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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.
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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 itīs 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 itīs 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. Thatīs 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.
Iīve 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)
Iīm gonna move my PC to another GMT to see if something changes in dolly, but Iīm petty sure thatīs wouldnīt happend.
Maybe, we need to add GMTshift option to Dolly. Like Camarilla indicator have. But Iīm not too convinced.