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MT4 Trading Simulator
Hey guys, I used to use NinjaTrader and it had an amazing Simulator built into it which allowed you to practice trading in a "live" environment. You could select currency pairs, time frames, add indicators etc etc and run it as if live and trade as you would do live. A great learning tool. A great way to learn from mistakes without the pain too!
Does anyone know or have first hand experience of a good reliable Simulator for MT4?
There is a free simulator called fxblue. Though it's not the best simulator available but at least it's free. You can just google it.
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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
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