Forex Strategy Builder 2.9.0.0

Forex Strategy Builder 2.9.0.0  offers a visual forex strategy back tester for building and testing CFD, Indexes and Forex trading strategies. It is free to use and distribute. Forex Strategy Builders user friendly interface allows you to create and back test a profitable trading system with just a few clicks. Thanks to the programs automatic system generator you can successfully build a market strategy without having detailed technical analysis or programming skills.

Using market rates dating back to the 1980s, Forex Strategy Builder immediately calculates statistics and creates charts for the whole trade. You can easily create and test complicated trading systems using a wide variety of indicators and logic rules allowing almost infinite combinations.

The program also includes unique interpolation methods yielding reliable test results within each data bar. Forex Strategy Builder looks inside the current time frame using all shorter data periods to produce a realistic market back test. It also calculates the most profitable combination of parameters for the selected indicators, plots the average result balance between all possible market scenarios (while protecting the strategy from curve-fitting), shows the price fluctuation inside each bar, and recognizes all the ambiguous bars in the back test. Custom indicators and out of sample testing is also available.

In short, Forex Strategy Builder provides you with all you need to quickly perform an in-depth technical analysis. Once done, you can export your strategy to get feedback from other experienced investors. On the programs website you can find additional information, help articles and tutorials, as well as the source code of more than one hundred technical indicators. You can learn more about the safety principles of back testing and use ideas and systems from the forum members.

Instructions to install:

1. Download the installation file ForexStrategyBuilder.exe
   
2. Double click on it to run the installer.
3. Read and accept the users' license agreement.
4. Choose a destination folder. By default, the installer makes folder Forex Strategy Builder into your Program Files folder.
5. Choose a group for the Windows Start Menu icons. The default one is Forex Strategy Builder.
6. Read the ReadMe file.
7. Update the forex rates from the program's website or from your broker. Extract the historical forex rates in the folder Data. You can reach it from the Start Menu. It is a subfolder of the Forex Strategy Builder folder.

Major Features:

1. Building forex strategies by combining various technical indicators. All necessary parameters and logic rules can be selected from menus, and you don't have to write formulas or a program code.
2. 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.
3. 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.
4. 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.
5. 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.
6. The Optimizer can be used to adjust the indicators' parameters for maximum profit but this often leads to over.

Enhancements: 

• The program can load custom indicators.
• New, more sophisticated functions for calculating the signals included.
• Aroon indicator was removed. Aroon Histogram indicator was included instead.
• Indicators were rewritten in order to increase the calculation precision.
• Relative Vigor Index indicator was added.
• Data Horizon logic was improved.
• Strategy Generator - Out of Sample testing was added
• Strategy Optimizer - Out of Sample testing was added
• Additional Statistics was added.
• Oscillator of MACD was improved. New parameters were added
• Hungarian translation was added. Contributed by Denes Bagi.
• Russian translation was improved.
• Trailing Stop Limit indicator was added. It sets a Trailing Stop Loss and a constant Take Profit levels.
• Full Screen mode was added. Short key: Alt + Enter

Requirements:

• Microsoft Windows 2000/XP/Vista.
  
• Microsoft .NET Framework version 2.0 (x86)
  
• Windows Installer 3.0 (except for Windows 98/ME, which requires Windows Installer 2.0 or later). Windows Installer 3.1 or later is recommended.
  
• Internet Explorer 5.01 or later for all installations of the .NET Framework.
  
• Disk Space Requirements: 280 MB (x86), 610 MB (x64)