In comparing two trading platforms with an online charting tool I am getting 3 different versions of the same chart patterns. Although they are similar in most cases some candles are completely different. Why is this? I would think they would all call the same end of day, but is this not what happens? And which one should I use for analysis?
Thanks guys/gals!
Ah, thank you!
I guess I should learn to use the “search” button =)
Hi.
No problem at all.
If they were not all in different timezones (which I think is your problem and what you’ve noticed already) then the charts probably STILL wouldn’t be identical but we’d be talking about the difference of only a few points or pips i.e. certainly not diametrecially opposing signals. The reason (assuming the same timezones) will simply be because of the SUPPOSED ‘best price’ that a broker is getting from THEIR liquidity provider is all. But this timezone issue could and does, in some cases, have a far reachng impact (and 'Sunday Bars).
Regards,
Dale.