But if you are going to set a custom Repository path let me give you a few tips.
Make sure that your backtest pane is tall enough to see the checkbox, though it should look something like this: Tick Data Suite buttons in MT4 Strategy Tester.
Top benefits of the new Tick Data Suite.In case you want to pause/resume, delete or change order of your download tasks you can do that using pop-up menu when clicking right-mouse button on a particular task.If you have downloaded history data by any of these applications you can import the data into TDM through settings: Tickstory, sQ Tick Downloader, jForex.So, if you run a strategy dealing with hundreds of pips per trade and only closes at a stop loss or take profit, the fact that the your backtest ticks are not the actual ticks is not so important.After Repository path is changed and data has been moved you can click OK to close the settings window and youre done.For the first thing I did is changed this path.After confirming a payment for honeywell compass 2.0 user guide the product, it will be immediately available for download.All users are encouraged to update, although TDS.x will still be supported until the end of 2016.And finally, a ton of other new features are planned so stay tuned and expect periodic updates!It is very important to backtest trading strategies (EA) using data of quality that is as high as possible.It makes backtesting on different time zones so easy.It will be enough for testing step #2: Click Start download and wait patiently Tick Data Manager downloading data In the picture above you can see TDM is downloading eurusd data and shows its progress as well as total size on disk already downloaded.
This is usually not so important to an Expert Advisor that uses stop loss and take profit targets of more than 100 pips, but in the case of scalping trading bots, your backtest will likely be completely misleading.
TDS allows you to multiply spread by a certain number or have spread addition, minimum and maximum limits.
Obviously you wont need some of these parameters, but having so many options TDS becomes most powerful MT4 backtesting companion on the market.In other words, the ticks generated this way are not the real ticks, they are entirely fake ticks!Data importing from other popular tick data downloading applications.Full refunds can be requested and if within the first 60 days of payment, it will be granted, but in order to avoid going through that, it's better to try out the full featured Tick Data Suite trial version before making a payment to determine.You can then preview any other review page with backtests to conclude the difference between tick data and history center data.D:Tick Data 2016 which is stored on my external hard drive.
Image below shows how easy it is to access TDS settings before you run backtest.
This allows you to control what swap MT4 should use during backtest, what minimum price distance ( Stops level ) and freeze level should be used, etc.