Forex Tester is a software that allows traders to practice and test their trading strategies using historical data. The software provides a range of tools and features that allow traders to simulate real market conditions and test their strategies in a risk-free environment. One of the key features of Forex Tester is the ability to track and analyze trading statistics, which can be used to evaluate the effectiveness of trading strategies and identify areas for improvement. However, at times, it may be necessary to reset the statistics in Forex Tester. In this article, we will explain how to reset statistics on Forex Tester.
Why reset statistics on Forex Tester?
Before we dive into the steps involved in resetting statistics on Forex Tester, it is essential to understand why one may need to reset the statistics. There are several reasons why traders may want to reset the statistics, including:
1. Starting fresh: Sometimes, traders may want to start with a clean slate and reset all the statistics to zero.
2. Testing a new strategy: When testing a new trading strategy, traders may want to reset the statistics to see how the new strategy performs without any interference from previous results.
3. Errors in data: In some cases, there may be errors in the data that can result in incorrect trading statistics. In such cases, resetting the statistics can help to correct the errors.
Steps to reset statistics on Forex Tester
The process of resetting statistics on Forex Tester is straightforward and can be done in a few simple steps. Here is a step-by-step guide on how to reset statistics on Forex Tester:
Step 1: Launch Forex Tester
The first step is to launch the Forex Tester software on your computer. Once the software is launched, you will see the main menu screen.
Step 2: Open the settings
Next, click on the “Settings” tab located on the main menu screen. This will open the settings window.
Step 3: Click on “Data”
In the settings window, click on the “Data” tab. This tab contains all the settings related to data import and export.
Step 4: Click on “Clear statistics”
In the “Data” tab, you will see an option called “Clear statistics.” Click on this option, and a pop-up window will appear, asking you to confirm the action.
Step 5: Confirm the action
In the pop-up window, you will be asked to confirm the action. Click on “OK” to confirm that you want to clear all the statistics.
Step 6: Restart Forex Tester
Once you have confirmed the action, you will need to restart Forex Tester for the changes to take effect. Close the software and launch it again.
Step 7: Check the statistics
After restarting Forex Tester, you can check that the statistics have been reset by clicking on the “Statistics” tab. You should see that all the statistics are now at zero.
Conclusion
Resetting statistics on Forex Tester is a simple process that can be done in a few easy steps. Whether you want to start fresh, test a new strategy, or correct errors in data, resetting the statistics can help you evaluate your trading strategies more effectively. By following the steps outlined in this article, you can reset the statistics on Forex Tester and continue to test your trading strategies with confidence.
