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Record tick data from MT4
My computer is running 24/7. Is there a way to record 1M tick data or perhaps all timeframes. But if I have 1M, I canreconstruct all other timeframes, isn't it?
BEst regards
Benki
To capture tick data, you can use the "Tick Data Suite" software, which is a popular tool for this purpose. It allows you to record tick data for various timeframes, including 1M, and you can indeed use this data to reconstruct other timeframes if needed. Here's how you can do it:
1. Install the Tick Data Suite: Start by installing the Tick Data Suite on your MetaTrader 4 platform.
2. Configure Data Range: Set up the date range for which you want to record tick data. Be mindful of the disk space required as tick data can accumulate quickly.
3. Record 1M Data: After configuring the parameters, let it record 1M data, and it will store this information on your computer.
4. Reconstruct Other Timeframes: You can use the 1M data to reconstruct higher timeframes like 5M, 15M, or even 1H. MT4 has built-in tools to generate these timeframes from the 1M data.
Remember to ensure you have enough disk space for storing the tick data, as it can be quite data-intensive. Additionally, using accurate historical data can be crucial for backtesting and optimizing your trading strategies effectively.
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