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Look at the attached graph.Two important brokers: IC Markets and IG.Both demo accounts.Daily graphics.The differences are abysmal.In a broker there is a trend line rupture, while in the other it is not even touched (think of how different the message is: possible imminent rupture vs. or close to breaking
Are the schedules of both brokers servers the same?
Hello, yes, those differences baffled me at the beginning.Falling your chart quickly, any of those daily candles open or close on the weekend?The synchronization of the servers varies according to the broker, which affects the way in which daily candles are printed and, consequently, the appearance of the graph.It is a problem that also occurs in 4 -hour graphics and can make comparing brokers a headache.One way to minimize this is always to review 1 hour graphics as support for any analysis in H4 or D1.In theory, h1 candles should be more aligned, as in M30 and lower frames.
If you look good, small candles in IG appear every 5 days.That means that IG prints a candle on Sundays.practicing Coitus interruptus
Excellent points.Yes, the server schedules are different, and the Sunday's candle in IG is a very interesting detail.I knew that in H4 the graphics varied according to the broker, but I did not think that the same would happen in D1.But ... as expected ... Even in m5 there are differences (see below
It may be that liquidity suppliers are quoting different prices ...
That, plus the operations of each broker (decentralized market
But why should they be exactly the same?You are comparing a real broker with a Market Maker, right?IG, basically, trades with its own product and establishes its own prices.There is no reason for the real market to reflect exactly.If I could give rookie advice, it would be this: "Before deciding where and how to operate, be sure to understand the difference between a real broker and a market maker that operates against their customers."
I don't understand your point.I do not criticize you, but in another thread you mentioned that you did not worry the honesty of Ig.In addition, you said you use capital.Both are Spred Betting companies, so it confuses me that you criticize one but not the other.
I regret confusion.I live in England, and here operate with Spread Betting has a huge advantage: I do not pay taxes on my profits.But many here are from the US or other countries where Spread Betting does not exist or is not tax free.In those cases, the important thing is not whether IG or Capitalspreads are "reliable", but to understand that a real broker has no incentives for you to lose, while a Market Maker does.Quite simple, right?
Of course, the difference between a real broker and a Market Maker can be even greater.But check different real brokers and see that the differences in graphics continue to exist.It is not financial council.Only for proof purposes.Do not use in real accounts.
The problem here is the lack of effective regulation.If the regulators really did their job, the "Bucket Shop" brokers would be illegal, and only Brokers ECN were allowed to operate with a single liquidity provider for all.Graphic price differences are sufficient proof that the system is not correctly regulated.Scammers take advantage of this to milked retail traders.
The difference between real brokers and Market Makers is not "small."They are completely different business models.The Market Makers have incentives for you to lose, because they are the counterpart of your operation.Instead, real brokers win with commissions, not with your losses.It is ridiculous that the Market Makers continue to be called "brokers."They are not.
This is exactly why strategies with broker data that will be used in Real must always be tested.If you don't do it, it will surprise you how a profitable strategy in a broker doesn't work in another.
This reminds me when I used an EA based on ruptures.I tried it in IC Markets and worked well, but in another broker the data were different and the ruptures did not even occur at the same point.You cannot trust that all brokers give you the same information.
The differences in the graphics are another trap of the market.You think you are seeing the same as everyone else, but it is not.If you operate with a poor quality broker, most likely they are manipulating prices to make you lose.
If the graphics change from one broker to another, imagine what that means for traders that depend on indicators or robots.That is why it should always be operated with the least amount of unknown variables possible.
Has anyone tried to compare data between real -time brokers?I would like to see screenshots of how prices move at the same time in different brokers.
This is key: not all price data are the same.If you use tools such as TrainingView, you will notice that depending on the data provider, the candles can be different.The same goes for brokers.
The worst thing is that many traders lose money without realizing that part of the problem is that their broker is giving manipulated data.He always reviews the reputation of the broker and seeks evidence that it really is ECN/STP.
Differences in M5, H1 and D1 ... What does this tell us?That retail traders operate with completely fragmented information.We are not on equal terms with the great players.
If a broker can cause a line of trend to seem differently on each platform, what else do you think they can manipulate?Choose where you deposit your money.
Great thread.This is a problem that almost nobody speaks.The next time someone tells you "follow the trend", ask yourself: according to what broker?
This is an issue that almost nobody speaks, but affects all retail traders.Many believe they are seeing the same graph as everyone else, when in reality each broker shows something different.Imagine that you are operating a double roof pattern, but in your broker the resistance is never touched, while in another yes.You would make a completely different decision depending on which graphic.And then they say that trading is just a matter of "following the price action"!
