Tuesday, October 18, 2005

Tick- or Minutefiles

Does it make a difference, if you have ESignal Tickfiles or use the simple IB TWS download Option, which gives you Minutebars instead of Ticks.

Here are my settings for October 17th for the Euro

Using an ESignal Euro Tickfile (Times are Central European Summer time)

Globetrader_093

And here the same with the IB TWS Download

Globetrader_092

As expected/hoped for, the results are the same. (So my cynical assumption, that in a trade the market will first go against you to shake you out was a correct one.)