MT4 - FXDD datafeed questionable?
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thread: MT4 - FXDD datafeed questionable?

  1. #1

    MT4 - FXDD datafeed questionable?

    Will somebody please check today's GBP/USD M1 chart for datafeed and give me a second opinion. . To list but a few of the missing candles/bars, which can be MT4 server moment (i.e. GMT 3hrs):-

    20.03, 20.04, 19.29, 19.37, 19.42, 19.46, 19.48

    I discovered, since at one stage the current candle has been 3mins behind real, real time, then it suddenly ches upward, but with missing candle(s).

    On each one of the trading platforms I have used previously, including TradeStation, in case there aren't any ticks/no price changes during any 1 min interval the pub will print a small dot or dash (-), indiing there was no price movement and then moves to another pub, at least leaving a difference between bars. In all instances shown previously, there are no openings in any way, so at a glance you'd never detect that the missing data.

    That is happening daily and also with different pairs, so the M1 chart at least may be visully accurate in regard to MA's, patterns etc due to the often missing data. This is not obvious on the TF.

    I reported this error for FXDD, but the tech man was of little help and is consulting his exceptional. He acknowledged the missing bars (and even assessed EUR and discovered several ) and confessed he had no experience of another platform, other than MT4 and couldn't say if this is normal or not!!?? He said in his view there were no gaps showing in the feed they get from various banks, so everything has to be OK and moreover 15,000 clients employing the MT4 platform, this is the first time he's had this question!!??

    I doubt very much that there was no price change for 2mins, between 20.02 - 20.05 especially with GBP/USD. The technology guy did say that there was no difference between live and demonstration, both were showing bars missing.

    It is a real concern, so I'd appreciate hearing from anyone who can throw some light onto this matter and especially anyone trading the MT4 platform, but maybe with a different broker and whether or not these openings in datafeed are happening or is it just circulated to FXDD.

    I thank you in advance for any replies.

    johnny

  2. #2
    It is not FXDD. I just checked IBFX live and demo and found a number of the same kinds of 1-3 minute openings. My North Finance demo had the same kinds of gaps.

  3. #3
    What is more FXDD isn't the maker of MT4, I think that it's done by metaquote applications and bundle to FXDD...

    Same goes for fxlite or some other broker utilizing MT4, it's like OEM and the broker just have to put it's sticker on it...

  4. #4
    Can someone please check for me now's GBP/USD M1 chart for missing datafeed and give me a second opinion. . To list but a few of the missing candles/bars, which can be MT4 server time (i.e. GMT 3hrs):-

    20.03, 20.04, 19.29, 19.37, 19.42, 19.46, 19.48


    johnny
    there's really a 5mins gap, with 5 missing bars/candles between 20.28 - 20.34, which is much worse than I thought!

  5. #5
    Senior Member sarapano's Avatar
    279
    Reside or demo server

  6. #6
    It is not just FXDD. I just checked IBFX live and demonstration and found many of the very same kinds of 1-3 minute openings. My North Finance demonstration had the very same kinds of gaps.
    Thanks nvwine for verifying the fault seems to be a general one, occurring with all brokers using the MT4 platform instead of just isolated to FXDD.

    Does anyone have a response, as it makes it impossible to scalp with the 1 minute chart?

    johnny

  7. #7
    reside or demo server
    Both live and demonstration!

  8. #8
    what is more FXDD is not the manufacturer of MT4, I think that it's accomplished by metaquote applications and package to FXDD...

    goes for fxlite or some other broker utilizing MT4, it's like OEM and the broker just need to place it's sticker on it...
    That's right melpheos!

  9. #9
    In MT 4, only those bars are drawn, in which at least one price change took place. If no price change occurred within a minute, a one-bar gap will probably occur in the chart together with one-minute period.


    The programmers have deliberately chosen this manner of charts drawing because the most traders which use their merchandise prefer charts, which contain only present prices.
    http://articles.mql4.com/136

  10. #10
    Junior Member calda's Avatar
    21
    Nvine's article is right - it is not a bug it's a feature....
    That stated, I demoed all the MT4 brokers I could find, and IBFX and FXDD had horrible info feeds. Perhaps their live data was better, but that's why we demo.
    I had noticed the exact same problem once I looked at the minute charts, discovered a post similar to the one nvine published, but when I checked against other brokers' information ( MT4 and non-MT4) there were actually a lot of holes never explained by the manner MT4 handles encode data. I'm currently with MIGFX, who, all other things being equal, I discovered had the best mt4 feed.

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