Backtesting Softwares: Forex Tester 3 vs Soft4Fx Simulator
In this Warsaw Forex trading vlog, I give my personal opinion on Forex Tester 3 vs Soft4Fx Simulator. Those are two backtesting software Forex traders can use to validate their trading strategy. Is one better than the other? In my opinion, yes! Vlog #332.
Soft4Fx Forex Simulator is a backtesting plugin for MT4. You add it to your platform and can start to backtest on any currency pair. Its price-point is lower than Forex Tester 3 and simpler to use. However, it does come with slightly fewer functionalities.
Forex Tester 3 Review:
Soft4Fx Forex Simulator Review:
Get Soft4Fx Forex Simulator:
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// TRADING MUST-HAVE RESOURCES
VPS (for algo trading):
David Cutter Music –
Andrew Applepie –
// ABOUT ME
My name is Etienne Crete (from Montreal, Canada). I’m a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That’s why you can expect more free content from me than what other people charge for!
If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you’re good at.
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.
The camera I use (Canon EOS M6)
The tripod I use: Sirui 3T-35K
What I use to edit: Final Cut Pro (Mac)
Thank you for trusting me with my truthful and reliable opinion on any future purchase you may make. I always disclose this information when it is the case. As part of the Desire To TRADE family, you allow me to be able to use affiliate/referral links when suggesting items for purchase. As a customer of the products I refer, you help me sustain the time and resources to create content on this channel by generating revenue from your sales. This doesn’t affect you in any way in the checkout process (I’m sometimes even able to arrange a discount for you that is special from other customers).