I have a quick question…
I use both Oanda and MT4 for demo trading, and I just noticed a “strange” thing about Fibonacci Retracement tool on both platforms…Please refer to the screenshots attached…
Both screenshots are taken today on EUR/USD daily charts.
As you can see on MT4 screenshot, the price just hit the 23,6% support line, but not on Oanda’s screenshot?!
Furthermore, on the Oanda there is a big gap between 23,6% and 0% lines, but on the MT4 there is a big gap between 61% and 100%.
Can someone please explain why there is that difference?
Thanks in advance and sorry for my English.