An sms will be sent to the indicated email address in verify. In whatever language. Congratulations, registration completed! The following actions shall be performed:.

It helped me out many times. Testing takes more time when you choose a more exact option. Enter your registration data in the window that appears on the chart. Once the tester is launched, a window for a fast opening of trades will appear on the chart. Lot size, stop and trailing stop, or take profit can be set here. To calculate values, you need to activate the calculator. To do so, aim a mouse cursor at one of the windows, Trailing Stop for example, while holding down CTRL.

Then, left-click on the window. The quick trading window also allows setting pending orders. The menu can be activated by clicking on the orange icon in the right upper corner. The blue icon located nearby provides fast access to the settings for a fast confirmation of orders or no-hedging mode. Also, this menu allows activating the information on the account. A saved template may be activated at any time. A placed order appears on the screen. One of the advantages is that you can move a placed order right on the chart by holding down the marker on its right side.

Clicking on the marker, you can activate the window of the order where its values will be displayed and where you can close it. The simulator is launched as of the date indicated in the tester in the lower window.

To pause the simulator, you need to click on the button located near the visualization scroll the blue square in the next print-screen. During a pause, you can change a test speed speed of candle building , add an indicator, assess the chart from the point of view of fundamental analysis.

To close orders, you need to click on the window that displays your currency pair and the following suggestion will appear on the control panel: Close pending orders, all profitable, all loss-making or all orders.

The picture also shows how open and closed trades are designated. Buy and Sell arrows are in different colours. Inverse arrows show closed trades. In our case, the trades were closed automatically by the tester through Stop Loss. The lines serve as stop loss and take profit for open trades. Choose your main time frame in the window below. The current default value is H1. Choose additional time frames. Update: after several updates of the simulator, the inputs window has partially changed: several corrective parameters have been added.

I suggest you test it yourself and share your opinion in the comments on what do they affect. The value of the third column changes automatically depending on the values of the first two. Open necessary time-frames, place charts and run the tester that will work in 2 charts at the same time. The more charts you open, the slower simulation runs. The date specified in the tester will be the end date of simulation. The final report is displayed on the browser. It can be imported to Excel. If judged by the amount of statistical information, it reminds of MyFxBook reports.

I just recommend running through all the tabs, testing a strategy on different currency pairs, and comparing results. This problem concerns not only FX Blue but also any other tester which draws charts based on historical data. Then the price reverses and the indicator redraws itself in a way that shows a retracement instead of a breakout. One of the main reasons for redrawing is that indicators depend on closing prices. In the real market, where large volumes can change a situation in a second, there may be any closing prices.

As soon as a candle closes, an indicator redraws itself. Also, remember that testing results may differ from those achieved in the real market.

Still, in spite of all its drawbacks, this tester is considered to be one of the most convenient for testing simple MT4 strategies. For example, you can change the scroll speed by using keys as well. FX Blue is another tester of manual strategies which has both advantages and disadvantages.

To close orders, you need to click on the window that displays your currency pair and the following suggestion will appear on the control panel: Close pending orders, all profitable, all loss-making or all orders. The picture also shows how open and closed trades are designated. Buy and Sell arrows are in different colours.

Inverse arrows show closed trades. In our case, the trades were closed automatically by the tester through Stop Loss. The lines serve as stop loss and take profit for open trades. Choose your main time frame in the window below. The current default value is H1.

Choose additional time frames. Update: after several updates of the simulator, the inputs window has partially changed: several corrective parameters have been added.

I suggest you test it yourself and share your opinion in the comments on what do they affect. The value of the third column changes automatically depending on the values of the first two. Open necessary time-frames, place charts and run the tester that will work in 2 charts at the same time.

The more charts you open, the slower simulation runs. The date specified in the tester will be the end date of simulation. The final report is displayed on the browser. It can be imported to Excel. If judged by the amount of statistical information, it reminds of MyFxBook reports. I just recommend running through all the tabs, testing a strategy on different currency pairs, and comparing results. This problem concerns not only FX Blue but also any other tester which draws charts based on historical data.

Then the price reverses and the indicator redraws itself in a way that shows a retracement instead of a breakout. One of the main reasons for redrawing is that indicators depend on closing prices. In the real market, where large volumes can change a situation in a second, there may be any closing prices. As soon as a candle closes, an indicator redraws itself. Also, remember that testing results may differ from those achieved in the real market. Still, in spite of all its drawbacks, this tester is considered to be one of the most convenient for testing simple MT4 strategies.

For example, you can change the scroll speed by using keys as well. FX Blue is another tester of manual strategies which has both advantages and disadvantages. The advantages include convenient visualization and quite a large tool kit for analysing statistics. Improper operation and a limited set of functions belong to its drawbacks. Given a fact that the simulator is free and the reviews are mostly positive, I recommend assessing its potential in practice.

Feel free to post your questions and comments! Did you like my article? Ask me questions and comment below. I'll be glad to answer your questions and give necessary explanations. Your country is identified as United States LiteFinance Global LLC does not provide brokerage services in your country. Stay on LiteFinance Global LLC site. Home Blog Professionals FX Blue trading simulator review. Rate this article:.

Need to ask the author a question? Please, use the Comments section below. Start Trading Cannot read us every day? Get the most popular posts to your email. Full name. Written by. Oleg Tkachenko Economic observer. Divergence in cryptocurrency market.

How to use divergence for cryptocurrency trading. How to apply it in technical analysis of cryptocurrency? How to trade it? Classic and other approaches to the popular reversal pattern.

LiteFinance Global LLC does not provide brokerage services in your country. org website, you confirm that access to all programs and services is provided to you for informational purposes only, without the offer of registration.

