Can you post those charts again with their price scales ?
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Each time I think I think I’m ready to go live, a new piece of confusion arises. This time I was checking out forex.com (dealing desk) against FXCM (NDD) to check out spreads and anything else I might find. But I did not expect to find such a variation in the trade data.
For example, I’ve drawn an arrow next to 2014.5.26 21:00 on the two M5 charts. Not only is there a 3.2 pip difference in the quoted low, but also a completely different characteristic as to what has happened:
- For one broker the bar plunges to a low of .92346 showing mostly wick.
- For the other, the bar rebounds from a low of .92314 showing mostly tail.
Q: Is this the difference between DD, the broker setting prices, and NDD? I expected a pip difference here or there, but these data are significantly different .
Q: Does anyone have any practical experience and recommendations as to which way to go (DD/NDD) if you’re a fairly frequent trader (a trade every 1-3 days)?
Q: How do you write an EA or CI with such different data? What’s “real”? Tailor your EA or CI to each broker?
Thanks for any information on this.