This tutorial explains how to setup Amibroker Intraday 1min database from ASCII data. This tutorial helps traders to build their database for the effective usage of backtesting purposes.
What is ASCII data?
In ASCII data in financial markets indicates the stock market data open, high, low, close, volume, open interest. Many real-time data vendors like globaldatafeeds, true data provide intraday 1min ASCII data, and also one can import the intraday 1min ASCII data from some of the popular trading terminals like NEST, Sharekhan etc.
What is the use of ASCII data?
One can import the ASCII data to maintain a historical data repository which is very much useful from a traders pespective to backtest large amount of dataset and one can verify and validate the effectiveness of their trading strategies.
Here is the tutorial from Globaldatafeeds to setup and import IEOD database into Amibroker software