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Chart Diffs?

  • #1
  • First Post: Dec 27, 2005 7:14am Dec 27, 2005 7:14am
Hi all - I'm pretty much a newbie, and am learning Forex with a friend. I am on the west coast, and he is on the east coast. I have Intellicharts from FXTrek, and he is using the "same" chart program from another site.

Here's the problem: We get on the phone with each other to discuss charts, indicators, etc. and our respective charts with the same time frames, currency pairs, and indicators show quite different data. This morning the prices and candlesticks were as much as half an hour different in the low, and open/close was different almost across the board.

Real time is pretty close, but the difference from a few hours ago is really confusing!

Anybody have an idea on why the big difference???

Jon in Washington
  • #2
  • Dec 27, 2005 7:27am Dec 27, 2005 7:27am
Well, the first thing would be that you two are seperated by four hours. So the movement at 6 AM for him will not be the same 6 AM for you.

The charting difference from varying brokers can range from small to huge depending on who they use for their datafeeds, sampling rates, corrupt data filters, etc. It does happen. Whether your live or demo really doesn't make a huge difference most of the time. Unless the broker is using a seperate feed for the demo servers.
Capital Preservation is key to long term wealth accumulation
  • #3
  • Dec 27, 2005 7:30am Dec 27, 2005 7:30am
I think Fxtrk gives you 2 options for data, S&P Comstock, and FXCM. So you may be uisng S&P comstock and your friend is probably using the free version which is FXCM's data. Still sounds odd though.
  • #4
  • Dec 27, 2005 9:15am Dec 27, 2005 9:15am
Hi Jon I use FXTrek and have used all versions both demo and real. I would think that 1.different feed like posted above 2.somehow the timezone is being confused.

I have tested FXTrek over the last 3 years and never had a problem with pricing whether it be demo or real accounts free or paid service.

I would start with the refco/fxcm feed or S&P feed.

pipwizard



Quoting jfreeman
Hi all - I'm pretty much a newbie, and am learning Forex with a friend. I am on the west coast, and he is on the east coast. I have Intellicharts from FXTrek, and he is using the "same" chart program from another site.

Here's the problem: We get on the phone with each other to discuss charts, indicators, etc. and our respective charts with the same time frames, currency pairs, and indicators show quite different data. This morning the prices and candlesticks were as much as half an hour different in the low, and open/close was different almost across the board.

Real time is pretty close, but the difference from a few hours ago is really confusing!

Anybody have an idea on why the big difference???

Jon in Washington
  • #5
  • Dec 27, 2005 10:56am Dec 27, 2005 10:56am
Quoting MuddBuddha
Well, the first thing would be that you two are seperated by four hours. So the movement at 6 AM for him will not be the same 6 AM for you.
good one mudd! i bet thats the problem...
Relax and be happy.
  • #6
  • Apr 13, 2011 5:56am Apr 13, 2011 5:56am
I personally have another issue to do with charts. Unfortunately, I can't post a new thread to ask about the people in the know. Well, maybe I'll just go ahead right here and hope that I won't be criticised too much.

Can anyone tell me where to find the graphs from one year ago? Say, from March 2010 to March 2011?? I am a real newbie here, so any help would be appreciated.

thanks, guys!
  • #7
  • Last Post: Apr 13, 2011 11:09am Apr 13, 2011 11:09am
I posted this find a few days ago.

Still shocked it's not getting a bigger response on this forum.

http://www.forexfactory.com/showthread.php?t=288217

The blog post attached to the image explains the deviations you are seeing.

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