Forex Strategy Builder uses real forex data to perform back tests for the various foreign exchange pairs or time periods and calculate the real life result of the strategy. It supplies detailed charts and statistics, and the automatic journals show all transactions and positions, as well as the changes in your virtual bank account.
Forex Strategy Builder shows the real situation as if you were trading the strategy on the market. Moreover, you will be able to test the strategies that books or analyzers suggest and see for yourself if they are profitable or not. Simply set your strategy in Forex Strategy Builder and it will show your virtual bank account as if you had traded in the selected period. If this virtual balance falls, it is a certain 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 the 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.
Other 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 Optimizer can be used to adjust the indicators' parameters for maximum profit but this often leads to over-optimization and we don't recommend it for real trading purposes.
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