Disliked@takisd this would explain many strange entries and exits my expert advisors have taken lately...Ignored
We just have to deal with it unfortunately.
Trading thin liquidity at the boundary of the charts
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Disliked@takisd this would explain many strange entries and exits my expert advisors have taken lately...Ignored
Disliked{quote} Brokers alter demo accounts by adding ticks or removing ticks near highs and lows. That is why traders who optimised EA set by back testing on a demo account will find it won’t provide the same results on live accounts on many occasions. We just have to deal with it unfortunately.Ignored
DislikedI am a cheerleader for FTMO... But I want to show an example of why their LP is screwing their price feed up. They have like 500x more ticks than the market and that is used to mess around with price action and make traders react differently to price. I am not accusing FTMO of this, I do not think their set up is advanced enough to do this, but I am accusing their LP of this. You will see below two charts: 1) FTMO averages of which I used a color to show the average prices. Blue = bullish, pink = bearish (the one where the latest averages are showing...Ignored
Disliked{quote} With all due respect, I have been a broker, including CEO of 2 brokers for the last 15 years. I only stopped in march of 2020. You don't add or remove ticks in demo accounts, thats a waste of time and energy. This is a liquidity provider matter, they are amending the feed after the fact and it is not healthy for FTMO to accept it. The feed is slow, quite often when there is fast movement it delays the printing of the candle. Demo accounts generally operate at full function with no anomalies, the reason being that there is no execution tech...Ignored
Disliked{quote} Hi Takisd I can show you two pictures of two GBPUSD charts from IC Markets. One is a live chart showing lows below a resistance point and these candle wicks were the same on all servers on both MT4 and a Ctrader. The second chart is the IC Markets demo account from the MT4 tester using their demo account. It clearly shows price short of the resistance zone which would create false entries for EA’s. So we have two sources of data or one is changed - who’s at fault then? {image} {image}Ignored
Disliked{quote} Brokers alter demo accounts by adding ticks or removing ticks near highs and lows. That is why traders who optimised EA set by back testing on a demo account will find it won’t provide the same results on live accounts on many occasions. We just have to deal with it unfortunately.Ignored
Disliked{quote} Confirm. I have 2 accounts with one well-known broker. One is live and it has 5.5$ commission, second is demo and it is 7$. On January demo acc has earned approximately 20% more than live. Entry and exit prices are mostly better than on live. I have contacted them and they said that demo has some kind of average price, but live is live. So there can't be the same prices and it sounds logical.Ignored
DislikedBut I would be questioning the quality of the broker if thats the case.Ignored
Disliked{quote} I just confirm RickM's post that there is a difference between live and demo. I have no complaints about the broker, and as a developer of big data systems I barely can imagine how you can make demo without any difference with live and the second question is what for and why.Ignored
Disliked{quote} Hi Takisd I can show you two pictures of two GBPUSD charts from IC Markets. One is a live chart showing lows below a resistance point and these candle wicks were the same on all servers on both MT4 and a Ctrader. The second chart is the IC Markets demo account from the MT4 tester using their demo account. It clearly shows price short of the resistance zone which would create false entries for EA’s. So we have two sources of data or one is changed - who’s at fault then? {image} {image}Ignored
Disliked{quote} Hi Takisd I can show you two pictures of two GBPUSD charts from IC Markets. One is a live chart showing lows below a resistance point and these candle wicks were the same on all servers on both MT4 and a Ctrader. The second chart is the IC Markets demo account from the MT4 tester using their demo account. It clearly shows price short of the resistance zone which would create false entries for EA’s. So we have two sources of data or one is changed - who’s at fault then? {image} {image}Ignored
DislikedI wonder what it would take to revert back to the other instruments provided before this .cash thing. It's really a bad look. Seems the problem is only prevalent on MT4. Same reason the youtube guy/FTMO trader Blake of VVS Academy, who trades mostly indices said he left MT4 and started using Ctrader and has been experiencing a lot less glitches/inconsistencies. It had better not affect my dear forex pairsIgnored
Disliked{quote} Ps: now, of course, everyone will say that they are very happy with the CTrader. Well .... I'm happy for all of you.Ignored