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[Please Vote] What financial markets do you trade now?

mtaufik

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Posts posted by mtaufik

  2. Megadroid Pro (links first post)

    in MetaTrader Expert Advisors

    Posted

    Re: Megadroid Pro

     

    Hi again hyperdimension,

     

    Does your office subscribe to other vendors like Olsen or Tenfore? They're considered to be top quality (but very expensive).

     

    Oanda's tick data is also considered to be good quality, and it's free if you have a live funded account with them. I made a request for it here: http://indo-investasi.com/viewtopic.php?f=40&t=4425

     

    No my office doesn't subscribe to Olsen or Tenfore, we are a big subscribers of Bloomberg, I know my office paid tons of money to subscribe Bloomberg and extra fees for the ability of pulling data from their servers.

    That's why I was thinking of "making use of" it.

     

    In the future I am planning to open an account with Oanda, the thing that ticks me off is that they charge you money for using their API features, I am planning to write an automated trading program using their API, I haven't decided whether I would go with OANDA or Interactive Brokers.

     

    A lot of people are underestimating the accuracy of data, and many people think that with 90% modelling quality data from MT is enough for backtesting, well, that's why they are surprised to see why in live trading the results are A LOT OF TIMES giving bad results.

     

    So if anybody has a good source of data (EURGBP, EURUSD, EURCHF, CHFUSD) please upload it on 4shared or rapidshare, so we can use it for strategy tester.

     

    Anybody who are interested in finding out how to backtest with 99% data quality please read the attachment.

    (Rename Backtest 99pct.mq4 into Backtest 99pct.zip, then unzip the file to read the word document, this is because file with zip extension is not allowed as an attachment).

     

    Thanks,

    Taufik

     

    Backtest 99pct.mq4[/attachment:2grni8h8]

  3. Megadroid Pro (links first post)

    in MetaTrader Expert Advisors

    Posted

    Re: Megadroid Pro

     

     

    Just joined this thread...

    Totally agree with you hyperdimension, I've done a lot on backtesting myself back then only to find the backtesting results are quite different with real trading.

    Of course I've done a lot research on how MT4 uses the interpolation on it's "every tick" data, which would affect on EAs that take profits around 5-10pips.

    I have been planning to download "real time" data from my office which subscribes "bloomberg data", I need a favor from one of my colleagues to do it, and I haven't had a chance to talk to him. I am not sure how much data I could get from this terminal and how accurate it will be.

    I'll let you know if I have the data.

    You've probably seen the thread of how you could collect data from your broker ("tick by tick") by running a mq4 scripts, but of course this would not guarantee you'll get 99% quality as this would also depend on your broker and your internet connection and so on and so on...

    Anyway good luck to everybody on this EA, I will try it myself when I got the time...

     

    Taufik.

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