A Quick and Simple Way to Master Trading with Forex History
Forex historical data is a must-have tool for back testing and trading. Forex data can be compared to fuel and software that uses this data is like an engine. Without high-quality tick data data package, it is impossible to analyze the market and make trading or backtesting decisions. If the auto does not have any fuel then no matter how great your engine is – it is useless. Most of the people who are into Forex are trying to find tick by tick data.
The reason for that is simple: good and classy historical Forex rates can guarantee that your backtesting results are correct. Your strategy can be wonderful but if you do not use good historical market data, you will never know about the quality of this strategy. Just imagine the situation when you use bad historical Forex data. In this case, you make decisions and refine your strategy as always but after that you go to the real market and find out that your knowledge and skills do not work there.
Probably you will blame your emotions as the cause of these faults. Maybe you will think that it is all about Forex market that changes so quickly and leaves your considerations out-of-date. But there is a chance that the issue is about your Forex data feed. If the market data feed you are currently using leaves much to be desired, then everything is worthless.
Discover the easiest way ever to receive the fullest amount of the high quality historical data and learn the lessons out of the Forex history.
How Does the Forex Historical Data Work?
- It is the key tool for the market evaluations to prevent potential losses or minimize risk exposure for traders;
- It provides the groundwork for predicting the market behavior;
- It reveals the patterns of the Forex market trend, in which conditions they start and fade.
The Reasons why you better do not search for Forex historical data on the Internet…
You can definitely find anything on the internet. So you think, you are done?
Not Really.
However, as it turns out it is not that easy, as it seems:
- the process consumes the most valuable resources – time and money
- you can find a lot of Forex history on-line, but how can you be sure about its authenticity or trustworthy or either it is relevant to your requirements or not
- the last but the most important – the quality of the historical data – high-quality historical data is needed for the precise evaluation of the Forex market.
What is the best way to get the Forex historical data of the high quality?
We have settled down everything on behalf of traders, so you do not need to search for the historical data of an appropriate quality browsing the web for hours and hours.
We have developed this service where you can download Forex history of different quality depending on the needs and requirements of your trading business.
We offer two types of the historical data packages:
- Free Historical Forex Data
- Paid Historical Forex Data (which consists of two types of subscription itself explained below).
Let us go for the details of each package to lean how they can be useful for you as a trader.
FREE vs. PAID HISTORICAL DATA
Free historical data appears to be a medium-quality information. The lack of the information about the rest of the symbols, the absence of the tick data and refreshing the database only once a month can result in the lower precision degree of the decision making
You might be wondering:
If free Forex history provides the limited amount of information, who may find it useful?
We have designed free historical database for understanding and know-how about the trends in the Forex market. If you just start your way through the Forex market and you need to get the very first impression on how it works – then probably the free data service will meet your needs.
How can you actually use it?
You can still can try out your strategies using the given amount of the data, but noone can guarantee that received results will be accurate enough and proper to rely on during the live trading.
On the other hand:
For the advanced level analysis and strategy producing, it is necessary to get the data of the high quality for more accurate forecasting and as a result – to succeed through the Forex trading.
What Difference Does The Paid Historical Data Service Make?
What does the high-quality data mean?
In comparison with the free data service, the payment-based subscriptions offer a wide variety of the advantageous characteristics to make your trading style even more effective than ever.
5 Key benefits behind the high quality Forex history
- 860 symbols, including currency pairs – major ones, crosses and exotic ones; commodities; futures, stocks (Australia, Canada, EU, UK, USA, Other), metals and indexes;
- Precise backtesting results on timeframes from H1 to W1 (for Standard subscription) and from M1 to W1 (for Super subscription). The last one provides an ideal environment for scalpers and short-term traders to try out their strategies!
- The latest updates every single day;
- With the Standard subscription, you get 1-minute data as well as 4-digits and 5-digits data, with the Super subscription you get even more – you accompany this data with the tick data;
- Information about the floating spread provided in the Super data subscription.
What does this mean for a professional trader?
1. Variety of symbols
The beginner trader probably can be satisfied with the 18 major pairs of the symbols (s)he can get free. Nevertheless, why would you narrow the area of your trade strategies instead of broaden the horizons of the markets to imply your skills at? Give it a go and trade through exotic currency pairs and commodities, find your interest in stock or metals. Feel free to find your favorite among 860 symbols traded all over the world you can test with the help of our historical data service. This opportunity can open the doors for new products or currency pairs that you never been interested in before.
Work through the advantages of using 7 major currency pairs, 29 cross pairs and even 95 exotic currency pairs; trade on 22 types of various commodities and 20 metals; find you interest in 111 indexes and 568 stocks, 2 futures and 6 cryptocurrencies.
2. Make every tick count
If you have already heard about scalping strategy or you are one of the scalpers yourself, then you definitely know the value of every single tick. While the 1-minute data provides you with the simplified information about the price changes, the tick data reveals all the minor price changes during the given period. Get the information how the price changed tick-by-tick!
Besides, with the Forex tick data you can get the real-time impression of the market trading. Prepare yourself to live through the emotions of the real-time trade!
3. Regular updates
Paid Forex data feed is updated daily.
Can you imagine if you receive your daily newspaper only once a month? Probably, you will feel a little bit “out-of-date”. Without any doubt, every professional trader wants to receive the data that is precise, accurate, but what is more important – the data must be received in a proper time.
Forex market conditions are changing very rapidly and it is inevitably for a trader to take timely actions according to the situation to avoid potential risks and losses.
