These R/S38 are awesome areas for trading these system but problem that i'm facing is in midnight when market close/reopen's spread kill my trades with hiting sl i don't know how to handle these issue, AU by the way 3 beautiful trades during the week...
Oil has a negative correlation with USD/CAD up too 93%, When oil goes up, USD/CAD goes down. When oil goes down, USD/CAD goes up.
With these Iranian conflict we can see UC drop so i will wait for some more rejection and will short it...!
I have a question. Does anyone use Ultimate Fibbonaci Pivots in TradingView?
in Mt4 it looks like this - see picture
in Tradingvie it looks like this for CADCHF - see picture
In tradingview I am at S161 and in Mt4 I am between S100 and S138 - see picture
I have a question. Does anyone use Ultimate Fibbonaci Pivots in TradingView? in Mt4 it looks like this - see picture in Tradingvie it looks like this for CADCHF - see picture In tradingview I am at S161 and in Mt4 I am between S100 and S138 - see picture What could be the reason for this? {image} {image}
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For forex, I still chart on MT4 with Davits original indicators and template.
However, I day trade futures on TV, I use daily pivots, and I use traditional for the input.
Not sure if this helps.
{quote} For forex, I still chart on MT4 with Davits original indicators and template. However, I day trade futures on TV, I use daily pivots, and I use traditional for the input. Not sure if this helps.
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Thank you very much, Pipmaster. I suspect it might be a calculation error in TradingView. Many other currency pairs and their pivot points are the same in MT4 as they are in TradingView. Only the CAD/CHF pair differs.
{quote} Thank you very much, Pipmaster. I suspect it might be a calculation error in TradingView. Many other currency pairs and their pivot points are the same in MT4 as they are in TradingView. Only the CAD/CHF pair differs.
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So do the ultimate fib pivots match up to what we use here?
{quote} So do the ultimate fib pivots match up to what we use here?
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I've been using Ultimate Pivots in Trading View for a while now. So far, I haven't noticed any significant deviations compared to the original pivots in MT4 from Davit. Only Cadchf has a deviation.
{quote} ... I suspect it might be a calculation error in TradingView. ..
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no, my mt4 looked like your tv, which was the same as my tv..
your mt4 was off..
your friday close was lower, and your open mondy was lower too (you have some weird candles/prices in your cadchf mt4..what broker do you use?)..that "screwed" the calculation of your mt4 pivot indi
{quote} no, my mt4 looked like your tv, which was the same as my tv.. your mt4 was off.. your friday close was lower, and your open mondy was lower too (you have some weird candles/prices in your cadchf mt4..what broker do you use?)..that "screwed" the calculation of your mt4 pivot indi kind regards..
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Hello muniFX. I use ICMarkets as my broker. It has always shown me the correct prices, except for the example given.
Yes, you are right, I think it could be that mt4 icmarkets gave me incorrect closing and opening prices.
