SQ Tick Data Downloader

The SQ Tick Data Downloader is a powerful tool designed by StrategyQuant Com Ltd. for traders who require realistic backtesting of their trading strategies. Available in its latest version, 4.2.0, the program can be downloaded as TickDataDownloader.exe. This software comes under the Internet & Network category, specifically the Download Managers subcategory.

One of the standout features of the SQ Tick Data Downloader is its ability to download free tick data from Dukascopy, which is essential for creating accurate backtesting environments. The tool also computes higher timeframes such as M1, M5, M15, M30, H1, H4, D1 automatically, enabling traders to import precise minute-data directly into MetaTrader.

The program is compatible with a wide range of operating systems, including Windows XP, 7, 8, 10, and 11, making it versatile for different users. In addition to the latest version, other versions like 4.2, 4.1, and 4.0 are also available for those who might need them.

Users can greatly benefit from the fact that this software is free to use and facilitates professional-grade trading analysis. Here are some pros and cons noted during use:

Pros:

1. Capability to download accurate and reliable tick data.
2. Automatic computation of higher timeframes.
3. Compatibility with MetaTrader for straightforward data import.
4. Free to use with no hidden costs.

Cons:

1. Limited to data from Dukascopy, which may not cover all trading needs.
2. Interface might seem complex for beginners.

You may want to check out more software, such as Tick Data Suite, Historical Stock Data Downloader or EasyByte News Ticker, which might be similar to SQ Tick Data Downloader.