Forex Backtesting 5.3.1

Forex Backtesting 5.3.1

Yoshinobu Ikeda – Freeware – Android iOS
out of 53 votes
Latest Version
5.3.1
image/svg+xml EXCELLENT User Rating

Review:

Using historical data, this app allows users to trade at their own pace without any need for waiting. There is no registration required; simply download the app and get started. It provides an opportunity to get familiar with the currency market without any risk. The app is designed to be user-friendly, catering to both beginners and advanced traders.

Whether you are new to forex trading or have years of experience, this app provides the ability to practice trading in a game-like environment at any time and place. It is perfect for verifying trading strategies, analyzing past data, and refining your trading instincts. Various technical indicators such as moving averages, Bollinger Bands, RSI, MACD, and more are supported. The app also offers a line drawing function, making it ideal for testing line trades. It allows users to set spreads and time zones, creating a realistic trading experience.

Key Features:

  • No membership registration required
  • Built-in historical currency data for major currency pairs including USD/JPY, EUR/USD, GBP/USD, EUR/JPY, GBP/JPY, AUD/USD, EUR/AUD, EUR/CAD, EUR/GBP, USD/CAD, and USD/CHF
  • Supports candlestick intervals
  • Allows adjustment of data date and time settings
  • Includes line drawing function for technical analysis
  • Enables setting of trading lots
  • Supports various technical indicators
  • Allows setting of asset holdings
  • Offers spread customization
  • Enables adjustment of time zone settings
  • Allows zooming in and out of the chart screen
  • Includes volume display functionality
  • User-friendly and visually appealing UI
  • Offline usability

Overview

Forex Backtesting is a Freeware software in the category Business developed by Yoshinobu Ikeda.

The latest version of Forex Backtesting is 5.3.1, released on 04/06/2024. It was initially added to our database on 02/11/2024.

Forex Backtesting runs on the following operating systems: Android/iOS.

Users of Forex Backtesting gave it a rating of 5 out of 5 stars.

Pros

  • User-friendly interface that makes it easy to navigate and use
  • Allows users to backtest their forex trading strategies using historical data
  • Provides detailed analytics and reports to analyze the performance of the strategies
  • Supports multiple data sources for accurate backtesting results
  • Offers customization options for parameters and variables for testing different scenarios

Cons

  • Limited feature set compared to other more comprehensive backtesting software
  • May have a learning curve for beginners in forex trading and backtesting
  • Does not offer real-time data for live testing of strategies
  • Potential for bugs or technical issues that could affect the accuracy of backtesting results
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