Hi Jay,
Yes you're right - no Sunday candle is used although I'm surprised there is a difference as much as 28 pips between different brokers.
I guess its the difference in time for daily close on different brokers but even so, that is quite high, considering the 'add ons' employ just a 50 pip stop initially.
However, there will be times in a trend when one broker's sma will pick up an add-on and another won't & vice versa so I guess it all comes out in the wash lol.
Cheers
Steve
Yes you're right - no Sunday candle is used although I'm surprised there is a difference as much as 28 pips between different brokers.
I guess its the difference in time for daily close on different brokers but even so, that is quite high, considering the 'add ons' employ just a 50 pip stop initially.
However, there will be times in a trend when one broker's sma will pick up an add-on and another won't & vice versa so I guess it all comes out in the wash lol.
Cheers
Steve
DislikedHey, Steve.
I have a comparison of MA results below for EU on 21st June close.
Daily 50 SMA:
1.26398 Steve
1.26650 Jay's without Sunday data (28 pips higher)
1.25060 Jay's including Sunday data (134 pips lower)
Daily 50 EMA:
1.25865 Steve
1.26100 Jay's without Sunday data (24 pips higher)
1.25130 Jay's including Sunday data (74 pips lower)
Your charts don't have a Sunday candle... right?
In your opinion, how significant is +/-25 pips on the moving averages?
Would it be true to say that the majority of folks that would emulate your...Ignored