Performance also: tick quality, backtest quality, data quality

Modelling quality

A percentage reported by the MT5 strategy tester indicating how accurately simulated price data reflects actual tick-by-tick price movements. 99% using real tick data is the standard.

The three levels

99% modelling quality: uses real tick data from the broker history server. Every price movement is replicated as it occurred. The only reliable data source for scalping and grid EAs.

90% modelling quality: uses OHLC bars with interpolated tick data. Adequate for daily-close systems but can misrepresent intra-bar fills by 5-30%.

25% modelling quality: lowest quality, sometimes used for rapid parameter scanning only.

Practical note

Ask for the specific data source and date range when evaluating any EA backtest. “99% modelling quality on XM real tick data from 2020-01-01 to 2025-12-31” is a verifiable claim. “Excellent backtest results” is not.