Actual OPEN - Previous CLOSE

aristide
10
aristide  

Can anyone explain why OPEN is not identical to previous CLOSE on MATATRADER charts? On OANDA charts it is.

What is the meaning of difference from OPEN and previous CLOSE ?

thx Aristide

eric79
308
eric79  

On which timeframe? Over the weekend or during the week?

aristide
10
aristide  

Intraday on any timeframe.

eric79
308
eric79  

It's normal that there is a difference of 2 pips or so. Because in MetaTrader you get a new candle when the new tick happens. And it's likely that this tick will not be at the same price like the last one. So there will be a difference between the last tick of the old candle and the first tick of the new one.

aristide
10
aristide  

Thanks Eric