View Single Post
  #2 (permalink)  
Old 04-08-2007, 05:05 AM
scorpion's Avatar
scorpion scorpion is offline
Administrator
 
Join Date: Aug 2004
Posts: 1,992
Thanks: 125
Thanked 383 Times in 152 Posts
scorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to behold
Send a message via MSN to scorpion Send a message via Yahoo to scorpion
Default

Forex is over-the-counter market; therefore, there're no global consistent rates like those of stock market. Not only forex prices vary from broker to broker, but also volume. In metatrader, volume is computed by counting ticks for the bar. That is if EURUSD changes 1000 times in 1 hour, you'll see 1000-point volume for the last 1H bar.

I guess trading systems must be exclusively tailored to work in forex. Some indicators like Force Index that utilize volume variable doesn't work consistently.

Ok, brokers normally provide the same data feed for both demo or real accounts. But it doesn't mean that system that works on demo will work in real account. It's a whole lot of inconsistencies in forex ranging from rates, volumes, and order executions.
Reply With Quote

Registered members have access to special online forex currency trading tools, software, mt4 expert advisors and indicators. Register now

Main Menu

Economic Forecast