How do we get Accurate/consistant historical forex Data?

H

Hooked2000

Historical forex data is an average of the trades in the interbank market. Is that correct?
So when backtesting I am using smothed data and is not a true representation of possible slop/chop and stops.

Is there a way or other feed ( Using CQG right now) to get the actual historical data of the market not a smoothed version?

Thanks
Greg
 
What you get is "smoothed" according to your specific broker demand curve, which may be slightly different from the interbank-average though commonly no more than a pip or two difference.

Why wouldn't you want to backtest on a smoothed data, if what you'll get from your broker will be "smoothed" ? Anyway it is relevant only to 1-2 minute timeframes (or smaller). On 5-min and longer timeframes the difference is usually insignificant.

I advise you to create a system that will not be too sensitive so a single pip difference will make it unprofitable.
 
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