FX Blue Trading Simulator for MT5

FX Blue Trading Simulator for MT5
Author: fxblueOnline user guide

The FX Blue Trading Simulator converts the MetaTrader 5 Strategy Tester Visualization into a tool for practising manual trading using historic data. You can use the Simulator to test how well you would have fared under particular historic market conditions.

The Simulator lets you place market and pending orders, set trailing stops, alter the s/l and t/p on orders by clicking on the chart, save complex order definitions as templates, quickly close all open orders, plus many more features which are not available as standard in MetaTrader 5.

The results of a simulation can be published to the FX Blue website, giving you access to the full FX Blue reporting and analysis functionality.

Please note: the MT5 strategy tester currently has limitations compared to MT4 visual-mode testing. MT5's Strategy Tester Visualization window does not yet have any options for adding technical indicators to a chart, or for drawing objects such as lines, Fibonacci retracements etc.

If you want to use technical indicators in your simulation, you will need to use MT4 and our MT4 Trading Simulator until this functionality is added to MT5.

However, the MT5 Strategy Tester Visualization does have some facilities for multi-symbol simulations, which MT4 does not support at all.

Free download
Requires registration - free
Price:
FREE
FX Blue Trading Simulator for MT5
Author: fxblueOnline user guide

The FX Blue Trading Simulator converts the MetaTrader 5 Strategy Tester Visualization into a tool for practising manual trading using historic data. You can use the Simulator to test how well you would have fared under particular historic market conditions.

The Simulator lets you place market and pending orders, set trailing stops, alter the s/l and t/p on orders by clicking on the chart, save complex order definitions as templates, quickly close all open orders, plus many more features which are not available as standard in MetaTrader 5.

The results of a simulation can be published to the FX Blue website, giving you access to the full FX Blue reporting and analysis functionality.

Please note: the MT5 strategy tester currently has limitations compared to MT4 visual-mode testing. MT5's Strategy Tester Visualization window does not yet have any options for adding technical indicators to a chart, or for drawing objects such as lines, Fibonacci retracements etc.

If you want to use technical indicators in your simulation, you will need to use MT4 and our MT4 Trading Simulator until this functionality is added to MT5.

However, the MT5 Strategy Tester Visualization does have some facilities for multi-symbol simulations, which MT4 does not support at all.

Free download
Requires registration - free