Thread: oanda platform
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Old 06-25-2008, 11:40 AM
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Default Topchess...followup question

Quote:
Originally Posted by topchess View Post
That is correct.

I trade in Oanda platform and do my analysis on MT4 (metatrader4)
Hello Topchess. I just downloaded FX game from Oanda and started comparing the data stream between MT4 (northfinance) and Oanda. They appear to be fairly close...usually within a pip or two. One thing I've noticed however is that Oanda's daily bars close at midnight while MT4's close at 5pm EDT. Since I place my entry and stop loss orders on the breakout of a given bar (on MT4) at first I thought that this could potentially cause a problem. You've been trading using the MT4 and Oanda for some time now. Have you run into any problems? Thanks.
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