Forex Strategy Builder is a platform for creating, testing and analysing Forex trading strategies – just as if you were trading in real life. It also allows you to test the profitability (or otherwise) of strategies that books or analysers suggest.
To make it easy to build Forex strategies, Forex Strategy Builder combines various technical indicators. All necessary parameters and logic rules can be selected from menus and you don't have to write formulas or program code.
Real Forex data is used to perform back tests for the various foreign exchange (Forex) pairs or time periods and calculate the real life result of the strategy, with detailed charts and statistics supplied. Automatic journals show all transactions and positions and the changes to your virtual bank account, just as if you had traded in the selected period. If your virtual balance falls, it is a strong indicator that this strategy will lose money in real trade; but if the balance goes up, the strategy may be profitable.
Forex Strategy Builder also provides a strategy generator that allows even a total newbie to create a strategy with the click of a button. After the strategy is generated, you can read the detailed explanation in the overview. Experienced traders use the generator to add more indicators to their existing strategy and improve their trading.
Another unique feature of Forex Strategy Builder is the intrabar scanner. Its purpose is to ensure that the back test resembles the real movement of the price as close as possible by loading all the available time frame data. The intrabar explorer allows you to check the price movement inside each bar and see the exact order of trades during that time period. The Optimiser can be used to adjust the indicators' parameters for maximum profit, but this often leads to over-optimisation and is not recommended for real trading purposes.
Softpedia Labs guarantees that Forex Strategy Builder 184.108.40.206 is 100% clean of malware including viruses, spyware and adware. It should be noted that this product will be retested periodically and the award may be withdrawn. See the Softpedia website for more information.
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