Forum on trading, automated trading systems and testing trading strategies
MT4 & MT5 backtest
Sergey Golubev, 2017.02.17 20:53
If you are backtesting EA on MT5 using 'every tick based on real ticks' so it will be almost same with trading on MT5 platform with some particular broker (because it is based on actual historical data).
Example, read this thread: Why is it better MT5 than MT4?? Does it have fewer limitations ??? - this is the quote from the first post of the thread:
For more information about it - read this summary.
As i know - some coders/traders are converting their MT4 EAs to MT5 just to backtest them and/or to find the settings with optimization to get the backtesting results that are closest to reality.
Tick Chart - indicator for MetaTrader 5
The indicator displays the Ask and Bid, which are taken from the real tick history. Also, it is possible to evaluate the spread changes by visually comparing the Ask and Bid
Program/Code Ind. Help - Every Tick Sound Change
Hello Forex-Tsd & Traders & especially coders,
Congrats on this Fanastic community, just joined, here to stay lol
Help With Creating/Coding a Sound Indicator - "Every Tick Sound"
I hope that this explains fully the project and please feel free to comment or send any recommendations. Thank you very much in advance!
Background: The idea is that i constantly can't monitor the charts with my 'eyes' but it could helpful to monitor the market using different sounds with my 'ears'.
1. To create a sound indicator for MT4
2. Six Audio short files
3. Every 1 tick UP triggers the first sound file "beep up 1"
4. Every 1 tick DOWN triggers sound file "beep down 1"
5. Every 5 ticks Jump UP triggers sound file "beep up 2"
6. Every 5 ticks Jump DOWN triggers sound file "beep down 2"
7. Every 7 ticks Jump UP triggers sound file "beep up 3"
8. Every 7 ticks Jump Down triggers sound file "beep down 3"
Here is a Diagram Explanation to explain further - Attachment or on this PhotoBucket Link
Result -an alternative way to track/monitor the market tick movement, volatility (tick jumps) with different sounds that identify market price 'sound' action. This could as well help the trader determine the speed of the market and Avoid trading when the market is 'dead' 1-3 pip range.
This project will be free to use for all users
- Sound File 1&2 - Zip files with (wav./mp3) attached
Has this Indicator been created?