Forex Tester is straightforward and provides complete training on the forex market in a practical way. Still, you can’t figure out how to reset statistics? Fret not! In this guide, we will discuss the importance of recalculating statistics and provide steps on how to reset statistics on Forex Tester. It's pretty simple. Let's get started!
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What Is Forex Tester?
Forex Tester is software that simulates trading in the forex market. It is designed for you to learn how to trade profitably and to create, test & refine your strategy for manual and automatic trading.
The ability to use fixed fractional position sizing is the most exciting feature. This allows you to use a fixed risk percentage of your overall account balance or equity.
When To Reset Statistics?
You can reset statistics at any time. However, we do not suggest resetting them too often. If you are a new trader and have been demo trading for a week or two, you should not reset the statistics. It will be helpful to see how you traded during those periods.
When you gain more experience in trading and feel that your strategies and tactics have evolved, it is the right time to reset them.
Sometimes statistics data can be misleading, mainly if traders use Expert Advisors (EA) and automated strategies rather than manually trading using their strategies and tactics. Therefore, if you are using EA, it is good to check the statistics data before deciding whether to reset them.
How To Reset Statistics On Forex Tester?
If you have added some demo accounts and run the strategy tester, it will be impossible to delete them.
If you want to remove all accounts and statistics, follow these instructions:
Close Forex Tester.
Go to the folder C:\Users\username\AppData\Roaming\ForexTester3 and remove the file "Accounts" (C:\Users\username\AppData\Roaming\ForexTester3).
Go to the folder C:\Users\username\AppData\Roaming and remove the folder ForexTester3 (C:\Users\username\AppData\Roaming).
Start Forex Tester again and run the strategy tester once more.
How To Export And Import Statistics?
This article will explain how to export and import statistics.
The first step is to go to the statistics menu and click on “Export to CSV.” This will open a window where you will have to select the path where you want to save the file and give it a name.
The file will be saved in .csv format, compatible with any spreadsheet program, like Microsoft Excel.
After opening the CSV file, you will see something similar to this:
As you can see, the table has several columns with different information about each trade that has been done.
Resetting Statistics On History Centers Chart
You can reset statistics on History Centers Chart by following the steps below:
Go to the main menu
Click on the “Tools” section
Select “Reset Statistics” from the dropdown list
Resetting Statistics On Working Chart
To reset statistics on a working chart, right-click on the chart and select Stats->Reset. A popup will ask you if you want to reset the stats.
If you need to reset stats for all charts in a profile, right-click on any chart on the profile and select Stats->Reset All Charts.
How To Install Forex Tester 4?
Here are the simple steps to install your Forex Tester 4 software:
Ensure that you do not have any other version of this software installed on your computer. Please make sure to uninstall any previous software versions before starting the installation.
Download the .exe file from our website and save it on your computer by clicking on the Download Now button.
Once the download is complete, run the file and follow the instructions of a standard installation wizard. Ensure that you specify where you want to install the program and whether you want these files to be available for all users or only for yourself. Ensure that you have administrative permissions for making changes in your operating system.
Once it is completed, double-click on Forex Tester 4 icon located on your desktop and start using our product!
That’s it! Now you can start enjoying all our products!
How To Reset Statistics On Forex Tester Using Hotkeys?
If you use Forex Tester, it might be handy to use hotkeys to control different things. I will tell you how you can reset statistics on Forex Tester using hotkeys.
First of all, go to the Hotkeys menu and select "Reset statistics." Then select any available letter. I am going to choose “D.”
Now you can set the hotkey by clicking the Set button. Press the letter that you want to use. I am going to press “D” again.
As you can see now, D is used for Resetting statistics. Now we can test if it works. Open Strategy tester and backtest of some strategy or indicator. Once the test is finished, press D, and it will clear your stats, as shown in the picture below.
Bottom Lines - How To Reset Statistics On Forex Tester
A Forex Tester Demo is an essential tool in the trading world. It helps you strategize, plan and make more successful trades using virtual money. The Traders Support Company has developed the software for nearly 20 years, and it offers a broad spectrum of features.
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