Forex Software
Just like any professional, many successful currency traders rely on a specialized set of tools to help them ply their trade. These range from specialty charting packages to backtesting software, chart pattern recognition software, automated trading algorithms, and many more.
In this section we list some of the tools our traders have found useful, and we review each one so you can weigh their pros and cons yourself. Every trader is unique and has unique needs. We hope that the tools you find here will help you squeeze more out of your trading day.
This section contains links to external sites. The content of these sites is not under our control. While we try to ensure the quality of the information we link to, we can by no means guarantee its accuracy.
Trading Solutions - Professional level chart pattern recognition using neural networks. Can be used for any financial instrument. Optimizes results using genetic algorithms. Trading Solutions provides a very unique way to take advantage of complex recurring patterns in chart data. The "Trader68" package automates order execution for signals generated by the Trading Solutions neural networks.
Forex Tester - Based on the MetaTrader 4 interface, Forex Tester allows traders to backtest different strategies simultaneously in a very well though-out environment. Automated trading as well as discretionary methods can be tested using the software package. Cost is very reasonable considering how powerful the tool is. A free trial version is available if you would like to test drive it.