Zorro Trading Robot 1.04 - free download

Zorro version 1.04 is now available for free download from http://zorro-trader.com.

Many new features have been implemented in this version:

- Fuzzy logic functions. Replacing binary logic by fuzzy logic can achieve up to 20% better returns in trade systems (dependent on the system).

- sortData / sortIdx functions for sorting series and arrays.

- Examples for converting MQL4™ EAs, EasyLanguage™ scripts and NinjaScripts™ to Zorro were added to the manual.

- Open and closed trades can be enumerated with the forOpenTrades and forAllTrades macros.

- The AssetsList file name can be changed in the script for simulating a different broker or account.

- A Grid Trading strategy was added to the "Get Rich Quick" section.

- The includes automated systems Z1 and Z2 were improved, and a new system Z12 was also added that is a combination of Z1 and Z2.

- The dst function calculates the daylight saving time.

- The Zorro setup program is now Windows 8 compatible. Previously it had to be started in Win7 compatibility mode for installation under Windows 8.

A more comprehensive list of the new features can be found on the Zorro website.

Zorro is a free trading robot platform and automated trading trainer, supporting advanced system development and test features, such as walk forward optimization, portfolio analysis and many more. For learning automated trading and trade system testing, two free courses are available on this forum:

http://www.forexfactory.com/showthread.php?t=388887

http://www.forexfactory.com/showthread.php?t=390678

Does it use FXCM tick data for backtest?

By default it uses FXCM M1 data and simulates ticks internally. But you can also download real tick data when you have a lot of free space on your PC. The simulation accuracy however is not much better with tick data, at least not with the included systems that use 1-hour or 4-hour time frames.

BTW, this thread was old - meanwhile Zorro version 1.14 is available.

That means you provide tick data from FXCM? Why is the tick data simulation accuracy may be worse than M1 data? More possibility of curve fitting when backtest?

FXCM provides tick data through their API, and you can download it with Zorro's "loadHistory" function.

We have briefly experimented with tick data. The simulation accuracy is not worse, but also not noticeably better than with M1 data. The simulation time however is much longer. Therefore tick data is not suited for optimizing parameters, except maybe for systems with very short time frames, like scalping systems. But even then it's not really useful, as the difference between tick data and M1 data is mostly just white noise.

The inefficiencies in price curves that you can exploit with automated strategies appear normally on larger time frames, such as hours or days.