Difference in candlesticks on brokers

Technical Analysis
A
Akmal Latief
01 Jun 2018, 08:56 869 Views
Mate, Why is the shape of the M5 or M1 candle different between brokers??

Example in ICMarket and Pepperstone, I already checked just now.

1 Answer

R
rachmat 05 Jun 2018, 07:21

To Akmal latief,

Differences in candle patterns between one broker and another can occur due to differences in the opening hours of the broker's MT4/5 server.

 

 

Please note, in the example above, the currency is the same, the price is the same, the H4 time frame is the same, only the time is different.


1. This broker opened 4 hours earlier
2. While broker (2) only opened 3 hours earlier.

The difference is 1 hour, this is what can cause the candle pattern to be different.

Please check on Ic market and pepperstone, on the same TF, and the same currency, are there any differences?. Also pay attention to the server time.

Thank you.

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