why are these charts so different | Forex Factory

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why are these charts so different

  • #1
  • First Post: May 30, 2006 12:50pm May 30, 2006 12:50pm
These two charts use the identical mq4 file for calculating the tunnel and fibs, however one chart is from InterbankFX Demo and the other is from StragegyBuilderFX Demo. As you'll see the tunnel and fib indicators are quite a bit different from one chart to the next. I notice the prices on each are pretty close right now however the daily highs and lows seem to be off quite a bit at least for today.

I'm wondering if this difference is generated in the times that each brokers uses to open and close their trading day - this is one explanation. Any other thoughts?

SBFX
http://www.forexfactory.com/forexfor...tid=5650&stc=1

InterbankFX
http://www.forexfactory.com/forexfor...tid=5651&stc=1
  • #2
  • May 30, 2006 12:56pm May 30, 2006 12:56pm
Both of your links show to be invalid. Can you say what forum and thread they are from? thanks Scott



Quoting Achilles heel
These two charts use the identical mq4 file for calculating the tunnel and fibs, however one chart is from InterbankFX Demo and the other is from StragegyBuilderFX Demo. As you'll see the tunnel and fib indicators are quite a bit different from one chart to the next. I notice the prices on each are pretty close right now however the daily highs and lows seem to be off quite a bit at least for today.

I'm wondering if this difference is generated in the times that each brokers uses to open and close their trading day - this is one explanation. Any other thoughts?

SBFX
http://www.forexfactory.com/forexfor...tid=5650&stc=1

InterbankFX
http://www.forexfactory.com/forexfor...tid=5651&stc=1
  • #3
  • May 30, 2006 1:01pm May 30, 2006 1:01pm
I have the same problem here.

Quoting smjones
Both of your links show to be invalid. Can you say what forum and thread they are from? thanks Scott
  • #4
  • May 30, 2006 1:04pm May 30, 2006 1:04pm
Sorry I guess I messed up posting the charts - here they are again.
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  • #5
  • May 30, 2006 1:10pm May 30, 2006 1:10pm
A couple of things.
1. The times are different one is from 04/21 and the other is from 04/28
2. The data feeds are not the same. One is almost ten pips higher at the highest high than the other.
3. The scale is not the same. One is displaying more data than the other...

But you are correct if you are saying the Data feeds are not the same. For me, if they are live accounts, that spells profit in arbitarage.

Scott


Quoting Achilles heel
Sorry I guess I messed up posting the charts - here they are again.
  • #6
  • May 30, 2006 3:08pm May 30, 2006 3:08pm
Quoting smjones
A couple of things.
..... For me, if they are live accounts, that spells profit in arbitarage.

Scott
How can you profit from arbitrage when you are dealing with two different brokers? (sorry if it is a stupid question)
  • #7
  • Edited 3:56pm May 30, 2006 3:50pm | Edited 3:56pm
InterbankFX has a weird 4 hour bar they generate on Sundays cause of the timeframe they use. SBFX doesn't generate the SUnday 4 hr bar.

Quoting Achilles heel
These two charts use the identical mq4 file for calculating the tunnel and fibs, however one chart is from InterbankFX Demo and the other is from StragegyBuilderFX Demo. As you'll see the tunnel and fib indicators are quite a bit different from one chart to the next. I notice the prices on each are pretty close right now however the daily highs and lows seem to be off quite a bit at least for today.

I'm wondering if this difference is generated in the times that each brokers uses to open and close their trading day - this is one explanation. Any other thoughts?
In trading, there is no bullshit. You either make money or you don't.
  • #8
  • May 30, 2006 4:00pm May 30, 2006 4:00pm
My mistake I did not see that they were different brokers I should have paid closer attention. My Bad, Scott



Quoting aparsai
How can you profit from arbitrage when you are dealing with two different brokers? (sorry if it is a stupid question)
  • #9
  • Last Post: May 30, 2006 4:47pm May 30, 2006 4:47pm
Quoting smjones
My mistake I did not see that they were different brokers I should have paid closer attention. My Bad, Scott
We all make mistakes. I thought there is a way to benefit from Fx market that I'm not aware of.

Have a great day
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