Hi,
I am trying to test an intra-day strategy in GBPUSD. Is there any charting software/data package wherein I can make hypothetical trades in the past and figure out the draw-down that would have been made while I was in a trade before I closed it. I want to see the max drawdowns for each trade before I closed it.
I have access to the data/ charts from te SB companies. But the problem is they don't provide tick data for the past. Also the 1-minute is only for last couple of days. Even if I use the 1-minute data it's difficult to get an accurate picture of the max drawdown that would have occured AFTER I entered the trade. As you would know cable can move a lot within a 1 minute bar.
Grateful if you could point me to the right software / package to perform such testing. Cheers..
I am trying to test an intra-day strategy in GBPUSD. Is there any charting software/data package wherein I can make hypothetical trades in the past and figure out the draw-down that would have been made while I was in a trade before I closed it. I want to see the max drawdowns for each trade before I closed it.
I have access to the data/ charts from te SB companies. But the problem is they don't provide tick data for the past. Also the 1-minute is only for last couple of days. Even if I use the 1-minute data it's difficult to get an accurate picture of the max drawdown that would have occured AFTER I entered the trade. As you would know cable can move a lot within a 1 minute bar.
Grateful if you could point me to the right software / package to perform such testing. Cheers..
