TickStory  [SOLVED]

Questions about MultiCharts and user contributed studies.
shadrock55
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TickStory

Postby shadrock55 » 12 Mar 2015

I'm using Tickstory to pull free historical Forex data from the Dukascopy website, and I have a kind of dumb question.

The data comes in BID and ASK. Which series do I use to get the actual traded price for backtesting? Is there a way that I am supposed to import both series to get the best results?

shadrock55
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Re: TickStory

Postby shadrock55 » 13 Mar 2015

Henry, do you have any references for this? O wanted to try the import and back testing this weekend.

txls
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Re: TickStory

Postby txls » 13 Mar 2015

With tick data bid/ask files you could use extended backtesting mode.

shadrock55
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Re: TickStory  [SOLVED]

Postby shadrock55 » 15 Mar 2015

Here is what I found out. I just didn't understand how Forex works opposed to Futures, etc.

"Currency data only provides the quotes 'bid' and 'ask' values for Forex since there is no one central exchange that can provide definitive trade data. When constructing Open/High/Low/Close bars, you need to select which price - bid or ask - to use. Typically the bid price is used."


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