Backtest MT5 EAs with 100% Modelling Quality - Quant Data Manager (Free Tool)

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  • Опубликовано: 14 дек 2024

Комментарии • 94

  • @ReneBalke
    @ReneBalke  7 месяцев назад +3

    *Free high quality Tick Data for MT5: strategyquant.sjv.io/m5Myxa
    *Free multi backtest portfolio anaylsis: strategyquant.sjv.io/zNMGd7
    *EA Builder/Strategy Development: strategyquant.sjv.io/y2MAMy
    Use coupon code < BM10 > for 10% off on all StrategyQuant products.
    I am super stoked to announce that I partnered with StrategyQuant. They provide great tools for us algotrader such as a tick data downloader for MT5 price data or a multi backtest portolio analysis tool. They also offer a fully functional EA builder that helps you to create and optimize trading strategies for many trading platforms without coding.
    If you follow this channel for a while you will know that I do not work with a lot of partners and choose cooperations carefully. After having some calls with the team and trying the products I immediately realized the benefits for my own strategy development and trading. Therefore I am happy for the chance to promote their products.
    The developer team at StrategyQuant put over 10 years of work into creating these programs and they still provide standard versions completely free of charge. This is a great way to get used to the program and eventually purchase a pro license if you want to use every feature it provides.
    Hope you like the tools!
    All the best and good trades :)
    René

  • @jdanyonsan1950
    @jdanyonsan1950 4 месяца назад

    Dude. The. Quality. Thanks!!!

  • @maximinmaster7511
    @maximinmaster7511 Месяц назад

    Thank you René !

  • @aleksander4711
    @aleksander4711 7 месяцев назад +3

    Recently i found out that in tester esp. in indexes there are blackout periods, for example when testing 4 year us500 ea , last two years are without any trades.

    • @ReneBalke
      @ReneBalke  7 месяцев назад

      Is there no data at all or just not for specific hours? I also realized this in the dukascopy data. For some years in the dow jones there were missing hours in the morning.

    • @aleksander4711
      @aleksander4711 7 месяцев назад

      I test on ic markets broker data, when check dates from 2020 to 2024 last trade ea makes is in 2022, but then when i separatly test period 2022 to present date of 2024 new trades are carried out but for example only till the end of 2023, and further test show trades alson n 2024. It doesnt matter whether i test on open prices or one minute ohlc. it looks like some tester error.

    • @ReneBalke
      @ReneBalke  7 месяцев назад

      @@aleksander4711 Weird maybe it is an EA issue?

    • @aleksander4711
      @aleksander4711 7 месяцев назад +1

      this could be true, but it behaves this way mostly on indexes and tf like 5 or 15 min. i have to try another source of data and let You know.

    • @aleksander4711
      @aleksander4711 5 месяцев назад

      It looks there was a problem with EA, a flag was not reset on certain market conditions.

  • @flyingvnman
    @flyingvnman 3 месяца назад +1

    can you make a tutorial video about using the QuantAnalyzer?

  • @sylvestredjagbavi7395
    @sylvestredjagbavi7395 7 месяцев назад +2

    Thank you Mr RENE 👍

  • @joaosporting8343
    @joaosporting8343 5 месяцев назад

    Amazing video René thanx a lot for the share and well explained 👌

  • @MF-ec6ib
    @MF-ec6ib 7 месяцев назад

    Thank you for that René!

  • @antoniomachado8782
    @antoniomachado8782 7 месяцев назад +2

    Hi René, awesome tool this Quant Data Manager!!
    Let me ask you some piece of advice on how to integrate trading costs when backtesting using this data?
    Should we?
    I noticed the data includes Bid and Ask, so, I guess the spread is "already there", correct?.. Or not necessarily? But, it is the spread from Dukascopy...
    What I'm thinking is: "can we have that spread as a good reference, so to speak?.. And just use it quite reliably?
    And what about comissions, do you think we should add some comissiona on the strategy tester when backtesting?
    Thanks a lot!!

    • @ReneBalke
      @ReneBalke  7 месяцев назад +2

      You should definitely integrate trading costs ;) The commission can beset up in the MT5 tester directly. Maybe I should make another video for this. THe spead is already in the data. If your broker has a completely different spread it might make sense to adjust the spread for the custom data. That can be easily done using a mql5 script. Check this out: ruclips.net/video/7be9p3gVZd8/видео.html

    • @David_Pendragon
      @David_Pendragon 7 месяцев назад

      Hi René,
      Great video again !
      I wonder if we can implement other (custom) trading costs than spread and commissions in the backtest ?
      For instance, can we simulate slippage, rollover fees, etc. ? If yes, how ? Could you make a video about it, it would be great for the comminity.

