" My issue was that my M1 data was not synchronised with my offline chart so my ticks generated from my M1 data did not make sense when viewing my offline data in the Strategy Tester." The same H4 chart becomes like this in "Every tick" model (with TDS): My Renko Offline chart in H4 as viewed under "Open Price" model: backtesting with ticks) just doesn't make use of it and recreate its own H4 chart (probably based on the fake H4 renko chart which isn't H4 at all) for backtesting and therefore all my trading decision has become wrong. I can successfully generate the renko offline chart (a H4 one) by placing the EA RenkoLiveChart in Strategy Tester. or maybe you won't have an issue.Īre you using BIRT's Tick Data Suite? Is the problem you're facing caused by TDS? and you will probably end up with the same timing issues that I had, try it and you will see.
The issue you are going to have is you need to get the Renko bars into the Strategy Tester. My issue was that my M1 data was not synchronised with my offline chart so my ticks generated from my M1 data did not make sense when viewing my offline data in the Strategy Tester. It needed an offline chart though and that was where the similarity came in. Just to be clear, I haven't ever used Renko bars, what I was working with was something completely different. Then, do another tick backtesting but this time with my own trading EA. Firstly, do tick backtesting with EA RenkoLiveChart and hope it can generate the same renko offline chart as in demo/live trade.Ģ.
On the other hand, I am thinking if the way to solve this could be as follow:ġ. However, it is actually based on M1 bars in the past to create the Renko bars, not based on ticks. I am playing with EA RenkoLiveChart ( ), to generate Renko in offline chart.
Oh, even you are trying something like this but find it not that straight forward. It worked OK but there are some tricky considerations to worry about. so the basic timing was from the standard data but trade decisions were based on the offline data. In the end I ran the standard data in the ST but my EA looked at the offline data to make trade decisions. I have seen something similar when I was trying to run an EA in the Strategy Tester using my own offline data.
This is serious issue and due to this reason it is very hard to develop/test EA on such charts.ĭoes anyone know how to test EAs accuratly on these types of chats?Īny commnets on this will be greatly appreciated. Therefore, during backtesting of these bar closing of (short or long) of orders results in profit which in reality it would have resulted in Stop Loss. In some cases I found that the tick movements in these Bars are not in the same order as they are in M1 chart and as a result STOPLOSS used in EA run on these chart do not exactly taken-out in the same way it would be on NOrmal Bars (like M1, M15,M30,H1. Most of the time these backtesting results give very optimistic and very profitable equity curves but in reality that do not match with real/live account.Īccording to my observation, the reason behind this is the way these bars are generated from standard M1 chart. Some of the vendors have their methods on how to back test but these methods do not back test accuratly. However, back testing EA on these charts is real problem. It is easy to attach EA and run EAs on these types of charts. There are several vendors charting system like Renko, rangebar, tick chart and so on.