Posts Tagged 'backtesting with 99% modeling quality'

Using Tick Data Suite 2.x for testing MT4 EAs on renko, range bars and other custom charting types

Tick Data Suite (TDS) has been around for quite some time and although it was certainly a great tool for backtesting it was not really a “suite of tools”. It was strongly dependant on a few more utilities to get the job done.

For starters, the average tester first needed to acquire and process tick data using third-party tools such as Tick Data Downloader, TickStory, and of course the CSV2FXT converter script. TDS 1.x was essentially a special loader that performed ...

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How to properly backtest RangeBars, MedianRenko, Renko and PointO using Tick Data with 99% modeling quality

This is a short guide on how to properly backtest EAs on Metatrader4 using Tick Data and price based charts such as RangeBars, MedianRenko, Renko, and PointO.

One of the most common mistakes when backtesting strategies on price based charts is not understanding how these very specific charts work and thus incorrectly performing backtests, which may lead to frustration when later finding out that actual trading results are not even close to what one may expect after witnessing a flawless backtest ...

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