I'm looking for a program that I can back test strategies for S&P mini futures. Specifically, setting TP and SL at certain % points above entry price. And preferably has tick data (or 1sec data) going back 20+ years.
You don’t need 20 years of tic data to find out if a trading system has potential. Backtesting is nothing more than a screening tool. The fact of the matter is that backtesting is a piss poor correlation to live trading results.
Tick or 1S definately help, closed M1 data is cheating and why I rarely back test. Main issue with going back 20years say is you need to know news times and importance of, don't want a position before the NFP for instance and risk a 100pt SL slipping move. Manual entries I gather ??
Metetrader doesn't support Tick / 1s charts, it'll only show tick on the quote screen live, not historic.
So true. You can turn a tiny edge into a large one with gambling and probability theory, but you need the live trade data.