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  1. #1
    Rookie Member ey4fun's Avatar

    why there is a difference with the charts between online chart and broker chart? !!!

    Hi all

    im new to this,still looking for a broker, and not so sure which to go for. i was thinking maybe banc de binary or 24option.
    what do you think about those companies?

    Also i was wondering why there is a difference between the tradingview charts and the binary option charts?

    i hope to be be able to learn from you guys, i hope you can guide me with this new path that i have chosen in my life.

    thank you
    Last edited by ey4fun; 07-29-2016 at 03:51 AM.

  2. #2
    Senior Member vulgartrendkill's Avatar
    Hi there!

    I would say that every single chart feed will differ, even if it is not by much. I don`t think its of major concern,as long as they both move in the same direction,there should not be a problem.

    As I presume, a beginner, I would recommend choosing a broker with a low minimum deposit and low minimum trade. Please avoid BdB, and although 24option are very respected their minimum deposit is 250 and with a min trade size of 24, it would be around 10% per trade of your capital. On top of this, there is a good chance your "account manager" will be incredibly pushy for you to invest more.

    A good Idea is to try to stick to 1-2% of starting capital per trade.

    Read through the school section. One massive thing also: Start with Price Action. Learn what the candlesticks look like, and what they mean.

    Good luck, and happy learning!!!!

  3. Thanks Okane thanked this post
  4. #3
    Rookie Member ey4fun's Avatar
    sorry for the ignorance, but what is Price action in short description?
    also what you mean by BdB?

  5. #4
    Legendry Member Okane's Avatar
    First, stay away from Banc de Binary.

    24Option is great (I trade there too) but you should first get all the info,
    so read the review here first.


    Second, check this thread out regarding price quotes

    It's not the charts that differ, it's the price quotes which come from different sources.
    If your price quotes differ with about 1-2 pips from what you see on the
    binary options brokers page, then it's totally fine. I think most people
    experience a small difference, mine is almost 1 pip and I am using MetaTrader that is connected to Oanda.
    In conclusion it all depends on the sources to the price quotes.
    24Option usually recommends NetDania as far as I remember because it is closest to their price but
    as I said, for me the Oanda price on MetaTrader works well. But TradingView should be okay (I just checked, only 1 pipette of difference that's basically nothing at all),
    anyway, just compare the price with the broker you wish to use in the future.
    You can learn about it here: How to use MetaTrader 4
    That is our YouTube channel btw and I strongly recommend you check out some of our latest live webinars
    there before you even consider trading.
    Also, start studying at school, thank me later!
    Last edited by Okane; 07-29-2016 at 04:45 AM.
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  6. #5
    Legendry Member Okane's Avatar
    Quote Originally Posted by ey4fun View Post
    sorry for the ignorance, but what is Price action in short description?
    also what you mean by BdB?


    Regarding Price Action = How to learn price action

    BDB = banc de binary
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  7. #6
    Rookie Member ey4fun's Avatar
    Thank you guys! really appreciate your time.

    i see on 24option 1.10851
    and other charts 1.10848

    some time even more

    is this ok?

    i would like to use signals services, do you know some good signals services? im looking for a PAID service signals, but i would like a free trial first.
    what would you recommend?

  8. #7
    Senior Member vulgartrendkill's Avatar
    Personally,I would recommend not using a signal service. Learn the Price Action, and you will start to see where the market is going.

  9. #8
    Moderator Kolyo's Avatar
    Quote Originally Posted by ey4fun View Post
    sorry for the ignorance, but what is Price action in short description?
    also what you mean by BdB?
    Price action or simply PA mean the full picture of the price movement in the recent minutes/hours/days depending on your time frame. It is not easy to fully define what PA is, but in brief it is the reaction of the market to news announcements , the move depending on the hour of the day and the visual outlook of what the market is doing, without using technical indicators or other fancy techniques BdB is Bank De Binary, I won't recommend them, too long history of complains to believe them.
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  10. #9
    Moderator Kolyo's Avatar
    Quote Originally Posted by ey4fun View Post
    Thank you guys! really appreciate your time.

    i see on 24option 1.10851
    and other charts 1.10848

    some time even more

    is this ok?

    i would like to use signals services, do you know some good signals services? im looking for a PAID service signals, but i would like a free trial first.
    what would you recommend?

    The difference you pointed here is absolutely normal. This is actually 0.3 pips or 3 pipettes which is almost nothing and there are always such fluctuations depending on the source of the data. If it is below 1 pips there is no serious reasons to doubt about. I also don't recommend signal services. Although there may exist some genuine and not scams in most cases their results are only a bit better than random guess 50/50. If you want to really become a trader you should learn from others here and even follow a mentor, but copy pasting "signals" won't do any good for you!
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  11. #10
    Rookie Member ey4fun's Avatar
    ATTACH=CONFIG]5092[/ATTACH],

    im no sure you guys can see that, in this case you see its more then 1 pips
    24option 1.11693
    metatrader4 1.11682

    am i the only one that think this should be the same on all platforms?
    like when i compare online websites charts, they are all the same. so why not binary?

    this is whats bothering me, if its 0.3 maybe i can accept, but i don't understand why all binary options dont work with the real one.


    isn't it like the slots machine? they are programmed to make profit to the casino?
    sure you can win also playing the slots, but as long as people play the odds are for the casino.

    im sorry for me being like this, i just need to understand, because i've been taught "if you don't understand something don't do it
    Attached Thumbnails Attached Thumbnails Screen Shot 2016-07-29 at 9.14.22 AM.jpg  
    Last edited by ey4fun; 07-29-2016 at 02:29 PM.

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