The best programs for trading on Forex and the stock exchange
A selection of Forex programs that will help make your trading more comfortable and profitable. Almost all scripts are free and can be easily installed on any version of Windows.
Forex programs are designers of advisors and indicators, non-standard trading platforms, programs for analyzing the Forex market, calculators for calculating important indicators.
Advisor Constructor
Every trader, having gone through the path of a beginner, sooner or later comes to the conclusion that in order to
trade effectively, he needs to automate his own trading tactics.
We all understand perfectly well that when working manually, the human factor affects the effectiveness of a trading strategy, especially for strategies for which lightning-fast entry into a position without any delay is everything.
An adviser, unlike a person, does not know such concepts as fear or greed, fatigue, inattention, absent-mindedness. Its main task is to carry out the commands that you prescribed to it, and not to decide whether to buy it or not.
Moreover, you will never know whether your strategy is effective or not until you program it and conduct appropriate testing in accordance with all the rules.
NPB Trader terminal
Often, brokers, for the convenience of their clients, create their own trading platforms or provide a wide selection of existing ones.
As a rule, such experiments end in failure, and platforms and certain types of accounts simply become history, all because in the vast Internet community most of the training instructions are tailored specifically for such professional applications as MT4 and MT5.
However, despite the weakness of the applications that are developed by brokers, they very often have certain functions that are not found in the trading terminals we are used to, which makes them more unique and their purpose is aimed specifically at professional players, for whom convenience is paramount.
NPB Trader is a trading platform that is designed for clients of the largest banking broker Nefteprombank.
For the first time, this kind of application becomes available for such operating systems as Linux, Solaris, and all familiar versions of Windows.
Amibroker is a program for maximizing your capabilities.
We've all been in a situation where we've had to spend days testing our trading strategies on different
currency pairs. This is due to the fact that in the MT4 trading terminal it is not possible to test your developments simultaneously on several currency pairs.
And what can I say when in MT4 you have access to a limited set of tools on which you actually need to conduct testing. But what should a trader do if he wants to find out in advance whether he should try his hand at the stock market, futures or index trading?
Most brokers who work in the Forex market simply do not have access to this kind of instruments, not counting contracts for difference, which are so actively offered instead of trading shares. The Forex market is very chaotic and unpredictable, so most of the well-known trend strategies simply do not work on it, when, for example, the shares of a successful company always move clearly in the direction of the company's development, which leads to protracted trend movements.
ActTrader terminal
The variety of different trading platforms that provide the opportunity to conduct convenient
trading via the Internet is simply enormous.
Unfortunately, almost all brokers in our segment prefer only MT4, so many do not even know how much they are losing without trying trading through other advanced platforms.
Most likely, most brokers simply save money by purchasing only one license from a software provider, however, as the popular saying goes: “The miser pays twice.”
ActTrader is a professional trading platform that is very widespread abroad and has excellent functionality for trading on the Forex market.
Program TSTester 2.30
We all sooner or later come to a point when we need to test our own
trading strategy for profitability.
Many people check their own or other people’s developments in real time on a demo account, while the more desperate ones immediately test their experiments on real trading accounts.
However, both the first and second methods are usually very lengthy, especially to say that a trading strategy is effective; it must be tested on various instruments and for at least six months.
TSTester is a program that will help you test your own trading strategy in a strategy tester, and it is implemented as a regular advisor.
Using TSTester, you can test indicators and strategies in visualization mode in your MT4, learn to trade on any instrument and time frame that the trading terminal supports.
QuoteRoom
When creating your own trading strategies and advisors, the main part is testing.
But as a rule, few of us have a complete history of quotes, and even by downloading quotes through your MT4, the testing result will be close to only 90 percent, and not 100 as needed.
For this reason alone, most indicators and advisors give completely different results in a preliminary test than in real trading.
What do you want? If an indicator or strategy is created taking into account unreliable data, can it be as profitable as in the test?
There are also a bunch of additional trading programs that, without a history of reliable quotes, simply lose their purpose. The importance of complete historical data is invaluable for those who use additional applications and constantly analyze price movements based on past data.
Investors Dream.
For many, Bill William has become a kind of idol, since he is probably the first person who so
openly described the history of his journey, shared some trading rules and at the same time revealed his own trading strategy to the whole world.
Most traders who publish books on trading only partially share their own strategy, but Bill is too open a person to hide anything. His books are still used for training, and his trading strategy has been adopted by millions of traders around the world. Don't believe me?
Log into the training program of any broker and you will immediately see that lessons are being taught on the Profinity trading strategy.
MaxProfit is a transaction accounting program.
Whatever textbook on investment and stock trading you open, each of them contains a set of rules,
compliance with which is an integral part of successful activity. One of these unspoken rules is to keep a trader's diary in which you will write down when and what trades you made.
This is primarily necessary so that you can analyze your trading strategy, your method of money management and understand and identify the mistakes that you made during the trading period.
Almost everyone neglects this rule, but even at school, students who have made many mistakes in their assignments work on their mistakes. So why don't you want to analyze your mistakes? Is it possible that a schoolchild performing such a simple task that will help you avoid stepping on the same rake is smarter than you? And he doesn’t lose money like you!
Visual Trading – try your hand!
Today, there are many different ways to test your trading skills.
However, literally in 2008, the only opportunity to test one’s own strength was only a demo account or, strangely enough, real trading. Of course, on a demo account you can easily see your level of knowledge and capabilities, but, unfortunately, for this you will need to spend time at the computer for days.
Visual Trading is a unique simulator for a trader, the main task of which is to teach a trader to work in unpredictable markets with high volatility and minimal information on economic indicators.
The program automatically draws us quotes that contain various figures of technical analysis, as well as news that appears suddenly and entails unpredictable price jumps. Installing the program will not take more than two minutes, since after downloading and launching it is immediately ready for use.
Free Program Trader's Diary
Almost every trader keeps a diary of his own transactions; this is necessary in order to track patterns and keep trading statistics.
A trader’s diary allows you to get an overall picture of trading performance, analyze errors and identify the strongest aspects of the strategy used; records will also allow you to save data on the reasons for opening transactions and options for closing them.
In the age of computer technology, it is much easier to keep a trader’s diary using a special program that greatly simplifies the process of recording and analysis, as well as having a lot of additional features.
Forex tester.
Working on Forex has a high risk, due to which there is always the possibility of losing your own money or
the money of investors.
Therefore, before you start using the chosen strategy in practice, it is always a good idea to check its performance. This can be done on a demo account, but with this option there is one big drawback: testing is carried out in real time, it’s one thing if you use short-term transactions, but what to do when opening long-term positions?
For these purposes, a special Forex strategy tester program was invented, which allows you to significantly speed up the process of checking the effectiveness of the selected trading option.
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