Tick tools - page 3

sebatian
676
sebatian  
mladen:

sebastianK

Not too much that can do to change that indicator into some user friendly mode

OK. Thanks

Sergey Golubev
Moderator
123517
Sergey Golubev  

Tick Tools

  1. Tick tools - key thread with many tick indicators.
  2. Tick indicators and EAs thread 
  3. PipsChart indicators thread 
  4. Ferret the PipsChart Trader EA: the thread
Sergey Golubev
Moderator
123517
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

How to Start with Metatrader 5

Sergey Golubev, 2017.02.15 06:04

TESTING TRADING STRATEGIES ON REAL TICKS

 

The article provides the results of testing a simple trading strategy in three modes: "1 minute OHLC" using only Open, High, Low and Close prices of minute bars; detailed modeling in "Every tick" mode, as well as the most accurate "Every tick based on real ticks" mode applying actual historical data. 


Sergey Golubev
Moderator
123517
Sergey Golubev  

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:

  • In MT5 you can backtesting robots with the closest possible conditions to the real market natively  (real tick data, real variable spreads, lag, slippage, etc). In MT4 you can't natively. You only can if you pay for a third-party software. If so, you also have to download history data from a few sources (there are many few, almost everyone uses the same source), transform it to MT4 format and open the platform through this third-party software in order to patch MT4 behavior. You take many hours to complete this process, and you have to repeat it every time you want to incorporate new data. 
    We have all seen hundreds of robots that obtained spectacular results in backtesting, but when operating in real account the results were very bad. This is mainly because they were made with conditions that had nothing to do with real market conditions.

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. 


Sergey Golubev
Moderator
123517
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

All (not yet) about Strategy Tester, Optimization and Cloud

Alain Verleyen, 2013.08.20 19:47

A must ! Before using it or asking any question : please read the Online Help  (Also accessible by F1 on your MT5 platform)


Strategy Tester

For Traders



For Programmers


Optimization



Cloud

Announce of the launch : MQL5 Cloud Network launched.

As Users

  • Tester agents/Remote agents/MQL5 Cloud Network agents‌/MetaTester 5 Agents Manager are no longer available for use in the 32-bit terminals: they can work only in the 64-bit systems: read more here 
  • Prohibition for using testing agents working on virtual OS in MQL5.Cloud - read more here

Some useful topic about usage of the Cloud :


As Providers (agents)

 





Work in progress, stay tuned !


Sergey Golubev
Moderator
123517
Sergey Golubev  

Creating Tick Indicators in MQL5 

In trading, it would be desirable to have an information as much as possible, to see the detailed picture of the price changes. You can use the tick chart. Let's try to create a tick chart in MQL5.

This article describes the creation of two indicators: a tick price chart and "Tick Candles" chart, that draws  the candles that contains a specified number of ticks. Each of the indicators considered write the received price values to the file for the construction of the indicator's data after restart of the client terminal (this data also can be used by the other programs).

Sergey Golubev
Moderator
123517
Sergey Golubev  

Rogue tick detector - indicator for MetaTrader 4 

Traders of all varieties have increasingly dependent on mt4's automated trading and custom studies capabilities to implement their speculative strategies unattended. The execution of these tools rely on the primary input: price feed. Each new price quote of bid/ask information comes on a new tick. If the price feed contains old or stale ticks, then it is possible that the price that is presented is no longer valid. However, when trading with algorithms, the trader would not know the difference quick enough to act just by looking at the chart until after the fact, even if the price difference was significant enough to see visually.

Sergey Golubev
Moderator
123517
Sergey Golubev  

I think - the previous post is related to the following indicator from CodeBase: ZoomPrice tick indicator - indicator for MetaTrader 5

Mark Ahrens
1440
Mark Ahrens  
Linuxser:

By the picture seems it's an screnshoot of MT4. If yes, indicator is already coded


Good morning,

Where can I get the indicator in either mt4 or mt5?

Thanks, Mark