Well, sort of. The 'Mike Myers Halloween' has elements that are drawn from a true - story - like inspiration. There were likely real - world instances of disturbing behavior around Halloween that influenced the creation of the character. But the movie's plot with all its supernatural and over - the - top elements is not a literal retelling of a single true story. It's more of a creative take on the idea of a Halloween - themed menace.
Yes, it is based on a true story. The character of Michael Myers was inspired by real - life events and people. However, the movie is highly fictionalized for entertainment purposes. The basic idea of a deranged killer on Halloween might have roots in some real criminal cases or urban legends that involve violence during the spooky season.
The 'Mike Myers Halloween' does have a connection to a true story in a loose sense. The filmmakers probably took the concept of a masked killer on Halloween from various sources, including real events or just the general atmosphere of fear associated with the holiday. The character's silent, menacing presence might be an amalgamation of different stories and ideas. While it's not a direct true - story adaptation, it has enough of a basis in reality to make it seem somewhat plausible within the horror genre.