    • @ReneBalke
      @ReneBalke  7 месяцев назад

      @@David_Pendragon not really easy actually :/ i think you would have to track these things manually in your code

    • @David_Pendragon
      @David_Pendragon 7 месяцев назад

      Interesting. Are there any other platforms able to do such things ? Strategyquant for instance ?

  • @SharonDonohoe
    @SharonDonohoe 4 месяца назад +1

    Hi Rene - i'm a novice learning from your channel - thank you your videos they are awesome. I have downloaded tick data without any problems following your video however I have a question when I backtest say your Turnaround Tuesday strategy I can see that their must be missing data as it starts off okay being the Monday but then it jumps to say a Thursday etc. I used the free version download do I need the paid version or am I missing a step - do I need to analyse the downloaded data for gaps etc? don't know where to go from here would appreciate any advice as I can't get the testing data right I can't move forward. TIA :)

    • @SharonDonohoe
      @SharonDonohoe 4 месяца назад

      I think I will just purchase...... I can see that the paid version is verified and I am sure I will be needing this date in the future - thanks

  • @weskersteve8887
    @weskersteve8887 4 месяца назад

    It's so wired that I had to press the request button after importing, which troubles me for 3 days! Thanks Rene!

  • @tjasa993
    @tjasa993 4 месяца назад

    Hi Rene, thank you for your video!
    I wonder, since the data comes from Dukascopy, I could also use the Ducascopy MT5 demo account for trading and use it for backtesting?
    I would achieve the same history data quality or am I wrong?

  • @DomiMussLos
    @DomiMussLos 2 месяца назад

    I have a question. I have uploaded the data to IC Markets and also tested it. But now I only have a live account with Vantage. Is that a problem or can I plan with vantage with similar results as in the IC Markets environment?

  • @Peter-ny1nd
    @Peter-ny1nd Месяц назад

    thanks for explanation

  • @Spectre.007
    @Spectre.007 5 месяцев назад

    does the .CSV file have expiration date? because i cant use it now after several tests. Im getting "connection closed" error from Core1 Agent in Journal in MT5 strategy tester

  • @Mamu193
    @Mamu193 7 месяцев назад

    Thank you Rene! Really helpful tool 👍 What do you do when testing for example the Open Range Breakout EA if your Brooker changes the server time from UTC+3 to UTC+2 in winter and from UTC+2 to UTC+3 in summer? Are there significant differences in the results if you choose either UTC+2 or UTC+3 for the time settings of the data and test a whole period of several years? Do you have experience of this?

    • @ReneBalke
      @ReneBalke  7 месяцев назад

      You mean for testing? I do not really care about the DST when testing. I just use the same settings for the whole testing period and just make sure that my testing data takes the DST into account.

    • @daleenkleyn741
      @daleenkleyn741 7 месяцев назад

      Hi Rene, thanks very much for this great information I have bought a subscription to download the data fast. But is it necessary to change the time zone?

    • @ReneBalke
      @ReneBalke  7 месяцев назад

      @@daleenkleyn741 make sure to watch the complete video ;) i explain how to clone the data to a timezone

    • @daleenkleyn741
      @daleenkleyn741 7 месяцев назад

      Thanks Rene. But I mean, is it necessary to clone the data to a timezone, what if I skip that step because I do not trade during certain time zones?

  • @tomaszszebesta4078
    @tomaszszebesta4078 2 месяца назад

    Rene... your IP is visible at he top of the screen... or IP of your VPS with trading trading machine.... seems risky. Besides great video and chanel. Keep doing it. :)

  • @aitalk622
    @aitalk622 7 месяцев назад

    PERFECT TUTORIAL :)

  • @imkechacholla8135
    @imkechacholla8135 6 месяцев назад

    Hi Rene, is it possible to make a video showing how to handle and upload the data with/into MT4? I would really appreciate that 😊

    • @ReneBalke
      @ReneBalke  6 месяцев назад

      Actually I do not really work with the MT4 at the moment. But I am sure that you can read about this on the StrategyQuant website. Or ask their support. They know the product best :)

  • @netor9773
    @netor9773 6 месяцев назад

    Is such a report a 100% reflection of the strategy or is there any margin of error?

  • @kwanchaimorbhan8958
    @kwanchaimorbhan8958 5 месяцев назад

    I would like to do MT4 backtesting with a cent account. Please show us a proper way of cent account backtesting. Thank you very much.

  • @mikkinikki1902
    @mikkinikki1902 7 месяцев назад

    with significantly different outcomes that metaquotes data, now just which will I trust?