Some still believe that brokers are "neutral" and only facilitate operations.If that were the case, why are there so many differences between them?Why does IG print a candle on Sunday and others not?The small manipulations added can cause certain trading setups to be profitable in a broker and disastrous in another.But of course, most traders don't even realize why they operate without questioning what they see on the screen.
This reminds me the first time I tried a trading robot.He was working in backtesting with data from a broker, but in Real with another broker, the operations had nothing to do.There I understood that in the retail market we are at a complete disadvantage.If we cannot even trust that the candles are the same among brokers, what is the point of baseing a strategy on technical patterns?
Many rookie traders do not even consider that the graphics may differ between brokers.They believe that the lines of trend, supports and resistances are universal, when they actually depend completely on the data that the broker wants to show you.If you are not operating with a real ECN/STP broker, you are basically playing with manipulated prices.And yet, there are people who ask why their "perfect" operations do not work in Real.
I am surprised that there are no more people talking about this.Not only the brokers can have differences in candles, but they can also slightly alter the spreads in key moments.That can make a strategy that seems profitable in backtesting, in practice ends in losses.And then the traders blame themselves instead of questioning the quality of the broker.
This also explains why some traders succeed in demo accounts, but fail in Real.In demo, the broker gives you "clean" data, without manipulation.In Real, the spreads increase, prices vary and execution becomes slower.Then people say "psychology is the key."No, friend.If you operate in a broker that cheats you in each operation, you can have the best mentality in the world and you will still lose money.
If the graphics vary from one broker to another, imagine what it means to a trader that depends on indicators.A simple change in server schedule can cause mobile socks, RSI and Bollinger bands to behave completely differently.That is why traders that really earn money do not depend on indicators.They know that the only thing they can trust is in their ability to adapt to the market in real time.
To those who continue to defend the brokers Market Makers: explain to me why a broker that operates against their clients should want money to win.If you had a casino, would you let the players have an advantage over you?No, you would do your best to bow the probabilities in your favor.And that is exactly what brokers do that manipulate prices.
Excellent thread.This is a problem that all retail traders should be aware.The only way to protect is to operate with a broker that has a transparent structure and without conflicts of interest.And yet, you always have to question the data we are seeing.If something does not fit between brokers, it is best to assume that nothing in this market is 100% reliable.
It is funny to see those who defend doubtful brokers with phrases like "I open with them and I have never had problems."Of course, and the fact that they have not yet been caught in manipulation means that they will never do it, right?A broker Market Maker lets you win at the beginning for you to trust.But as soon as you start operating with more volume, the conditions will change and get you out of the game before you realize.
If the differences between brokers affect both daily graphics, imagine what they do in Scalping.A trader that operates in M1 or M5 is completely at the mercy of the broker.That is why the real scalpers alone operates in ECN Brokers with rapid execution.If your broker has variable spred and frequent slippage, you lost before starting.
This type of manipulation is more common than people believe.Has it never happened to you that your stop loss is activated by a single pip and then the price goes in the address you wanted?It is no accident.Many brokers adjust prices to make you lose in key moments.That is why you always have to operate in accounts with competitive spats and without broker intervention.
For those who still believe that their broker does not play against them: take a tradingview graphic and compare it with that of their broker.If they see significant differences, they already know why their "perfect" operations fail without apparent reason.It's not just about finding a good strategy.It's about making sure the playing field is not inclined against you from the beginning.
Retail trading is a business designed to lose.Brokers, signal suppliers and gurus live on inexperienced traders losses.If you think you can win without understanding how the business behind the brokers works, an unpleasant surprise awaits you.
The problem is that most people enter the trading without financial education.They only see ads of "earns money from home" and are launched without understanding how the market really works.When they begin to lose, they look for answers in the wrong places: more courses, more indicators, more magical strategies ... instead of questioning if their broker is the problem.
Because of this type of thing, professional traders use multiple data sources and operate in first -level regulated brokers.They know that blindly trusting a single price supplier is a mistake.If your broker does not give you data consistent with what you see on other platforms, you should ask yourself if you are really operating in a fair market.
If you depend on technical patterns to operate, it is vital that you use quality graphics.If your broker manipulates the data, any strategy you use will be condemned to failure.The market is already difficult enough without the broker playing against you.The minimum you can do is make sure that the data you use are reliable.