Before being launched on a real account, every trading system needs to be tested. FX Blue is a Forex tester developed for the MT4 platform for testing manual strategies on no matter which time frame. The developers did their best to make this Forex simulator visually and functionally convenient.

With FX Blue, one can test a strategy on multiple time frames simultaneously, manage all types of orders right on the chart, and set level lines. FX Blue Trading Simulator is a program that runs based on the MT4 visual test and is non-compatible with other platforms beyond MT.

The tester simulates real trading on historical charts. Historical data testing does not guarantee future profitability, so testing on a demo account looks more logical. Third, it will take weeks while a tester allows optimizing a manual strategy in a few days or hours. In general, manual strategies are tested by use of a tester in the following way: quotes issued over a certain period for a required currency pair are downloaded into a platform MT4, for example.

Then a tester analyses the whole period and forms a price movement chart. The whole period analyzed, a trader gets trading statistics statement. working out the algorithm of the strategy. In the end, the analysis of statistics provides you with the information on average profitability and maximum drawdowns in your trading systems.

Simulators vary in functionality and visualization. MT4 is equipped with a manual tester, which still has its drawbacks. FX Blue Trading Simulator is a dedicated program developed as an addition to MT4 and provides an opportunity to test various time frames at the same time and install unique orders to trade retracements and breakouts.

To my mind, the installing mode is overcomplicated. The archive located here contains a setup file and an instruction for those who would like to get acquainted with the tester without having to go through a long registration stage. The instruction is quite detailed and is provided in English in pdf format. Those who still want to launch FX Blue in a real account will have to take the following actions:. Register at www.

com and verify an account. To register, enter your email address, login, and password. These data will be required to launch the tester. There were a few comments reporting some troubles related to other alphabetic systems. An sms will be sent to the indicated email address in verify.

In whatever language. Congratulations, registration completed! The following actions shall be performed:. It helped me out many times. Testing takes more time when you choose a more exact option. Enter your registration data in the window that appears on the chart.

Once the tester is launched, a window for a fast opening of trades will appear on the chart. Lot size, stop and trailing stop, or take profit can be set here. To calculate values, you need to activate the calculator. To do so, aim a mouse cursor at one of the windows, Trailing Stop for example, while holding down CTRL. Then, left-click on the window. The quick trading window also allows setting pending orders.

The menu can be activated by clicking on the orange icon in the right upper corner. The blue icon located nearby provides fast access to the settings for a fast confirmation of orders or no-hedging mode. Also, this menu allows activating the information on the account.

A saved template may be activated at any time. A placed order appears on the screen. One of the advantages is that you can move a placed order right on the chart by holding down the marker on its right side. Clicking on the marker, you can activate the window of the order where its values will be displayed and where you can close it. The simulator is launched as of the date indicated in the tester in the lower window.

To pause the simulator, you need to click on the button located near the visualization scroll the blue square in the next print-screen. During a pause, you can change a test speed speed of candle building , add an indicator, assess the chart from the point of view of fundamental analysis.

To close orders, you need to click on the window that displays your currency pair and the following suggestion will appear on the control panel: Close pending orders, all profitable, all loss-making or all orders. The picture also shows how open and closed trades are designated.

Buy and Sell arrows are in different colours. Inverse arrows show closed trades. In our case, the trades were closed automatically by the tester through Stop Loss. The lines serve as stop loss and take profit for open trades. Choose your main time frame in the window below. The current default value is H1.

Choose additional time frames. Update: after several updates of the simulator, the inputs window has partially changed: several corrective parameters have been added. I suggest you test it yourself and share your opinion in the comments on what do they affect. The value of the third column changes automatically depending on the values of the first two. Open necessary time-frames, place charts and run the tester that will work in 2 charts at the same time. The more charts you open, the slower simulation runs.

The date specified in the tester will be the end date of simulation. The final report is displayed on the browser.

It can be imported to Excel. If judged by the amount of statistical information, it reminds of MyFxBook reports. I just recommend running through all the tabs, testing a strategy on different currency pairs, and comparing results. This problem concerns not only FX Blue but also any other tester which draws charts based on historical data. Then the price reverses and the indicator redraws itself in a way that shows a retracement instead of a breakout. One of the main reasons for redrawing is that indicators depend on closing prices.

In the real market, where large volumes can change a situation in a second, there may be any closing prices. As soon as a candle closes, an indicator redraws itself.

Also, remember that testing results may differ from those achieved in the real market. Still, in spite of all its drawbacks, this tester is considered to be one of the most convenient for testing simple MT4 strategies. For example, you can change the scroll speed by using keys as well. FX Blue is another tester of manual strategies which has both advantages and disadvantages.

The advantages include convenient visualization and quite a large tool kit for analysing statistics. Improper operation and a limited set of functions belong to its drawbacks. Given a fact that the simulator is free and the reviews are mostly positive, I recommend assessing its potential in practice.

Feel free to post your questions and comments! Did you like my article? Ask me questions and comment below. I'll be glad to answer your questions and give necessary explanations. Your country is identified as United States LiteFinance Global LLC does not provide brokerage services in your country.

Stay on LiteFinance Global LLC site. Home Blog Professionals FX Blue trading simulator review. Rate this article:. Need to ask the author a question? Please, use the Comments section below. Start Trading Cannot read us every day? Get the most popular posts to your email. Full name. Written by. Oleg Tkachenko Economic observer. Divergence in cryptocurrency market.

How to use divergence for cryptocurrency trading. How to apply it in technical analysis of cryptocurrency?

FX Blue Trading Simulator is a dedicated program developed as an addition to MT4 and provides an opportunity to test various time frames at the same time and install unique orders to trade retracements and breakouts. The simulator is launched as of the date indicated in the tester in the lower window. Feel free to post your questions and comments! Follow us in social networks! Then a tester analyses the whole period and forms a price movement chart.

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