Tuesday, November 2, 2010 @ 6:15 AM

Forex Strategy Trader v1.2.1

Forex Strategy Trader is a free trading platform working via Meta Trader system. It can automatically send and execute trading orders based on a predefined strategy. The visual interface allows users to create their own strategies in a few clicks without worrying about programming and coding the logic. All the components of a strategy can be easily found in the user-friendly menus and can save hours for anyone who has previously tried to create his own Expert Advisor in MT and found it overwhelmingly difficult.

The usual strategy consists of technical indicators and the rules for their interpretation by the program. All the possible rules and combination are accessible through drop down menus and after the strategy is set all you need to do is connect to the Meta Trader terminal and click “Start Automatic Execution”. As long as you are online the software will follow the logic and trade automatically. Even the novice traders will find it easy to create trading strategies in minutes and those who are more advanced and know the dealings of Expert Advisor building, can save a lot of hassle and formula writing.

The software allows users to import strategies from our back tester - Forex Strategy Builder, and even download other users' strategies from the forum or our internet site. Some of the advanced tweaks you can apply to your strategy include: setting the amount being traded as lot size or as percent of your total account; adding to, removing from or reversing a position; stop loss and take profit values; and even setting a precise time for making deals (say 10 a.m.). The possibilities are innumerable as Forex Strategy Trader has more than 100 indicators in store and tons of logical options for each of them. Moreover, advanced traders from around the world compute new indicators regularly and upload them on the site or in the forum making them available for everyone.

The software also includes a lot of demo strategies with thorough explanation aimed to provide basic knowledge and example for users before they start playing around with the indicators and start building their own systems. There is also a ton of helpful resources and tutorials on the web site and in the forum so you'll never be left “in the dark”. The program is totally free to use so have fun with it and make your trading more profitable!

Forex Strategy Trader v1.2.1 is an important update. A dangerous security issue was fixed as well as many GUI bugs.

Short overview of the changes:
  • Logical Groups support;
  • True Charts support;
  • User can set the max number of logic slots from the Strategy menu;
  • Trailing Stop that corresponds to the FSB backtest. (Need further testing.)
  • Workaround .NET 2.0 bugs, which leaded to crashes of the FST charts;
  • Important Windows Server security issue workaround. FST can work on VPS now without problems;
  • Recognition of 64 bits Windows and hardware and proper installation;
  • Fixed a bug with FST - MT4 connection when switching from multi-instance mode to single mode;

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