What is ForeXpert?
ForeXpert is a finance app designed for practicing discretionary trading on historical forex charts. It allows users to simulate trading scenarios without risking real money, helping them to test strategies and refine execution skills.
Does ForeXpert offer real trading?
No, ForeXpert is a simulation tool for practice and strategy verification only. It does not support real currency trading, deposits, or withdrawals, and does not provide investment advice.
What instruments and timeframes does ForeXpert support?
ForeXpert supports 26 instruments, including major and cross currency pairs, Gold (XAUUSD), and Silver (XAGUSD). It offers 8 timeframes, from M1 (1-minute) up to W1 (1-week).
What technical analysis tools are available in ForeXpert?
The app includes popular technical indicators like Moving Average, Bollinger Bands, RSI, MACD, and Stochastics. Users can also utilize drawing tools such as trend lines and horizontal lines to test their specific trading rules.
How does ForeXpert track performance?
ForeXpert automatically calculates detailed performance statistics, including win rate, trade count, average profit/loss, profit factor, max drawdown, and Sharpe ratio. It also tracks your equity curve, daily P&L, and cumulative returns.
Can I customize my trading environment in ForeXpert?
Yes, you can fully customize your trading environment by setting your starting balance, leverage, and spread. Cloud sync ensures your data is consistent across all your devices.
Is ForeXpert available on multiple devices?
Yes, ForeXpert supports iPhone, iPad, and iPod devices. Cloud sync allows you to maintain your data across these supported platforms.
What is the price of ForeXpert?
ForeXpert is free to download and use. It offers an optional 'ForeXpert プレミアムプラン' for $6.99 per month for enhanced features.