If you are trading the hour chart, why are you downloading lower timeframes?
It is MT5 that only has M1 data and creates all higher timeframes.
I startet using MT4 last week so cant say I know much about it.
But you say only MT5 has the lower timeframes >1hour ?
The strategy is based on two timeframes. 1min and 5min.
Why dont MT4 have lower timeframes?
Thanks!
You misunderstand.
On MT4 you can have lower time-frames all the way to M1, of which each time-frame is sourced separately from the broker, each time-frame with a different starting date.
On MT5 however, the broker only supplies M1 data, and all the other time-frames are internally generated from that M1 data, so all their starting dates are the same.
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
Hi,
I want to backtest a EA strategy on Indices, DE40 1min.
I try to download 1min data, but there are no more data back than 1 week.
Is there any place I can get this data?
In worst case get free DAX data somewhere?
I`m only interested in the trading happening in open hours of DAX anyway...
Thnx :)