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Author Topic: Chart in book different from my MT4 chart for same time frame and currency.  (Read 460 times)
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swadelm
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« on: December 13, 2011, 01:27:56 AM »

Manesh,

My chart on mt4 differs from chart 3.21 in book. I have included a picture. As you can see onmy chart the price drops below kumo and yours it stays in it. My settings are correct.
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gerald20000
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« Reply #1 on: December 26, 2011, 12:36:34 AM »

Different broker has different data prices. Therefore, it may give you different Ichimoku chart.
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sunman4008
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« Reply #2 on: January 14, 2012, 05:58:28 AM »

Hello,

That is correct.  The currency market is NOT a centralized market.  Therefore, the quotes from various charting/brokerage firms will be different.  The more bank lines the broker supports, the better the prices will be. 

Also, MT4 shows 6 trading bars per week compared to other brokers.   They end their day at midnight.   Whereas other brokers, go from Sunday when the markets open to Monday when the market closes (4:15pm EST).    That is the first day.  They do this until Friday currency close so they have 5 trading days in the work week.


-Manesh
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