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Originally Posted by YupYup
They are off by like 10-20 pips. Why??? Different broker feeds, maybe... but by that many pips??? Are you running this on a live account hulahula? What are your thoughts Linuxser? I will make pending orders an hour before euro open and see if it goes better tonight.
B
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Well, to calculate a pivot. Every indicator needs 3 values.
Here is like "ive Chart Fid Pivots" indicator does:
p = (yesterday_high + yesterday_low + yesterday_close)/3;// Standard Pivot
We could use different approachs, but, how to calculate it´s the same.
Dolly calculates the pivot with the same 3 values. So, if your broker is using some "strange" time the values would be different.
A difference of 5 pips it´s common between brokers with the same server time due to data feed.
However, a 20 pips difference could be happend because the brokers is closing the day in a different GMT time.
"Bad" data could produce the same results.
In fact, the most common time to use is london time. That´s why big brokers like Neuimex, FXDD, Alpari, have their server set to GMT+2.
Anyway, you could use a third party tools. To see which is wrong.
You can calculate your own values using this
link
Here you have a wide used list of almost any pivot.
I´ve attached 3 pics, Neuimex, FXDD, Alpari, with the (wide used) Live Charts Fib Pivot indicator attached.
Pls, attach the same indicator to your charts and see what happend. (search in the forum to download it)
I´m gonna move my PC to another GMT to see if something changes in dolly, but I´m petty sure that´s wouldn´t happend.
Maybe, we need to add GMTshift option to Dolly. Like Camarilla indicator have. But I´m not too convinced.