OHLC Strategy Page 2 Forex Factory

How do you process tick data to match candle backtesting ?

Hi there,
I have a strategy that I have carefully backtested and optimized that works well on 15min and 30min candles. Now I've coded my trading bot, but I'm facing the following problem :
Having backtested on let's say 30min candle data, I have coded my bot to build the 30min candles on the go with the stream of ticks I receive from my broker. Therefore at H+00, and H+30 I have a full candle that I use to run the strategy and establish whether I send an order to buy/sell.
Now I realised that it may be better to use the tick stream to do a continuous calculation instead of waiting for H+00 or H+30...
But let's say my strategy uses for example the moving average of the previous 10 30Min candles, how do I match that using the ticks, as there are different amount of ticks each minute ?
If we assume there are 50 ticks per minute, then my strategy need to calculate the moving average over (30min * 10 periods * 50 ticks) 15000 ticks ?
Or should I average ~50 ticks into one and calculate over the mean value only ?
I'm a bit lost and I'm wondering what are best practices used by current trading bots to process the ticks data to run the strategy.
Thanks for the help !
submitted by Fredovsky to algotrading [link] [comments]

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