Download MetaTrader 5

Any Broker supporting binary options through MT4 plugin, and providing its own historical data? - page 3

To add comments, please log in or register
Fernando Carreiro
2973
Fernando Carreiro  
angevoyageur:
Real live.

I can't do it here.

To be clear I am just saying it exists, not that it could be profitable or you will get good historical data, or whatever.

Even if it is not the historical data for that particular broker, using a data from a different broker, will allow you to back test your EA and see if it is profitable. So, just use the tick data from a very famous source and test your EA with that.

As I said, the tick data differs only by small deltas between brokers, so even for M1 data the differences are subtle and should not impact your EA too much and is the equivalent of the impact of small changes in spread.

If your EA however is so sensitive to those difference that it suffers greatly from that impact, then rest assured that in a real live forward trading it will do just as badly if not worse on the real data feed.

Fernando Carreiro
2973
Fernando Carreiro  
angevoyageur:

From what I know, it' just not possible as they have opposite interest to yours, you win they lost. How can someone really hope to earn something in the long run ?

Maybe there are some true brokers as mentioned, then it could be an other thing, to verify.

Even with "good and true" brokers, the odds are stacked against the user!
pdenoeud2
43
pdenoeud2  
FMIC:

Even if it is not the historical data for that particular broker, using a data from a different broker, will allow you to back test your EA and see if it is profitable. So, just use the tick data from a very famous source and test your EA with that.

As I said, the tick data differs only by small deltas between brokers, so even for M1 data the differences are subtle and should not impact your EA too much and is the equivalent of the impact of small changes in spread.

If your EA however is so sensitive to those difference that it suffers greatly from that impact, then rest assured that in a real live forward trading it will do just as badly if not worse on the real data feed.

Do you have any advise where I can get accurate cheap tick data?
So either I use the tick data as is (but is slows down the back testing), either i rebuild one munute candles out of the tick data, is that correct?


Fernando Carreiro
2973
Fernando Carreiro  
pdenoeud2:
Do you have any advise where I can get accurate cheap tick data?
So either I use the tick data as is (but is slows down the back testing), either i rebuild one munute candles out of the tick data, is that correct?

I have answered via PM so as not to go against forum rules about 3rd party links.
Alain Verleyen
Moderator
33505
Alain Verleyen  
FMIC:
Even with "good and true" brokers, the odds are stacked against the user!
I am not sure what you mean ?
Fernando Carreiro
2973
Fernando Carreiro  
angevoyageur:
I am not sure what you mean ?
Just as WHRoeder pointed out! The rules of the game favour the "house"!
Alain Verleyen
Moderator
33505
Alain Verleyen  
WHRoeder:
pdenoeud2: I can make good money I think.
I think not.
  1. American Roulette 5%, Black Jack 1%, Craps 0.7% House Advantage in Casino Games from The Good Gambling Guide
  2. Binary options 30%.

Where does the 30%?
Fernando Carreiro
2973
Fernando Carreiro  
angevoyageur:
Where does the 30%?

I don't know about the exact number, however, I can place a Link to a site giving the calculations as to why the broker has a high edge in its favour?

Am I allowed to place the link here?

PS! Actually, I don't have to place the link here. A quick Google search and you will find quite a few sites explaining why there is such a high edge in favour of the "house" for Binary Options.

Alain Verleyen
Moderator
33505
Alain Verleyen  
FMIC:

I don't know about the exact number, however, I can place a Link to a site giving the calculations as to why the broker has a high edge in its favour?

Am I allowed to place the link here?

PS! Actually, I don't have to place the link here. A quick Google search and you will find quite a few sites explaining why there is such a high edge in favour of the "house" for Binary Options.

If it's about brokers in general no problem, about a specific broker, not allowed.
123
To add comments, please log in or register