Candle Difference from Live Markets

Many of these issues have already been highlighted by others and have yet to be resolved.

4 Hour Candles: Following US DST and in New York time zone, all currency brokers have their 4 hour candles open at 01:00, 05:00, 09:00, 13:00, 17:00, 21:00. However, FTO has theirs open at 00:00, 04:00, 08:00, 12:00, 16:00, 20:00. This causes the 4 hour price action to differ from the live markets giving us inaccurate key levels.

Sunday’s Data/Candles: Unlike most brokers where Sunday’s price action carries over to Monday, FTO has theirs displayed on the charts. This causes the daily chart to have an additional candle printed every week and having unwanted price action on the intraday timeframes, similarly giving us inaccurate key levels on most timeframes.

These issues result in FTO’s candles differing significantly from the live markets. With these variations, us traders are unable to backtest effectively. Above all the features and improvements, what we request is for the data to replicate exactly like the live markets.