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Archive for the ‘metatrader 4’ tag

TradingRealMoney.com

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TradingRealMoney.comClick Image To Visit SiteOur goal at TradingRealMoney.Com is to help you become an independent professional trader. By watching and listening to a professional trader in real time, traders will develop solid core methods for trading the markets consistently. Trading is a business, we teach you to trade your capital as real money.

Futures, Stocks, and Spot Forex trading have large potential rewards, but also potential risk. You must be aware of the risk and be willing to accept them in order to invest in Futures, Stocks, and Spot Forex markets. This service is neither a solicitation nor an offer to buy/sell Futures, Stocks, and Spot Forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed. The past performance of any trading system or methodology is not necessarily conclusive of future results. Consult a Registered Financial Representative before making any trading or investment decisions.
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Tick Data Suite – Birt’s EA review

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Tick Data Suite - Birt's EA reviewClick Image To Visit SiteIf you were expecting a flashy sales page, I’m sorry to disappoint you. The Tick Data Suite is geared towards individuals who are not impressed by huge colored and possibly flashing text, so all that you will read below are facts that you should know prior to purchasing your copy.

Backtesting Forex strategies is certainly one of the most efficient ways of gauging their profitability potential. I would go as far as saying it’s THE best way unless you’re in possession of very extensive forward testing results. However, with Metatrader 4 – the most popular Forex platform nowadays – backtesting is inherently flawed. Metatrader 4 does not store the actual ticks coming from the broker’s server; the best data at its disposal is data from the M1 timeframe – it only has the open, high, low, close and number of ticks for each minute. So, if it only has these for values, you might be wondering how does it produce the ticks that happened within each minute and the answer is easy: it generates fake ticks through interpolation based on the tick count for each minute. If you didn’t understand what’s the problem yet, I’ll point it out for you: the ticks generated this way are not the real ticks, they are essentially fake ticks! Not only that, but Metatrader 4 is only able to backtest your robot using the fixed spread, whereas all good brokers nowadays use variable spread! It simply uses the current spread of your broker so, for example, if you’re testing an Asian scalper robot during the day, the results will be completely misleading.
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Written by Jason

November 22nd, 2014 at 8:27 pm