  • @kylemaharaj9563
    @kylemaharaj9563 6 месяцев назад

    Thank you! 😁

  • @cr4zyke
    @cr4zyke 7 месяцев назад

    Hi Rene,
    Thanks for the video.
    I'm also using ICMarketsEU. Could you please clarify why you imported the data in EST+7 New York Trading hours? Why not UTC+2?

    • @ReneBalke
      @ReneBalke  7 месяцев назад

      EST+7 is UTC+2 ;) It is more about the DST shift. In the Quant Data Manager the EST+7 timezone uses the US daylight saving time shift dates and IC Markets also uses these.

  • @focusonwhatyoudo
    @focusonwhatyoudo 17 дней назад

    How can I get the DE40 symbol from Quant Data Manager?
    thank you

    • @ReneBalke
      @ReneBalke  17 дней назад +1

      I think it is Ger30

  • @MF-ec6ib
    @MF-ec6ib 7 месяцев назад

    Hey René, I just did the steps you described, but when I want to export the data set it says the new symbol "... doesn´t contain any data". Can you help?

    • @ReneBalke
      @ReneBalke  7 месяцев назад

      Make sure to ask the quant data manager support team about this :) maybe you just forgot to select the data you want to export?

    • @ReneBalke
      @ReneBalke  7 месяцев назад

      Did you select the data you want to export? Also make sure to ask the support about this :)

    • @MF-ec6ib
      @MF-ec6ib 7 месяцев назад

      I deleted the symbol data (somehow it didn´t contained any data) and downloaded it again. Now it worked :) Thanks a lot anyways for your reply! Support is a good hint :P

  • @tonyaguib2648
    @tonyaguib2648 7 месяцев назад

    Hi René, can we just import ticks from theQDM csv directly to the original symbol (like EURUSD) without creating a new custom symbol?

    • @ReneBalke
      @ReneBalke  7 месяцев назад +1

      I think this is not possible in MT5. The data for the "normal" symbol is always coming from the broker what kinda makes sense ;)

  • @flyingvnman
    @flyingvnman 6 месяцев назад

    this tool is nice but it doesnt have US30 or ES .... where do you find the data to test your stock and indices strategies like go long and turn around tuesday?

    • @ReneBalke
      @ReneBalke  6 месяцев назад

      Did you check the dukascopy data? You will find the indices and stocks ;)

  • @EAFXtrader
    @EAFXtrader 6 месяцев назад

    Great video Rene, thanks for posting
    I notice at the end of your video it says 99% history quality, not 100%. Do you know why? With TDS I always get 100%

    • @ReneBalke
      @ReneBalke  6 месяцев назад

      Maybe i included some days without data in my test.

  • @hernanfajardo9034
    @hernanfajardo9034 6 дней назад

    Hi bro, question. That data can be used to optimized a bot?

  • @voodookid1000
    @voodookid1000 7 месяцев назад +1

    Hey Rene, do you think this tool is better than tickstory?

    • @ReneBalke
      @ReneBalke  7 месяцев назад

      Actually it is kinda similar I would say. BUT this one is a lot cheaper. So considering this I would use it every time over tickstory or the tick data suite now.

    • @voodookid1000
      @voodookid1000 7 месяцев назад

      @@ReneBalke Ah okay 👍 Thank you for your reply 👍

  • @mohsinj2298
    @mohsinj2298 5 месяцев назад

    What about real time spreads?

  • @jay_ob5437
    @jay_ob5437 6 месяцев назад

    Guys, am getting a "Real ticks not found" error when using QDM what could be the issue😢

    • @jay_ob5437
      @jay_ob5437 6 месяцев назад

      Okay so this only happened with Dukascopy, tried DarwinX and the(their) tick data worked fine(I don't know about the quality) but I'd still like to know what the issue was incase it's happens again with DarwinX so feel free to chime in.Thanks in advance

  • @Spectre.007
    @Spectre.007 5 месяцев назад

    my FTMO MT5 is on GMT +3

  • @DalazG
    @DalazG 7 месяцев назад

    Curious do you plan on making any tutorials how to code an ai neural network EA that can create its own strategy?

    • @ReneBalke
      @ReneBalke  7 месяцев назад +2

      Phuuu honestly I do not really see this :D I am not an expert when it comes to AI and this does not sound like an easy task :D

    • @DalazG
      @DalazG 7 месяцев назад

      @ReneBalke ah gotcha, there aren't many programming tutorials online for mt4 and mt5 in general so you're already sticking out in the niche. Keep up the awesome work!

    • @ReneBalke
      @ReneBalke  7 месяцев назад +1

      @@DalazG Thanks!

  • @NasdaqInvestors
    @NasdaqInvestors 7 месяцев назад

    Hello René. I thought that MT5 was already giving us high quality tick data. When I test real tick data, the results come with 100%.

