Do I need to save FXT for every timeframe?

General discussion about the Tickstory Lite software package.
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rg144
Posts: 1
Joined: Wed Sep 16, 2015 3:29 pm

Do I need to save FXT for every timeframe?

Post by rg144 »

Hi guys,

Looking for some help being new to Tickstory.

First- my understanding of FXT files is they contain the relevant tick data required by MT4's Strategy Tester (please correct me if I'm wrong).

My Question:
- Is one (1) FXT file required for each timeframe that you wish to test in MT4's strategy tester (using "Every Tick Method")?

Or

- Can we simply have one FXT file that can be used for testing all timeframes (Using "Every Tick Method")?

I understand HST files store different timeframes..

Appreciate your help.

tickstory
Posts: 4899
Joined: Sun Jan 06, 2013 12:27 am

Re: Do I need to save FXT for every timeframe?

Post by tickstory »

Hi Rg144,

An FXT file is required for every time-frame you wish to back-test in (eg. if you select "M5" in the as the Tester's "Period" you will need the 5 minute FXT file). The FXT file contains the detailed tick data that will be used by the strategy tester.

Technically speaking, the contents of the FXT file between time-frames is exactly the same except for a small piece of information in the header which describes the time-frame. It is this piece of information that unfortunately disallows you from simply renaming FXT files so you can back-test in another time-frame.

Hope this answers your question.

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