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Modelling quality for H1?

Posted: Fri Dec 21, 2018 7:41 am
by tarnteach78
Is it possible to use Tickstory to get 99% Modelling quality when backtesting on hourly bars instead of just ticks? How?

I do not need tick backtesting because my EA only runs on new bars and testing with ticks is much much slower.

Re: Modelling quality for H1?

Posted: Sat Jan 05, 2019 9:18 am
by tickstory
Hi Tarnteach78,

If you are referring to testing in "Open price" mode instead of "Tick mode", then yes, you can use this mode to do your back-test but by virtue of the fact that you are only simulating the open tick and not all ticks, it will not be 99% modelling quality.

If you want to test with tick data (99% modelling quality) but only take the first bar of every hour, you will need to code this into your EA.

Hope this helps.