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Platforms, Brokers & Tools · Important Forex Videos · 13:01 video · Urdu / Hindi

ThinkTrader tutorial: free backtesting software

Backtesting does not have to be expensive. This tutorial shows a free option, ThinkTrader from ThinkMarkets, and how to get started with it.

Dr. Qazi Abdul Basit
Video lesson by Dr. Qazi Abdul Basit, Ph.D · Forex & Gold trader since 2013
Notes by the Qazi Forex Tips team · Updated 23 October 2026
Watch in Urdu / Hindi · 13:01·Open on YouTube

In this lecture

  • A free backtesting software
  • Downloading and installing it
  • Starting your first backtest

Lesson notes

What to look for in backtesting software

  • It hides future candles while you test.
  • You can step candle by candle and change speed.
  • Orders with stop loss and take profit are simulated.
  • Results can be reviewed or exported.

Getting started

Download the platform from the provider's official website only, open the practice or backtesting feature, choose the symbol and the start date, and step through the chart while placing trades by your written rules.

Other options

If you trade on MetaTrader 5, a replay tool inside MT5 lets you practise on your own broker's prices. See the comparison on our Replay Simulator page.

Khulasa (Roman Urdu / Hindi)

  • Backtest software future candles chhupaye.
  • Sirf official website se download karein.
  • Likhe hue rules par candle by candle trade.
  • MT5 user ke liye QFT Replay Simulator.

Questions

Is there free backtesting software for forex?

Yes. ThinkTrader, TradingView Bar Replay (with limits) and demos of tools such as QFT Replay Simulator can be used for free.

What is ThinkTrader?

The trading platform of the broker ThinkMarkets, which includes tools for practising on past data.

Is manual backtesting worth it?

Yes for price action traders: it tests your rules and trains your eye at the same time.

How long should I backtest a strategy?

At least 100 trades across trending and ranging months.

Can I backtest in MT5?

MT5's Strategy Tester is for EAs. For manual replay in MT5 you need a tool such as QFT Replay Simulator.

Is backtesting the same as demo trading?

No. Backtesting replays the past quickly; demo trading runs in real time on today's market.

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Education only, not financial advice. Trading forex, Gold and CFDs carries a high risk of loss. Examples are for learning; test any method on a demo or in a simulator before using real money.