Format and integration of historical data into metatrader4 platform for backtest

 

Hi,

I have found out that the default historical data that automatically downloaded from all metatrader4 brokers is not complete and improper to make backtests for trading strategies - unfortunately! Therefore I seached in the web for appropriate historical data and found something for download in Excel format.

My question is: what is the correct format of historical data and what is the procedure to integrate it into the meta trader 4 platform so that I can use it for making backtests of high quality nearby 90 percent?

I saw that the default data downloaded from all brokers is saved as .hst files. Is it nesessary to convert historical data that downloaded from another source (an excel sheet for example) and save it as .hst files and how can I do it?

Please help me

Tanathos