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Difference in charts NT and PRT

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    Difference in charts NT and PRT

    Hello,

    I have a problem when comparing the 2 platforms I work from at the moment while I try to transition to NT8.

    It concerns GBPUSD today on the 1800 tick chart.

    The NT 1800 tick chart shows an uptrend as indicated by the green line, the 50SMA, where my custom indicators have indicated a first retrace in that trend (plotted as a Wave 2) (Top Dog Custom Indicators). Since 0600GMT today, till now, there have been 25 candles plotted, which equates to 20,000 orders.

    Compare that to another 1800 tick chart from ProRealTime today for Cable....the yellow/red plotted line is the 50SMA. Please note it is ina downtrend, and there are numerous candles since the same time period as above, in fact, for every 1 x 1800 NT tick candle, there are 5 x 1800 PRT tick candles.

    I attach screenshots of both these charts....have you any idea how they can be so wildly different?

    Thanks again.
    Attached Files

    #2
    Hello,

    Thanks for posting.

    What data provider are you using for each platform?

    Note that forex markets do not have a centralized exchange and therefore volume/tick based charts can vary significantly between data providers.

    I look forward to your response.
    Ryan S.NinjaTrader Customer Service

    Comment


      #3
      I use PRT via IG, and NT via FXCM.....I did think there may be a difference but I get 1 NT tick candle for every 5 PRT

      Comment


        #4
        Hello,

        Thanks for the reply.

        This would be expected when comparing forex tick charts between different data providers. Since there is no centralized exchange for forex, tick/volume based charts are dependent on your broker's data rather than the data from a particular exchange that is synonymous across different data providers.

        Please let me know if you have any further questions.
        Ryan S.NinjaTrader Customer Service

        Comment

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