Hi,
Firstly, I am a programmer and not a trader. Have been modelling strategies and have a question about what to expect as I create a "Renko-Like" offline chart generator.
Using a 1 min chart is only an estimate of what to expect in real time with tickdata. So- I am getting excellent results while using 1 min histories as I create basket chart from 1 to 14 currencies.
1. News periods - would I expect to get a multitude of multiple-point ticks or a very fast sequence of ticks.
2. Other than news periods - how often do we have high volitility periods where ticks occur faster than an EA can process.
I have written a tool that gives me a very low rate of multi-point ticks but I am looking for insight into what happens over a long period of time.
Firstly, I am a programmer and not a trader. Have been modelling strategies and have a question about what to expect as I create a "Renko-Like" offline chart generator.
Using a 1 min chart is only an estimate of what to expect in real time with tickdata. So- I am getting excellent results while using 1 min histories as I create basket chart from 1 to 14 currencies.
1. News periods - would I expect to get a multitude of multiple-point ticks or a very fast sequence of ticks.
2. Other than news periods - how often do we have high volitility periods where ticks occur faster than an EA can process.
I have written a tool that gives me a very low rate of multi-point ticks but I am looking for insight into what happens over a long period of time.