Create and test Forex market investment strategies on your own with minimal effort using this lightweight and reliable application.
- Forex Strategy Builder Professional
- Version :3.8.1
- License :Trial
- OS :Windows All
- Publisher :Miroslav Popov
Forex Strategy Builder Professional Description
Since more and more websites hold collections of forex trading algorithms that help you analyze stock markets, Forex Strategy Builder Professional provides you with the means to establish your own strategy based on your trading preferences and preferred broker markets.
Building a feasible strategy gives you the possibility to make money by determining the overall market direction of a currency, then trade in the same direction.
Forex Strategy Builder Professional uses in-depth technical analysis and professional tools to dissect forex trading strategies, it provides you with a strategy Editor, Generator and Optimizer to perfect your market plan of action.
Build and test various forex strategies
Before establishing a strategy, you need to create an account by selecting the currency, be it USD or EURO, the initial amount of money you want to invest, the leverage ratio, the data source and exchange symbol, and optionally your account’s exchange rate.
After initializing the application, you have the possibility to build your strategy based on a few predefined demo samples including Bollinger ADX, Ichimoku Kinko Hyo, MACD Reversal, Trading the News (NFP), Optimizer, Weekly Trading, Comparator and Test Trade, just to get you started.
To further guide you, Forex Strategy Builder Professional includes a Data Source preset, ‘FSB Demo data’ and a set of historical data files in CSV format for demonstration purposes. Once you are familiarized with all the information required to create a data source, you can add a new one by specifying the data directory location.
Balance/Equity and indicator charts help you decide how much capital you can use to trade in order to reach a positive outcome. Trade journals allow you to predict where prices are likely to go and when it is the right time to trade.
Effective forex strategy tester
All in all, Forex Strategy Builder Professional is a comprehensive software application that allows you to efficiently test forex strategies, providing you with accurate technical analysis to evaluate current market currency exchanges. Additionally, its intuitive interface allows you to easily create, backtest and test strategies using a single application.