Overall Experience
Symbols
Lacking in commodity and index listing. But it’s a start
UI
Option to change grid values. For example, when I do analysis on the hourly chart, I would like to set the vertical grid to daily instead of hourly. Having a daily / weekly / monthly clickable grid view would be more convenient.
Default light mode / dark mode without manually changing colour setting.
Options to delete chart, not through changing layout. I opened 3 charts, wanted to delete the 2nd chart only but don’t know how.
Time and price texts are too small for QHD resolution
Add in right mouse click pop up menu
Indicators
Options for apply saved setting for indicators.
Options for multiple saved indicator setting and choose which one is set as default.
Options to delete indicator in the setting pop up box instead of delete icon
Fibonacci indicators - I would like to colour custom my lines and increase the text size. I’m testing with QHD resolution and the default texts are way too small to be readable
Options to add custom indicators (usually a separate programming module)
Trading time zone would be extremely nice as it adds visual zoning if I want to backtest a specific time during the day. US, Tokyo, London time zone etc.
Placing Orders
What I like to do with other trading platforms (NinjaTrader, FXCM, SaxoBank) is to pick a crosshair cursor option, find a price level that I like, and right click to place a stop order. It is very convenient to place orders that way and I hope to see it in FTO.
Adjust stop loss, buy/sell order, and take profit just by moving the lines. Modifying the price level is just so inconvenient.
Trailing stop loss is almost necessary for intraday trading.
Others
When I try to devise new trading strategy, I like to scroll through at least 3 years of price movement and draw inspiration from it. With FTO, or ForexTester Desktop, I have to advance the time first then move my way backwards. This is inconvenient. Would like to see “analysis” mode much like TradingView, and then create separate projects for backtesting.
Note:
I am using Optuma as my main backtesting software. It’s the most comprehensive and user friendly back testing software I’ve ever used. I compare all backtesting software and trading platforms to it. However, it lacks an affordable perpetual forex intraday data subscription (there is but really expensive) so I reluctantly switched to ForexTester for intraday backtesting. That aside, I’m really excited for FTO, especially as a Mac user who don’t have a lot of options for backtesting without using Parallels. Very keen if there’s a lifetime options priced similarly as ForexTester Desktop.
Comments1
Alex Koval (FT Team)
May 3, 2024
Hi Jimmy!
I'm Alex, Product Lead at Forex Tester. Thank you so much for your comprehensive feedback. It’s incredibly valuable to us, and I'm here to address each point you've raised:
UI Enhancements
The option to change grid values is indeed essential for detailed analysis. We're planning to introduce customizable grid settings (daily, weekly, monthly views) in the near future. Daily, weekly, and monthly timeframes were disabled from Alpha testing for technical reasons.
A toggle between default light and dark modes is also on our roadmap and should be implemented soon.
Currently, multichart management is still under development. We will add the option to delete specific charts directly in the UI. As well as changing layouts, setting up custom multicharting frames, etc
We recognize the issue with small text sizes, especially on QHD resolutions (I am primarily Mac user myself), and are committed to adjusting this for better readability.
Integration of a right-click pop-up menu is in progress and should be ready in 1-2 weeks as it's part of our current sprint.
Indicators
We will introduce "indicator presets" that allow you to apply saved settings easily. Cannot tell the specific timeframe of it as for now, but it will be done in the near future.
The functionality for managing multiple saved indicator settings and setting a default will be available soon.
Deletion options within the right-click menu are being developed and will be implemented shortly.
Customization of Fibonacci indicators, including color and text size adjustments, will be included in the upcoming right-click menu enhancements.
Adding custom indicators (as well as EA) is on our development roadmap for this summer.
Visual trading time zones for major markets (US, Tokyo, London) will be integrated within a few weeks.
Placing Orders
We do offer a crosshair cursor for selecting price levels. The button looks like a pipette in the order creation modal window. When clicking on it, you can select the price on the chart, and it will be added to the order creation modal window. We will enhance its visibility and intuitiveness.
Modifying orders by directly adjusting their lines on the chart is in our backlog. I’m advocating strongly for this feature, understanding its importance.
A trailing stop loss for intraday trading is being developed and should be available within 3-4 weeks.
Other Features
I will explore an "analysis" mode similar to TradingView for more dynamic data interaction and strategy development.
Note
We’re thrilled that FTO is meeting your needs as a Mac user, and we’re continually striving to enhance our platform’s capabilities. Your comparison with Optuma is particularly enlightening, and we’re committed to making Forex Tester as user-friendly and comprehensive, yet affordable, as possible.
Thank you for your enthusiasm and support for FTO. We're excited to roll out these updates and will keep you informed as they're implemented!
Let me know if you have any other thoughts or comments regarding my feedback. Would love to talk to you about it.