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Ok I don't get it!!

  • #1
  • First Post: Jan 31, 2006 10:34pm Jan 31, 2006 10:34pm
Ok so I have Oanda and Mt4 both up and running eur/usd on 1 hour charts I put a EMA 55 on both charts:

on the oanda chart right now the ema is at 1.2122

On Mt4 it is at 1.2134

So why is there a 12 point difference between the two? I tried all the options for ema's in mt4 and this was as close as I could come to them matching.

Thanks
Shootist
Shootist - Have Pip Shooters Will Travel
  • #2
  • Jan 31, 2006 10:41pm Jan 31, 2006 10:41pm
Quoting Shootist
Ok so I have Oanda and Mt4 both up and running eur/usd on 1 hour charts I put a EMA 55 on both charts:

on the oanda chart right now the ema is at 1.2122

On Mt4 it is at 1.2134

So why is there a 12 point difference between the two? I tried all the options for ema's in mt4 and this was as close as I could come to them matching.

Thanks
Shootist
Edit: Removed non pertinent comment
Only My Guess tho
Edit: But when I read your post again and notice it is the EMA you are talking about, That may be due to the cumulative differece of the last 55 closes on a 1 hour chart between the two different Market Makers.
  • #3
  • Feb 1, 2006 8:52am Feb 1, 2006 8:52am
your week open/close times are not in sync ... most likely your oanda charts are in the defaut setting and are including data which your mt4 feed does not..
  • #4
  • Feb 1, 2006 9:19am Feb 1, 2006 9:19am
It may be that MT4 setting may be set to EMA HIGH or LOW which will give u the results u describe.
Oanda EMA is Medium Price HC/2 - if u set the MT4 EMA to match (Medium Price (HC/2) the indicators are pretty close, they are off by a pip or two.

Good Luck -Andy
Quoting Shootist
Ok so I have Oanda and Mt4 both up and running eur/usd on 1 hour charts I put a EMA 55 on both charts:

on the oanda chart right now the ema is at 1.2122

On Mt4 it is at 1.2134

So why is there a 12 point difference between the two? I tried all the options for ema's in mt4 and this was as close as I could come to them matching.

Thanks
Shootist
In trading, there is no bullshit. You either make money or you don't.
  • #5
  • Last Post: Feb 1, 2006 10:18am Feb 1, 2006 10:18am
Might be one at Bid the other Ask? I don't think that would make it a 12 point variance though
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