The best software for Forex and stock market trading
A selection of Forex programs that will help make your trading more convenient and profitable. Almost all scripts are free and easily installed on any version of Windows.
Forex programs include advisor and indicator designers, non-standard trading platforms, programs for forex market analysis, and calculators for calculating important indicators.
Advisor Constructor
Every trader, having gone through the beginner's journey, sooner or later comes to the conclusion that for effective
trading, they need to automate their own trading tactics.
We all understand that when working manually, the human factor affects the effectiveness of a trading strategy, especially when it comes to strategies where entering a position quickly and without any delay is crucial.
Unlike humans, an advisor is immune to concepts such as fear, greed, fatigue, inattention, or distraction. Its primary task is to execute the commands you've given it, not to debate whether to buy or not.
Moreover, you will never know whether your strategy is effective or not until you program it and conduct appropriate testing according to all the rules.
NPB Trader Terminal
Brokers often create their own trading platforms or provide a wide selection of existing ones for the convenience of their clients.
Typically, such experiments end in failure, and platforms and certain account types simply become a thing of the past. This is because the majority of training instructions in the online community are tailored specifically for professional applications like MT4 and MT5.
However, despite the weaknesses of applications developed by brokers, they often include certain features not found in traditional trading terminals, making them more unique and specifically designed for professional traders who prioritize convenience above all else.
NPB Trader is a trading platform developed for clients of the largest banking broker, Nefteprombank.
For the first time, this kind of application becomes available for operating systems such as Linux, Solaris, and all familiar versions of Windows.
Amibroker is a program for maximizing your potential.
We've all encountered situations where we had to spend days testing our trading strategies on various
currency pairs. This is because the MT4 trading terminal doesn't allow you to test your strategies on multiple currency pairs simultaneously.
And what can we say about MT4, when you only have a limited set of instruments available for testing? What should a trader do if they want to know beforehand whether they should try their hand at stocks, futures, or index trading?.
Most brokers operating in the forex market simply don't have access to these types of instruments, with the exception of contracts for difference, which are so actively offered as a substitute for stock trading. The forex market is highly chaotic and unpredictable, so most well-known trend strategies simply don't work. For example, when a successful company's stock always follows the company's development direction, leading to prolonged 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 MT4 exclusively, so many don't even realize how much they're losing without trying trading through other advanced platforms.
Most brokers are likely simply saving money by purchasing only one license from a software provider, but as the saying goes: "A miser pays twice.".
ActTrader is a professional trading platform that is widely used abroad and offers excellent functionality for Forex trading.
TSTester 2.30
Sooner or later, we all reach a point where we need to test our own
trading strategy for profitability.
Many test their own or others' developments in real time on a demo account, while the more daring immediately try their experiments on real trading accounts.
However, both methods are typically very time-consuming, especially since to say a trading strategy is effective, it must be tested on various instruments for at least six months.
TSTester is a program that helps you test your own trading strategy in the strategy tester, implemented as a standard expert advisor.
With TSTester, you can test indicators and strategies in visualization mode in your MT4 and learn to trade on any instrument and timeframe supported by your trading terminal.
QuoteRoom
When creating your own trading strategies and expert advisors, testing is a key component. However,
few of us typically have a complete price history, and even downloading quotes through MT4 will only yield a 90 percent accurate result, not the required 100 percent.
For this reason alone, most indicators and expert advisors produce completely different results in a preliminary test than in real trading.
What do you expect? If an indicator or strategy is created using unreliable data, how can it possibly be as profitable as in a test? Furthermore, there are numerous additional trading programs that are simply useless without a reliable price history.
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 something of an idol, as he is probably the first person to so
openly describe the story of his path, share certain trading rules, and at the same time reveal his own trading strategy to the entire world.
Most traders who publish books on trading only share parts of their strategy, but Bill is too open to hide anything. His books are still used for training, and his trading strategy has become a staple for millions of traders worldwide. Don't believe me?
Log into any broker's training program and you'll immediately see lessons on the Profinity trading strategy.
MaxProfit is a transaction accounting program.
No matter which investment and stock trading textbook you open, each one contains a set of rules,
adherence to which is essential for successful trading. One of these unspoken rules is keeping a trader's journal, in which you record when and what trades you made.
This is primarily necessary so that you can analyze your trading strategy, your capital management method, and understand and identify the mistakes you made during the trading period.
Almost everyone ignores this rule, but even in school, students who made a lot of mistakes in their assignments work on their mistakes. So why don't you analyze your mistakes? Is it really true that a student who's doing such a simple task, which will help them avoid making the same mistakes, is smarter than you? And yet, unlike you, they're not losing money!
Visual Trading – try your hand!
Today, there are many different ways to test your trading skills. However, back in 2008, the only
way to test your skills was with a demo account or, oddly enough, live trading. Of course, with a demo account, you can easily assess your level of knowledge and capabilities, but unfortunately, this requires spending days at a time in front of a computer.
Visual Trading is a unique trading simulator designed to teach traders how to operate in unpredictable, highly volatile markets with minimal economic data.
The program automatically generates quotes featuring various technical analysis patterns, as well as unexpected news that trigger unpredictable price movements. Installation takes less than two minutes, as it's ready to use immediately after downloading and launching.
Free Trader's Diary Program
Almost every trader keeps a diary of their own transactions; this is necessary in order to track patterns and keep trading statistics.
A trader's journal allows you to get an overall picture of your trading performance, analyze mistakes, and identify the strengths of your strategy. It also allows you to save data on the reasons for opening trades and how you close them.
In the age of computer technology, it's much easier to keep a trader's journal using a specialized program, which significantly simplifies the recording and analysis process and offers a host of additional features.
Forex tester.
Trading on Forex is a high-risk activity, meaning there's always the possibility of losing your own money or
that of your investors. Therefore, before using a chosen strategy in practice, it's always a good idea to test its effectiveness.
This can be done on a demo account, but this option has one major drawback: testing is conducted in real time. Short-term trades are one thing, but what about opening long-term positions?
A special program called the Forex Strategy Tester was developed for this purpose, significantly speeding up the process of testing the effectiveness of your chosen trading strategy.
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