metatrader_-_quick_primer
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metatrader_-_quick_primer [2016/12/14 20:48] tickstory |
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| ===== Broker 1-Minute Data Versus Tickstory's Data ===== | ===== Broker 1-Minute Data Versus Tickstory's Data ===== | ||
| - | In normal operation, the Strategy Tester sources its historical data from your broker. This broker data is often reputed to be full of gaps and not complete for the purposes of the back-test. Not to mention that even if it were complete, the most granular information that is contained is 1-Minute. This means that from a composition of many ticks that typically occur in a single minute, the testing only caters for the Open, High, Low and Close of the 1-minute bar. As you can imagine, this is unlikely to yield an accurate assessment of an EA that trades often or is dependent on small price movements. | + | In normal operation, the Strategy Tester sources its historical data from your broker. Users have often complained that this broker data is often full of gaps and not complete for the purposes of the back-test. Not to mention one of the major draw-backs of this data is that the most granular information that is contained is 1-minute bars. This means that from a composition of the many ticks that typically occur in a single minute, the historical data only passes through the Open, High, Low and Close of the 1-minute bar. As you can imagine, this is unlikely to yield an accurate assessment of an EA that trades often or is dependent on small price movements (as many EAs are). |
| - | Enter Tickstory. Tickstory allows you to generate a tick-by-tick historical database that is used by the Strategy Tester. This allows you to back-test your EA with more granularity and this can enhance your assessment of your strategy. Not only this, but Tickstory also generates complete charts from this data which means that when you display your bar charts within Metatrader, they will be much more reliable and complete. | + | Enter Tickstory. Tickstory allows you to generate a tick-by-tick historical database that is used by the Strategy Tester. This allows you to back-test your EA with more granularity and this edge can enhance your assessment of your strategy. Not only this, but Tickstory also generates complete charts from this data which means that when you display your bar charts within Metatrader, they will be much more reliable and complete. |
| ====== The MT4 Database ====== | ====== The MT4 Database ====== | ||
metatrader_-_quick_primer.txt ยท Last modified: 2020/04/29 06:36 (external edit)
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