In the process of creating your own trading strategy or studying the efficiency of the Expert Advisor you need historical data. There is always a certain amount of them in the MT4 trading terminal for each trading instrument. But as a rule, this is not enough to do a quality test of the vehicle or robot. What do you do in this case? To solve the problem, you can download forex quotes archive. I’ll tell you how to do it today.
Loading quotes in MT4
This is the easiest way to solve the problem, which is available to all traders trading in the MT4 terminal.Proceed as follows.
Step 1. Undo restrictions on the maximum number of candlesticks in the history, which is set in MT4 by default. To do this, select “Service” in the menu of the terminal and then “Settings”. In the opened window we will be interested in the “Charts” tab:
In the field indicated by my arrow, you need to add nines. This basically means you can load as many quotes as our broker has at his disposal.
Step 2. Open the window called “Quotes archive”. To do this, select the “Service” tab in the MT menu, and in it we need the item:
Step 3. Now you need to select the trading instrument we are interested in, as well as the timeframe and click “Download”. And then we’ll just have to wait for the trading terminal to complete our task.
To start working with loaded quotes, you need to restart MT4.
Loading the quotes of another broker
Maximum history database may be different for different brokers. And not always the forex quotes archive that your broker can offer will suit you. Perhaps, it will not be enough to test the trading system or the work of Expert Advisors. In this case, you can take a more complete archive from another brokerage company and upload it to your terminal. It’s not hard to do that.
First, in the MT4 of a third-party broker, we perform the three steps I described above, but with one correction. After selecting the currency pair and timeframe, press “Import” instead of “Download”. And save the file in csv format. And then copy it and paste it into the corresponding folder of your broker’s trading terminal. You can find her like this. In the MT4 menu, select “Open data directory” and then click on the line “history”. In the opened window we search for a folder with the name of our trading account. We open it and insert the copied file. Before you do this, you should delete the old file for this currency pair with the same extension. I’d also like to draw your attention to one important point. Terminal time may vary between your broker and a third-party broker. To eliminate this discrepancy in the Import window, use the option “Shift clock”.
All, forex quotes archive is available in your trading terminal to the required extent. The only thing left to do is to use it competently to test and optimize your trading strategy or robot.23.07.2018