Forex Practice on iPhone: Replay and Trade Notes

You can practice on historical charts with Formiq's iOS app. Choose a currency pair and timeframe, then decide on entry and exit conditions before starting replay.

Open the app and choose a historical period

Install Formiq from the App Store and sign in. Select a pair, timeframe and historical period, then start replay.

Begin by advancing candles manually and checking the order and exit controls. Use familiar periods to learn the controls and unseen periods to assess trading decisions.

Keep prices and order levels readable

Overlay indicators and subpanes reduce the space available for the price chart. If candles or order levels are hard to read, reduce the display or adjust the zoom.

Removing a condition to fit the screen changes the strategy being practiced. If a decision requires several indicators, use a larger screen such as a computer or iPad.

Plan the trade and record the decision

Before entering, identify the condition that triggered the trade and the stop and target locations. After closing, note whether you followed the plan. Profit and loss alone cannot establish that you followed the rule.

Leave time to review even a short session. The practice review guide explains how to record entries and skipped setups.

Review history on a computer

Using the same account lets you share chart settings and trade records with the browser version. After switching devices, confirm that the latest records have appeared before reviewing them.

A larger screen makes it easier to examine several indicators or longer periods alongside trade history. Check the app and browser interfaces for the particular features you need.

Check the free plan

The pricing page and the app's plan screen show feature availability and usage limits. Try the displays and controls required for your practice before purchasing.

Replay uses historical data and simulated orders. It does not place live orders or trade real funds.