4. Floating spread included
To succeed in Forex market trading you need to calculate all the factors on the way to profitable trading. Now, as you know how daily updates are important or what are the advantages of the Forex tick data, you should be aware of the fact, that absence of the floating spread in your estimations is able to affect the whole idea of your strategy.
For this reason, within the Super subscription we provide you with the tick data with the floating spread information to test your trading strategy through the conditions close to real-time ones.
Who may find the Paid Forex history useful?
It is hard to disagree:
The pre-paid subscriptions provide the broad range of the high-quality information to cover all essential needs of the advanced traders.
We do think that beginners will definitely benefit from using the high-quality historical data as well.
We imagine the free service of the forex historical data is more suitable for the newbies at the Forex market.
Let us explain why.
Once you decided to start your way as a Forex market trader, you can find yourself totally confused with the inner mechanisms of the Forex market.
If this is your case, feel free to download historical data package without payment to get the first impression and to orient yourself in the Forex trading step-by-step.
The operation with this kind of data can give you some approximate impression on how your strategies will process, but at the end, it can result in the low accuracy of the market research.
Despite of being a middle-quality data, the free historical data can be your first step in moving forward more serious and advantageous background for your trading strategies.
Whereas this type of historical forex price may be enough for amateurs, the experienced Forex traders will tend to use high-quality historical data, as it is a worthy investment into the future results.
Even more:
It is obvious that the free data package provides the information that certainly cannot cover the needs of the professional traders for the backtesting purposes. It narrows the opportunities of the advanced users in Forex trading and lessen their flexibility as traders.
So, we truly believe high quality historical currency charts will be an extremely useful tool for trading for any trader – both for professionals and newbies.
What kind of the paid subscription should I choose?
It is fair to mention:
You get the full amount of the high-quality historical data at very nominal rates.
You can probably deal with some uncertainty what kind of subscription to get. As you can learn from our site, you are free to choose between monthly and annual subscriptions both for minute and Forex tick data.
Check how easy it is to buy Forex tick data of the Super quality.
A simple calculating shows that the annual subscription is more beneficial, especially if you approach trading seriously and plan to stay at this market for years.
Backtesting your strategies on the high-quality historical data is the key thing that makes a significant difference between a lucky guess or gambling and a well-planned way to successful career. Consider the precise historical data purchase as a wise decision to spend the meager amount of money as the investment into the future attainments in the dynamic environment of the Forex trading.
Summary
We hope while reading this you realized that high-quality forex historical data is the golden mine for the successful trading. Great!
Now you probably wonder what kind of the prepaid subscription will meet your needs in the best possible way.
If you happen to be one of those traders who is immensely interested in trading and you are going to trade for life, the annual subscription is your best option.
If you select our annual subscription, you will get a discount determined by your kind of data. Therefore, it is much better and beneficial to buy our annual subscription of Forex data.
Once you determine to go for historical forex charts subscription, take into account that it is more beneficial to buy data in the bundle with Forex Tester software.
FAQ
What Makes Historical Forex Price So Effective Tool for Trading?
Do you still think backtesting on historical Forex is the unnecessary option for you?
Then probably you just on the verge of the trading or perceive it as a hobby, because the professional trades understand the importance of the backtesting based on the reliable historical data.
If you have a strong feeling that your trading idea may turn profitable, why not to put it to the test and check this in the environment close to real-time trading. After receiving positive results, you would feel yourself more comfortable to apply your methods during the live Forex trading.
Without proper historical Forex price, the exploit of the Forex strategies is a shot in the dark. Probably you can hit the target eventually, but the chances of such success are quite low.
How to choose between different types of Historical Forex?
We are sure, the first thing you have done after reading the lines above, was searching for the free historical Forex price on the Internet.
Without any doubt: it can be found there. However, no one can guarantee neither the quality of the historical Forex found on Internet, not the quantity of time and money spent browsing.
If you finally come across our service, then you right on the track, as we have found an amazing way to make relevant information attaining an easy and comfortable process for you.
Why do you really need the historical currency charts?
You won’t ever go skydiving without parachute, but lots of traders dive into the demanding world of trading without any serious backup.
We truly believe that backtesting your strategies at currency rate history can be considered as a firm back up for your trading style at the Forex market. Backtest your strategies, compare results and make yourself ready to face a live trading.
Where should you search for currency rate history?
Searching for quality source to download historical currency charts online is often a time-consuming and complicated process. The list of relevant websites is endless; yet, it is still very difficult to find a reliable source. The searching process becomes even more confusing and knotty.
Sounds familiar?
If so, it’s time to stop wasting your precious time and try our easy-to-use online service which enables you to get data you can trust in a couple of seconds.
All you need to do is to pick the suitable type of subscription, make a payment and you are ready to go into the challenging world of the Forex market trading.
Who will find each type of the currency rate history useful?
The pre-paid subscriptions provide the broad range of the high-quality information to cover all essential needs of the advanced traders.
We do think that beginners will definitely benefit from using the high-quality historical data as well.
Have you ever tried to find high-quality Forex historical data on the Internet?
If you did then you know how hard it is to get at least a descent data to say nothing of the tick by tick data. We know exactly what you feel while browsing tons of sites, spending lots of money and getting nothing in return. Since this moment you can forget about those inconveniences forever. To get free Forex data you do not need to register or wait for days or even weeks until it is possible to download it.
What kind of Forex historical price can you get free?
The package of the free historical Forex data is called a Beginner one not for nothing:
It covers the needs of the initial stage of the Forex trading. This kind of the historical data gives the information about the limited number of the characteristics:
- 18 symbols
- Opportunity to test your decisions on D1 and W1 timeframes
- Monthly updates
- 1-minute data and 4-digits data