Forexite provider (free intraday Forex data)

Modified on 2012/02/01 12:30 by Eugene — Categorized as: Providers

What it is

This is a static data provider that downloads historical intraday data (1-minute, Central European Time GMT+1) for up to 18 Forex currency pairs from Forexite. The data for the following cross rates are available:

AUDJPYAustralian Dollar / Japanese Yen
NZDUSDNew Zealand Dollar / US Dollar
EURUSDEuro / U.S. Dollar
EURGBPEuro / British Pound
USDJPYU.S. Dollar / Japanese Yen
USDCHFU.S. Dollar / Swiss Franc
GBPUSDBritish Pound / U.S. Dollar
EURJPYEuro / Japanese Yen
EURCHFEuro / Swiss Franc
GBPJPYBritish Pound / Japanese Yen
GBPCHFBritish Pound / Swiss Franc
CHFJPYSwiss Franc / Japanese Yen
EURCADEuro / Canadian Dollar
USDCADU.S. Dollar / Canadian Dollar
AUDUSDAustralian Dollar / U.S. Dollar
NZDJPYNew Zealand Dollar / Japanese Yen
XAUUSDGold / U.S. Dollar
XAGUSDSilver / U.S. Dollar

How to use it

First time database creation

First, you need to create a Forexite DataSet. Data vendor stores each day of data in a single ZIP file. When building a Forexite DataSet from scratch, the provider connects to the server and grabs thousands of individual zipped data files. You will need to reserve a considerable amount of disk space to build the database the first time: at least 7Gb to keep temporary files and cache. After successfully building the database, temporary files are removed.

Be patient: initial download and DataSet creation is a very time consuming process that can take up an hour depending on your broadband connection and CPU speed. Should you decide to abort the process for any reason, it can be safely restarted because the provider caches ~400 Megabytes of original data files in Wealth-Lab's data folder to avoid redundant downloads:

  1. Should something go wrong (e.g. network/server error), DataSet creation can be restarted without missing dates in the middle
  2. If you create a partial DataSet and then decide to add more symbols, there will be no time consuming download

Daily updates

Daily updates take almost no network traffic and are much faster (under a minute). Note that the data vendor makes historical data updates available once a day, so updating the data on demand and Strategy Monitor are not supported. Whether you update just a single currency or all eighteen it won't affect the download size, but the less Forex pairs you have in the provider's DataSets, the faster the data will be updated.

Notes and limitations