Hello Everyone,
I’ve noticed a discrepancy between the prices on Forex.com when viewed on TradingView and those on MT4, particularly the open and close prices, even though both platforms are from the same broker. My trading strategy is sensitive to the relationship between the open and close prices of the candles. I primarily use MT4, where my indicators are set up, but recently discovered these differences, which have led to inaccurate trades.
Could anyone help explain why there might be a difference in these prices and how I should address it? Just to clarify, I’m concerned about the relationship between the open and close prices of the candles rather than the exact market price, as I’m aware that factors like spreads and the broker’s provider can influence prices.
Thank you in advance!
Basically different sources of data and possibly also different settings on open and close time for daily candle.
Makes you love forex lol
The difference you’re seeing between the prices on Forex com via TV and MT4, even though they’re from the same broker, is actually pretty common.
TV and MT4 might pull data from slightly different sources
MT4 and TV might process the price data differently, which can cause the differences you’re seeing
So stick to 1 platform
Why not shoot each company a support email. It be interesting to see what they say about it, if they have a good answer.