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Forexite provider (free intraday Forex data)

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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:

SymbolDdescription
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

  • Make sure your PC is fast, has lots of RAM, and you run 64-bit Wealth-Lab. Each instrument typically has 3-4 millions of 1-minute bars, so only a fast PC with 64-bit edition of Wealth-Lab and lots of RAM can handle that.
  • The size of a Forexite DataSet with just the four Forex "major pairs" takes 700 Mb on your disk.
  • On demand data updates are not supported due to a considerable download time.
  • Strategy Monitor is not supported.

Credits

  • Powered by BloodHound: an open-source multi-threaded file download manager

Important Disclaimer: The information provided by Wealth-Lab is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security.  The owner of Wealth-Lab.com assumes no liability resulting from the use of the material contained herein for investment purposes. By using this web site, you agree to the terms of this disclaimer and our Terms of Use.

Used under license from FMR Corp. Copyright 2008 FMR Corp. All rights reserved.


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