convert real tick data to strategy tester fxt files
Info
The convert real tick data to strategy tester fxt files is a Script for MetaTrader 4 that when testing expert advisors in the metatrader 4 strategy tester, meticulous traders often encounter limitations in testing accuracy. this limitation arises because detailed quote history is stored by the terminal as minute candles.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Script works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Scripts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use convert real tick data to strategy tester fxt files
1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.
2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.
3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.
4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."
Frequently Asked Questions
Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.
Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.
Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.
What this tool does
when testing expert advisors in the metatrader 4 strategy tester, meticulous traders often encounter limitations in testing accuracy.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Script works on MetaTrader 4. Place the file in the MQL4/Scripts folder and restart the terminal.
Description & Settings
Related: i-spread3: real-time spread indicator - another powerful script for MetaTrader 4 traders.
when testing expert advisors in the metatrader 4 strategy tester, meticulous traders often encounter limitations in testing accuracy. this limitation arises because detailed quote history is stored by the terminal as minute candles. each minute candle is represented by only four values: open, close, high, and low prices.Also recommended: m1 quote base converter for strategy tester - similar script with strong performance on MetaTrader 4.
in many scenarios, this is sufficient for replicating real events, which the tester models by simulating price behavior within a minute candle. however, when reconstructing events during major news releases, simulation proves inadequate, and only detailed tick history can help restore real events.
this script converts tick history files from tks format to fxt format, placing the resulting file into the strategy tester folder. the program uses the chart's symbol and period to which it is attached as parameters for creating the corresponding symbol and timeframe file.
the start and end dates for testing are specified in the first two script parameters. the third parameter is for the preliminary history size (minimum 1, maximum - all available history for the symbol's chart) to be preloaded before testing begins. the fourth parameter is the spread in points. this value will be used during the testing process, overriding the spread set in the tester.
when launching the strategy tester, you must select the same symbol and timeframe used when running the script, choose the 'every tick' testing model, and set a date range that at least partially overlaps with the date range specified in the script.
the tks file (tick data) must contain sequential records of the following type:
struct
tickstruct
{
datetime
time;
// tick date/time
double
bid;
// tick bid price
double
ask;
// tick ask price
};
the script's operation is described in more detail in the article testing on real history.
You may also like: JForex OHLC Data Converter - excellent alternative for script users on MetaTrader 4.
Source Code
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property description "Educational code - RobotFX www.robotfx.org"
#property version "1.00"
#property strict
#property show_inputs
input datetime i_startDate = D'2014.07.28 00:00:00'; // Начальная дата/время периода тестирования
input datetime i_endDate = D'2014.07.29 00:00:00'; // Конечная дата/время периода тестирования
input uint i_minPreviousBars = 1000; // Количество баров до начала тестирования
input uint i_spread = 0; // Спред в пунктах.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.