My belief was that as soon as two moving averages cross over, you've already missed the easy part of the move. I've never tested moving average crossovers because they didn't make sense to me. Best overall manual backtesting softwareĪlright, now that we have that out of the way, let's take a look at the strategy that I'll be testing.Here are the categories that I'll be judging these software solutions on: The price might go up in the future, but it currently qualifies, as of the original writing of this post. If you upgrade to the higher plans, then you would be over $200 per year. I'm using the Pro version of TradingView, which is currently less than the $200 per year minimum. I'll explain why I've included it in a bit. You might think that Excel doesn't belong on this list. However, they frequently have sales where you can get it for less than $140, which qualifies it for this test. Yes, the regular price of Forex Tester 4 is $299. You might have a few questions about these products, so I'll clarify my choices.

TradingView (free and paid, subscription).Think Trader, formerly Trade Interceptor (free).The Challengersīased on the criteria above, I rounded up the following challengers:

The software must be able to backtest the Forex marketįrom there, I'll backtest a trading strategy that I know nothing about, then reveal the results.Īctually doing the backtesting will reveal a lot about the software.

The software must be able to be used for manual backtesting.

The software can be purchased for less than $200 total (for one-time downloads), or less than $200 per year (for subscription products).I wanted to test trading products that would be affordable for most traders, so here's the criteria I used:

Backtesting software for mac