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How brokers manipulate prices using MT4

Discussion in 'General Forex Talk' started by chaosscrem, Mar 6, 2012.

  1. chaosscrem

    chaosscrem Corporal

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    #1 chaosscrem, Mar 6, 2012
    Lasted edited by : Jan 15, 2016
  2. Pharaoh

    Pharaoh Colonel

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    Looks like another copyright takedown by MetaQuotes.

    For some reason, it looks like they don't want people to see how their software can be misused.
     
  3. winhuf

    winhuf Recruit

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    Large price differences at 13 March on MT4 AlpariUK

    Hello,

    I observed large price differences between Alpari UK and Dukascopy at 13 March (please see attached image...) It seems that Alpari had a wrong price row around one hour long till to the final gap correction. Maybe someone can confirm this event. Thanks.

    Best Regards,
    winhuf
    Broker-Pricediff.
     
  4. Pharaoh

    Pharaoh Colonel

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    Cross-check some other brokers. Then ask the broker with the weirdest prices to explain themselves.
     
  5. saj1011

    saj1011 Recruit

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    I have been cross checking historical data from brokers that use the Metaquotes feed (alpari,Fair trade tech,think forex) seems like they use an average/smooted price in the candlestick and not the actual price taken on the 60th second for example in an M1 bar.

    I imported and compared the Dukascopy data vs the Metaquotes feed and the comparison is in some cases on the back test results is 10-1, so any back testing done with the metaquotes data is fantasy and a waste of time.

    I hope one day that this manipulation of historical data will be made illegal and brokers using this Metaquotes feed will be prosecuted, as it is one of the best scams I have ever seen!
     
  6. jimw

    jimw Recruit

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    "Some MT4 Broker..."
    This video is no longer available due to a copyright claim by MetaQuotes Software Corp..
    Sorry about that. - YouTube
    ;)
     
  7. mamma

    mamma Recruit

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    enjoy
     
    #7 mamma, Apr 12, 2012
    Lasted edited by : Jan 15, 2016

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