Practice Charts

Beginner Questions
1

Anyone know of a site that has simulated live practice charts to use on the weekends?

Thanx. :confused:

2

If you download an mt4 demo, like from ibfx, you should have the historical data feed. I didnā€™t start my demo on a weekend, but historical data is there.

3

Thanks! Iā€™ve been using Oanda, but have downloaded MT4 and have not yet unzipped the file. Iā€™ll check it out! Thanks again.

4

Oanda goes back a good ways on the daily chart, but I suppose for back testing systems and practice identifying patterns, an MT4 setup would be better. Iā€™m new myself and will still be demoing for awhile and I initially started an Oanda demo, but Iā€™m starting to really appreciate the robustness of the MT4 client.

5

Thanks. I know I can back test with Oanda. I really was looking for something that would simulate live charts to make small mock trades with on the weekends when the markets are closed.

6

To my knowledge, thereā€™s no such feature offered by any broker, if by ā€œsimulateā€ you mean where price moves forward in automated real time. MT4 (there are many other platforms that have this feature, but few are free) will permit you to manually back-test, moving forward period by period with much more data at your disposal than Oanda currently provides; but it sounds like you already know that. :slight_smile: I do use Oanda for live charting and execution, though, much preferring them to just about every MT4-enabled broker.

7

Thanks Andrew - I guess Iā€™ll have to wait until Sunday. In the meantime, lots of books to read. :slight_smile: