How do we get Accurate/consistant historical forex Data?

Discussion in 'Data Sets and Feeds' started by Hooked2000, Nov 20, 2005.

  1. Historical forex data is an average of the trades in the interbank market. Is that correct?
    So when backtesting I am using smothed data and is not a true representation of possible slop/chop and stops.

    Is there a way or other feed ( Using CQG right now) to get the actual historical data of the market not a smoothed version?

  2. john_d1


    What you get is "smoothed" according to your specific broker demand curve, which may be slightly different from the interbank-average though commonly no more than a pip or two difference.

    Why wouldn't you want to backtest on a smoothed data, if what you'll get from your broker will be "smoothed" ? Anyway it is relevant only to 1-2 minute timeframes (or smaller). On 5-min and longer timeframes the difference is usually insignificant.

    I advise you to create a system that will not be too sensitive so a single pip difference will make it unprofitable.
  3. anyone else?