Disassociation between prices (angry2)

Linuxser · #1 (**permalink**) 03-07-2007, 01:10 PM

It supposes a chart is made with the bid price provided by the broker.

This for convention and this is the first time I look at this.

Strange but, why the price on charts are not equal to the price in Market Watch window?

USDCHF
Chart 1.2215
Market Watch 1.2214

GBPUSD

Chart 1.9302
Market Watch 1.9301

The picture is one of many and the broker is no COESfx off course. But, also, I´ve detected same difference with many brokers.

Somebody knows the reason? error.gif

Craig · #2 (**permalink**) 03-07-2007, 06:41 PM

I would try the MQL forums, if they don't give you an answer, you can assume you have a bug.

testern · #3 (**permalink**) 03-07-2007, 08:59 PM

Considering one of your post about COESFX I have no idea why you are still using them

http://www.forex-tsd.com/general-dis...ghlight=COESfx

Linuxser · #4 (**permalink**) 03-07-2007, 11:03 PM

Quote:

Originally Posted by testern

Considering one of your post about COESFX I have no idea why you are still using them

http://www.forex-tsd.com/general-dis...ghlight=COESfx

Because as I said in the first post the broker is not COESfx (the platform yes). And as I said in the first post this happens with several brokers.

I invite you to test and you would see what I´m telling. Specially during volatility hours.

Here is a picture from Neuimex. neuimex.gif

Linuxser · #5 (**permalink**) 03-08-2007, 10:18 AM

Here is the response from metaquotes, and my answer

I can´t believe what I´m reading.
This is a black black hole. The brokers could be smiling just in the front of our nose and we´re would be happy with that.
No way. I prefer to know about the hidden games but not seeing.

Folk, as you can read in all my posts. I´d never shut up my mouth. I´d always tells what I´m thinking. I don´t care who is in the other side. I´m direct and honest. Sometimes I´m a butcher.

This is not an exception, for me is a Bug and needs to be fixed. Metaquotes needs to fix them.

I also think my answer could no like, but the truth is the truth. It´s a bug, a problem, whatever you like, but needs to be corrected. This kind of problem erases completely my trust in the software.

Ironic:
Is also good to know that the software is prepared to operate like FXCM NDD option, you see one thing but it´s not what you´re seeing,

.

In fact, all my question have the origin in the aforementioned broker. Who today, can´t give you an explanation about the difference between the quotes and the charts. Only a few words: we´re fixing the software.

Code:

stringo wrote:
Ask question your broker. This is "spread difference" for your group of users set on the trade server.

Quote:

Linuxser wrote: Thanks for the answer.

Sorry, but don´t. That´s not the way to follow.

For me, like customer, the prices is only one.

When I sign a contract document with a broker I accept terms and conditions. If you opened an accounts with some broker is because you choose some capabilities.

Also, you expect to see one price coming from them.

Prices over the bid price are a convention for charting. Is the way in all technical analysis we´ve found everyday is done.

If you want to use ask price, average price, etc is there always an option in the software. This is a user´s problems.

I don´t know what is "spread difference" and I don´t care to know, every wise trader knows about the games that they play with us. We Accept that.

We know, a broker could have different spreads for different customers, also, could be differences between the quotes provides for the customers, even different prices from the market, etc etc.

But, it´s different to accept the broker hidden games, than accept this kind of differences coming from the software, because this way seems like the broker show us you two type of prices. And the price, right or wrong, is only one for you, the customer.

But, no matter what type of client are you, the price for you is only one. So, Market Watch must be equal to the Chart. If not, you´re is like to using two brokers, don´t you think?

I have another little question at this point.

With your answer, the´re exists a posibilty to trade with different prices at the same time. IE: in some time you could buy EURUSD 1.3000 from market watch and buy same 1.3002 form chart. Also, same for sell.

Also, another couple of questions.

When buy, what is your buy price, the market watch price? the chart price?,
An expert what price would use execute the mathematical calculations and the orders?
A market order is triggered with market watch price? the chart price?.

Please, do not misunderstood my opinions.
I like the software a lot but, it´s wonderful, but I dislike to see this black hole.

I think this problem needs to be corrected.

Thanks again.

MiniMe · #6 (**permalink**) 03-13-2007, 11:18 AM

I have reported this problem to MIG long time ago and I got a smart answer as well .
thier answer is that "sometimes there is a problem with the chart but you are being qoute the market price"

very smart answer which really answers nothing.

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