Forex Strategy Builder

Forex Strategy Builder is a visual forex strategy back tester. It uses combinations of technical indicators and logic rules to simulate a trading process with historical forex rates. An included automatic strategy generator enables you to compose a profitable strategy. An optimizer, an intraday scanner, a bar explorer and an interpolation methods comparator are included to improve the quality of your forex strategy development. Custom indicators, multicurrency strategies and out of sample testing capabilities are also included in this free forex software.

Reliable Backtesting

It is possible for a trading system to show excellent results in the historical test but fail badly on the real market. Some reasons could be faulty back test, over-optimization or tricky indicators. Forex Strategy Builder easily recognizes those pitfalls of testing trading systems. It notices all ambiguous bars in the back test and finds the average balance line between all possible market scenarios.

Most importantly Forex Strategy Builder allows novice traders to gain forex experience and learn how to use different logic rules and parameters without risking their savings. When you feel confident in your trading skills and your forex strategies you can apply them on the real market.

Main Goal

Our goal with Forex Strategy Builder is to provide a reliable free tool for testing trading strategies based on actual historical data. We want to incorporate the most common methods of technical analysis and great variety of technical indicators in just one program and yet keep it as simple as possible. In the last few years we've extended the list of indicators to almost 100 and we've added many useful tools for all forex traders.

Constant Improvement

The reason we have been developing so rapidly is that we receive constant feedback from the Forex Strategy Builder users whose suggestions have been used to direct all future development of the software.

The main reason we have been evolving so rapidly is that we receive constant feedback from the Forex Strategy Builder users whose suggestions have been directing the development of the software. The constant dialog with tens of thousands of users helps us to improve the program and make it even easier to use. So feel free to share your opinion and you might see your suggestions implemented in the future versions of Forex Strategy Builder.

FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The Foreign Exchange Market that we see today started evolving during the 1970s when worldover countries gradually switched to floating exchange rate from their erstwhile exchange rate regime, which remained fixed as per the Bretton Woods system till 1971.

Today FX market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global forex and related markets is continuously growing. Traditional daily turnover was reported to be over US$ 3.2 trillion in April 2007 by the Bank for International Settlements. Since then, the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008.

The purpose of FX market is to facilitate trade and investment. The need for a foreign exchange market arises because of the presence of multifarious international currencies such as US Dollar, Pound Sterling, etc, and the need for trading in such currencies.