introduce PracticeSimulator, a tool that allows you to test your trading strategies risk-free, as many times as you…
When you backtest an expert advisor in strategy testing, the broker calls the data from its servers. This part is a little bit tricky. What most people are not aware of is that brokers store sort of ‘shaved data’. That is, brokers do not store 100% of live tick data flow in their servers. As…