Posts Tagged 'csv2fxt'

Using TickStory lite to run backtests on Range, Renko, MedianRenko and PointO charts with 99% modelling quality

This short post is a quick “how-to” guide aimed at helping you utilize TickStory Lite software to download historical tick data and perform high quality backtests on RangeBars, Renko, MedianRenko, or PoitO charts. In order to prepare the necessary data, you’ll need an MT4 terminal, TickStory, and a custom CSV2FXT script (included in all PRO versions) for the corresponding custom charting plug-in that you wish to use.

When you first download TickStory, you’ll need to configure it ...

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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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