However, it is not limited to using historical data offered by Metatrader, which is usually low-quality data. It uses offline charts, which let you use indicators, templates and drawing tools available in Metatrader. It combines great charting capabilities of MT4 with quality tick-by-tick data and economic calendar to create a powerful trading simulator. How it worksįorex Simulator works as Expert Advisor for Metatrader 4. It also allows to adjust the speed of simulation, so you can skip less important periods of time and focus on the most important ones. Trading historical data saves a lot of time compared to demo trading and other forms of paper trading. You are able to place your orders, modify them or close them, just like you were trading live. It shows you charts, indicators and economic news as if it was happening live.
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