Is it possible to create your own tool with a generated random price wander chart consisting of minute bars on the MT4 chart?
You can simply generate bars in the indicator. Display them as candlesticks. This is not easy to do, but very simple.
It is important for me not only to observe the result (trends/flats, patterns, etc.) but also to work with it with indicators, scripts.
that there would be an ordinary chart of an instrument with an M1 TF from, for example, 2000 or 1990, with a name - "stool" or other...
Yes, you may. The only difficulty is that we have to generate SB on the basis of volatility of some real pair. For example, SB should be more volatile at 16:30 less - during the night session. How to do it correctly would be advised by the koreefeans. Such a sequence can be recorded as a CSV file and uploaded to the quotations archive in MT4, previously disconnected from the server. After that it is even possible to test Expert Advisors on such a chart. It would be fun to see their results.
I think the volatility at a certain time is too much, or too cool...
maybe a simple number generator and candlestick direction from the MetaDriver tester in Excel as an example? We take the generated values as points, and the "colour of the cells", as a bullish or bearish candle respectively.
We obtain rare minute bars with height of 17-20 points, and average ones with 1-4 points.
Volatility has to be taken into account after all. But C-4 is very scientific.
The easiest way to consider volatility is to use volumes. We take the built-in PRNG, let's say, averaged minute volumes, and then we start the cycle of tick generation. For each minute of the day, it generates as many ticks as the averaged volumes of that minute show. Form candles from these ticks and write them into a file. That is all.
For the "idealisation" of drawing a chart with a GCF with an approximate value to "modern" currency charts and their parameters, this may be suitable. But there is another point of view, we should not pay attention and be guided by volumes, volatility, and other parameters of modern instruments, because they are not true and do not reflect the real situation. At the same time, all pairs with different volatility, each different from itself in time (5 years ago and now), the parameters are many, what range to take, the volatility of the bar?
That is why it would be better to develop a tool (stool) with independent bar volumes and volatility, without any limitations, the limitations will be the SSC and the theory of probability. Who knows maybe the result 1:1 corresponds to the EUR/USD of 2013, tomorrow or the same as in 1990.
If generating a SB, why take the ox into account? What's the point of a bojan? The author, as I understand it, wants a SWR, not a CWR.
the abbreviation is not clear, what does it mean?
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Is that possible?
Because they give examples, take this one, change it, and everything is OK. Why, when you need a random number generator that generates the size of a minute candle (high/low) and its direction (bullish/bearish)? For example, this action is performed in Excel and then imported into MT4? Like this? Or how? Are there any ready-made solutions?
Sorry if the question is blunt, just can't get any certainty in the answers...