TICKor 1 minuted historic data

[zemlic]

Hi Guys,

If anybody can help, as I am new to this.

To cut long story short, I am writing dissertation on backtesting of trading strategy. It will be for intraday trading of Brent.

I found source of historical data going back to 2010. I do not know which data to download, if TICKS or 1minute data.(which is better??).

Tried to read a bit about that ( last 3 days) but nothing is really clear. When testing the trading strategy I will not need charts in TICKS, but somewhere I read that ticks are better as I can make charts at whatever timescale.

I will be using 1 minute, 5 minute, 15 minute.....etc bars for back testing. Is there really any point in downloading TICK data instead of 1 minute data? I do not think so, but want to be really sure.

Further more, do I understand this correct, that if I download 1minute historical data, NINJATRADER will allow me to change these into what ever bars required (5 minute, 30 minute, daily, weekly...etc).

Thank you in advance for any advice

[NinjaTrader_EricB]

Hello zemlic,

Thank you for your post. Yes, NinjaTrader will be able to take the one-minute data and convert it for other minute-based intervals. See the below section of our help guide for more on this.

See "Understanding the underlying base data type required for constructing various chart bars"


http://ninjatrader.com/support/helpG..._are_built.htm

[zemlic]

Thank you very much.

[zemlic]

OK, I have downloaded 1 minute date from dukescopy, but now I have a problem to convert them into the NT format. Can anyone PLEASE help with it as it is a complete nightmare.

Thank you

[NinjaTrader_EricB]

Below, I've included a link to our help guide that covers the data formats.

See "Understanding import file and data formats"

http://ninjatrader.com/support/helpG...?importing.htm