    • @ReneBalke
      @ReneBalke  7 месяцев назад +4

      Depends on your broker. Most broker only provide tick data for some month at max.

    • @NasdaqInvestors
      @NasdaqInvestors 7 месяцев назад

      @@ReneBalke I work with Activtrades and I can test for more than 4 years wit 100% data.

  • @alainkhairallah4371
    @alainkhairallah4371 7 месяцев назад

    So you would have to download data every month for example, right ?

    • @ReneBalke
      @ReneBalke  7 месяцев назад +1

      Yeah if you want to have up to date data you have to update it frequently ;) but in this case you only have to import the missing data to mt5

  • @flyingvnman
    @flyingvnman 7 месяцев назад

    where do u rent your VPS, are there any free VPS services that you know of?

    • @ReneBalke
      @ReneBalke  7 месяцев назад

      I use a VPS from Strato. Have a look at this: ruclips.net/video/9O1wElRvX2E/видео.html
      It is not free though and it is a German provider. So I do not think it is good for you if you do not speak German. So far I did not find free VPS solutions.

  • @flyingvnman
    @flyingvnman 7 месяцев назад

    Have you used AI bot to trade and Do you think AI bots are better and more stable than traditional bot and why?

    • @ReneBalke
      @ReneBalke  7 месяцев назад +1

      Never used it and not really a fan of it. But also I am not an AI expert..

  • @dijae
    @dijae 7 месяцев назад

    If we use data from them, and our broker has different TDRL, there which one will be reliable and fit to the strategy? Knowing of course the filters needed, market phases and conditions.. thanks man!

    • @ReneBalke
      @ReneBalke  7 месяцев назад +1

      What is TDRL? But in general it always depends on the strategy. I made some tests and the results where very similar in the tests compared to a live account. I had other programs (especially short term trading programs that use many stop orders) and the results were very different.

    • @dijae
      @dijae 7 месяцев назад

      @@ReneBalke i totally agree, sorry about TDRL, it's just tick data on real time hahaha go you there!.. so so far with walk forward testing and analysis, the data shows promising like how much do you think is the difference in trade counts and PNL?

    • @ReneBalke
      @ReneBalke  7 месяцев назад +1

      @@dijae Ahhh got it :D:D What is PNL?... Just kidding :D:D:D In my comparisons the trade count can be off by 1-3% I would say and PNL also by up to 10%. But often the live results have been slightly better even.

    • @dijae
      @dijae 7 месяцев назад

      @@ReneBalke haha cool that sounds like a fair value. Were you testing on ecn or standard? I was using tickstory but I think there's more into strategyquant

    • @ReneBalke
      @ReneBalke  7 месяцев назад +1

      @@dijae i use dukascopy data for testing and a ic markets raw spread account for live trading

  • @Die.Gruenen.sind.unser.Ende.
    @Die.Gruenen.sind.unser.Ende. 7 месяцев назад

    You should also show how to import the data into mt4.

    • @ReneBalke
      @ReneBalke  7 месяцев назад

      Yeah maybe but actually I do not work with MT4 anymore :D If you need help with it make sure to ask the StrategyQuant support team :)

  • @flyingvnman
    @flyingvnman 6 месяцев назад

    the download speed drives me crazy man. too slow compare to TDS. but the 14 days has expired. now I dont know where to get

    • @ReneBalke
      @ReneBalke  6 месяцев назад +2

      Bro you can just get the pro version :D it is not expensive and with my code BM10 you even get 10% off ;)

  • @NasdaqInvestors
    @NasdaqInvestors 7 месяцев назад

    René is it possible to ask you to test my robots, availabe in mql5 marketplace? It is very important for me to get some feedback from someone like you. I would really appreciate.

    • @ReneBalke
      @ReneBalke  7 месяцев назад +1

      It is possible to ask but I would kindly deny :D I get too many requests like this so I hope you will understand.

  • @kroedis
    @kroedis 7 месяцев назад

    Well this is great

  • @rajdeepjagtap9821
    @rajdeepjagtap9821 5 месяцев назад

    How to backtest EA on MT4

  • @kisumang7971
    @kisumang7971 2 месяца назад

    100% modeling quality is not meaning 100% backtesting result as same like forward testing.
    actually 90% of default set mt5 backtesting and this 100% result will be similiar . i don't think so this software have much benefit.

    • @ReneBalke
      @ReneBalke  2 месяца назад

      agreed. for me it is not about the % quality but more about the price data itself. not every broker provides the 1M price data for so many years.

  • @instaindicator2427
    @instaindicator2427 4 месяца назад

    thank you