Mar 13

Tick Data Suite – Birt’s EA review

Tick Data Suite - Birt's EA reviewClick Image To Visit SiteIf you were expecting a flashy sales page, I’m sorry to disappoint you. The Tick Data Suite is geared towards individuals who are not impressed by huge colored and possibly flashing text, so all that you will read below are facts that you should know prior to purchasing your copy.

Backtesting Forex strategies is certainly one of the most efficient ways of gauging their profitability potential. I would go as far as saying it’s THE best way unless you’re in possession of very extensive forward testing results. However, with Metatrader 4 – the most popular Forex platform nowadays – backtesting is inherently flawed. Metatrader 4 does not store the actual ticks coming from the broker’s server; the best data at its disposal is data from the M1 timeframe – it only has the open, high, low, close and number of ticks for each minute. So, if it only has these for values, you might be wondering how does it produce the ticks that happened within each minute and the answer is easy: it generates fake ticks through interpolation based on the tick count for each minute. If you didn’t understand what’s the problem yet, I’ll point it out for you: the ticks generated this way are not the real ticks, they are essentially fake ticks! Not only that, but Metatrader 4 is only able to backtest your robot using the fixed spread, whereas all good brokers nowadays use variable spread! It simply uses the current spread of your broker so, for example, if you’re testing an Asian scalper robot during the day, the results will be completely misleading.
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May 24

The Best Forex Trading System – One Percent Daily

The Best Forex Trading System - One Percent DailyClick Image To Visit SiteATTENTION: Forex traders use the best forex trading system to increase your account by at least 1% each day, trading manually or using the expert advisor (forex robot)…

The One Percent Daily automated Forex robot is very easy to setup. You do not need to be at your screen to place trades – it does all the work for you! Just like the manual trading system, it uses excellent money management and produces consistent results with very little drawdown. See how much money this forex trading system can make and read the customer testimonials on this page!
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