[Asser]

Hi Petko,

You say: “That is not a glitch. The data from the app is one, it is bars.”

If that’s the case, great! But then, why do we have to synchronize at all?
As you put it in your course: Even professional traders forget to synchronize the data with their broker.

You say: “It is about if your broker actually changes it or not.” (“it” meaning summertime to wintertime and vise versa)
I don’t understand your point, but I followed your instructions:

– I adjusted the timezone of my PC to UCT.
– I downloaded a new MT4 demo.
– My PC time showed: 17:32  (when it’s actually 18:32 where I live)
– My broker’s time showed: 19:32

– So I opened a EURUSD H1 chart on MT4.
– On Historcial data App, I loaded data from the App with (GMT) in the settings (GMT=UTC)
– The Price chart of EURUSD H1 showed a bar of 10. November 2020 at 16:00
– My broker’s MT4 showed the same bar of 10. November 2020 at 18:00
– So I adjusted the App’s settings to GMT+2
RESULT:
– The Price chart showed now the same bar of 10. November 2020 at 18:00 (PERFECTLY SYNCHRONIZED)
BUT…
– Going back on MT4 to 14. July 2020 at 10:00 (there is a distinguished bar)
– The same distinguished bar is showing at 09:00 on the App’s Price chart (SYNCHRONIZING FAILED)

My conclusion: Even though I don’t understand the point of changing my PC’s time zone to UTC and installing a new MT4, I did what you said and the problem remained the same.

Again:
If what you’re saying is that DATA IS BARS (meaning without timestamp), so why do we have to synchronize?
Am I over-synchronizing?

What if my broker changes the time from summer to winter and back again (as do many brokers)? Does that mean that the Historical data App is safe as long as the broker doesn’t change the time? In which case, the historical data App only applies to a few brokers.

Still confused Petko!

Can you or anybody else explain to me (in simple words) what am I doing wrong?

Thank you.

[Asser]

Got you!
Thanks Petko

[Asser]

Please note:
Same quick question: (see post #64814 above) but…

It WAS NOT in the course “Forex Trading with  EAs + 30 best strategies“.
Sorry for the confusion. I’m old…
but good looking nevertheless :-D
It was in Petko’s video with the title: “EURUSD Historical Data Explained“. It was at the video timeline: 05:52.

Please reply:
Was it an insignificant mistake? Or did Petko leave it to Friday on purpose?

Thanks.

[Asser]

Hey Petko,

One quick question:

In your course:
Forex Trading with Expert Advisors + 30 Best Strategies

I noticed that you’ve adjusted all the values in Tools > Symbol settings. BUT when it came to “Swap 3 days“, it was “Friday” with your broker, yet you left it as “Wednesday“.

Was it:
1) a mistake?
or
2) not so important (when you synchronize with your broker) whether you change it or leave it?

Thanks.

[Asser]

OK, I’m trying to digest your above guidance Ilan…

Two questions come to my mind:

1. If you “drag”(or import) a portfolio Expert (only one file with many EAs inside) to the Validator, you’ll be importing all the EAs inside, including the winning (and losing) EAs.
   It doesn’t make sense to me to recalculate the winning EAs in the Validator, since FXBlue already shows that they are winning.
2. Why are you removing all Acceptance criteria before running the validator?
   It doesn’t make sense either because logically you should be using the same Acceptance criteria that you used when generating the old strategies.

Thanks.

[Asser]

No need Ilan!
Found good articles in the blog.
Thanks again.
You’re the best ;-)

[Asser]

Very clear so far! Sounds simple too! But…
I’m very visual Ilan and have to see it and digest it so I understand it fully before practicing it. Therefore I’m going to search all the courses and the Blog to see if there are any videos or screenshots showcasing the process in action.
If you know where to look (I have all the courses), please let me know.
Is that the only method or the simplest one?
Thank you for the quick answer and for putting me on the right track Ilan, I really needed it.
Asser

[Asser]

Hey Tai,
Premium Data is data from Dukascopy as well.
Had the same question myself. You can read Petko’s answer by clicking here.
Have a great weekend.

[Asser]

Sure Petko. Delete it by all means. It’s not as useful as I thought.
Sometime I’d like to delete my stupid post myself but don’t know how or whether it’s allowed lol.
Thanks.

[Asser]

Hi Petko & yigityilmaz and everybody,

Here’s my plan and hopefully my roadmap:

Balance:
I have about $3000 to invest. Money from a family member, so I’d better do it right!

Broker:
Living in Europe, where CFD and high leverage trading are not welcome, and in order to avoid ESMA rules, I chose 2 Australian regulated brokers.

Assets:
Focusing (for now) on: EURUSD, GBPUSD, EURGBP and XAUUSD.

Historical data:
I’m convinced that approx. 5 years of historical data is adequate and gives us robust strategies. BUT I’m not sure that’s the way for me for two reasons:

1) I don’t have good historical data accumulated from my broker and it would take me years to accumulate 5 years of data.

2) Therefore, instead of using Dukascopy’s historical data and adjust them to my broker(s), I’m testing whether using the “EA Studio Data Export Script” combined with weekly update (to start with), gives me enough data from my broker. LOGICALLY fresh historical data (of a year or so), DIRECTLY from my own broker, should (theoretically & in my mind) be more suitable than 5-year-old data adjusted to conform with my broker. So, I’d like to see that with my own eyes.

As a beginner, I really miss a roadmap to START trading, not to CONTINUE trading. Many (if not all) of Petko’s lessons focus on how you continue trading – although he says different (no offense Petko – and sorry if I’m wrong).
What drew my attention (very much) is the fact that there’s a way to test the strategies you create without the need of demo trading. That’s by using the “OUT OF SAMPLE” method or (alternatively) by limiting your historical data using the “Data Horizon” when back-testing strategies.
I know that Petko doesn’t recommend trading live without demo trading first, but I’m getting old and running out of time & money. Furthermore, I see no harm in trading live with one or two EAs of 0.01 lot each per asset. THAT’S my plan.
Please comment.

Thank you.

[Asser]

test

[Asser]

Hey Petko,
My goal is to quickly convert bars into period of time. When I say quickly, I mean without the need to go into EA Studio and upload data (and then clean up) to see them converted. I’m sure I’m close to making an excel formula that does the job. Not sure if it’ll be useful. Sometimes I waste time on something that turns useful sometimes not. I’m not trying to share rubbish. Just trying to share what I see is probably useful.

[Asser]

Hi MARIN – HELLO MODERATOR:

I’m having a problem submitting my post. Obviously there’s a security plugin in Forex Academy that prevents me from submitting my post. Probably a word or a combination of words. Could you please get in touch with me (You have my email) so I can show you what I’m writing?

[Asser]

Assets:
Focusing (for now) on: EURUSD, GBPUSD, EURGBP and XAUUSD.

[Asser]

Hi Petko & yigityilmaz and everybody,

Here’s my plan and hopefully my roadmap:

Balance:
I have about $3000 to invest. Money from a family member, so I’d better do it right!

Broker:
I tried to reveal my broker but some security device prevented me from doing so. So I’ll skip this step.

Living in Europe, where CFD and high leverage trading are not welcome, and in order to avoid ESMA rules, I chose 2 Australian regulated brokers.

[Author]

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