How to get 99.9% Modeling Quality on MT4 (BT)

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Hello there Of us,

There are quite a few procedures on the market over internet, how to get 99.9% Modeling Quality Tick Data for once more testing on MT4. Proper right here I will share a straightforward methodology which is outlined proper right here in particulars. I will copy the an identical step sensible with minor modifications.

Step 1: Arrange Separate MT4 Platform
Arrange a model new separate MT4 platform of your supplier and maintain it only for once more testing goal and don't use this for getting and promoting. You don't want to get hold of historic previous information from MT4 and likewise no need to load any charts. Merely log in using demo or precise account nevertheless don't change the account later. Take into accout, you need roughly 10 GB home in your onerous drive to get hold of 1 12 months tick information of 1 pair.

Step 2: Acquire Data
Acquire and arrange StrategyQuant's Tick Data Downloader. After completion of arrange, select configure and uncheck "Take away Weekend Data" and "Computerized Export to CSV" in case these are checked. Chosen your time zone and press Okay. Now "Change Acquire Differ" and chosen your dates (depends upon what variety of years of data you need). After that, select your pair/s and press "Start Acquire". It is going to take time primarily based on number of years. (One paid takes approximate 5-8 minutes to get hold of 1 12 months information).

By default setting, information could be saved at this location; C:TickDownloadertickdata

Step 3: Export Data to MT4
Acquire and arrange Tickstory Lite Ver 1.5.3 is free, nevertheless you in all probability have further cash, you can purchase latest mannequin. After arrange, copy (on a regular basis chosen copy and don't select Decrease) your pair folder from C:TickDownloadertickdata and paste it into Tickstory Lite information location, C:CustomersUserNameAppDataRoamingTickstoryTickstory LiteInformation. For example, for EURUSD, copy full folder and paste it proper right here.

Now open Tickstory Lite, you'll word that exact same date differ is being displayed in entrance of EURUSD which you selected in StrategyQuant's Tick Data Downloader. Go to FileSettingMT4 Setting and select MT4 Arrange and MT4 Data folders of your platform which you set in only for once more testing.

Now, correct click on on on EURUSD (or your pair) and chosen "Export to MT4", a model new window will appear with 3 tabs. Go to last tab "Help" and observe the instructions. Press "Deploy MQ4" and an EA file could be generated in "YourBrokerMQL4Specialists" Open your MT4 Platform, open chart of comparable pair (e.g. EURUSD) and place this EA on that chart. If market is open and in addition you see a smiley face in excessive correct nook, a model new file could be generated in "YourBrokerMQL4Information"

Now as soon as extra; go to related setting of "Export to MT4", go to second tab "MetaTrader Information" press Load and select the model new generated file from "YourBrokerMQL4Information". On this file, supplier shares important information (unfold, leverage, pair digits, commissions, swap, pip price and plenty of others) with Tickstory lite to be considered whereas information export. This file need to be generated for every single pair individually.

Select first tab "Data export", chosen the an identical date differ what you selected earlier, confirm "embrace weekends". You could be nearly completed. Sooner than pressing OK, ensure that, MT4 Output half on the end is true. (Mt4 Arrange sort out, Server Title, HST and FXT itemizing)

HST Itemizing Occasion: C:Program Data (x86)Your Supplier MT4historical pastDemo 2
FXT Itemizing Occasion: C:Program Data (x86)Your Supplier MT4testerhistorical previous

Press Okay and information could be exported to your MT4 platform.

Step 4: Make Data Data Be taught Solely
As quickly as information exporting course of full, shut your all apps (MT4 platform, Tickstory lite and plenty of others) and go to your HST and FXT directories (talked about above), select all data, correct click on on, properties, confirm "Be taught Solely" after which OK. If study solely area is filled with grey area, then you definitely definately need to double click on on to confirm (you might know such fundamentals).

Now you are ready to start once more testing. Open MT4 Plat sort, open chart of the an identical pair, press Net web page Up button and it will merely scroll once more chart to your start date. It confirms the knowledge copied effectively. Now you may have the ability to delete information from beneath given directories to save home.

C:TickDownloadertickdata and
C:CustomersUserNameAppDataRoamingTickstoryTickstory LiteInformation

Once more examine any EA, and you'll word full Inexperienced bar and 0 mismatched chart errors. In once more assessments, you'll word "Modeling Quality" n/a in its place of 99.9% nonetheless it might not matter as you'll word full inexperienced line and 0 mismatched chart errors. To get 99.9%, you need to purchase latest mannequin of Tickstory after which open MT4 terminal from inside Tickstory. Once you'll have the ability to export information with handbook course of, why do you have got to pay to get this amount solely when outcomes are related.

Your enter:
Kindly let me know, if I missed some important step. Moreover kindly share what's your methodology to get hold of reliable tick information. There are some drawbacks in above methodology (like slippage is not considered). Your options could be extraordinarily appreciated. Thanks

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.