I have a few questions to pose regarding
this free data. Where does it come from? Is it the real inter-bank market, a
composite from a group of dealers or is it the dealing prices for www.fxtrader.net?
If it is the dealing prices then it is not the true inter-bank market. If you
are trading through www.fxtrader.net, fine. If not, I would not suggest using
it. If fxtrader.net is a tier three dealer you could be 5-7 pips outside of the
true inter-bank market. Free isn’t always the best deal. Users should be
aware of this potential limitation. Know your source and its limitations before
trading with it.
From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Humphrey D Geiseb
Sent: Thursday, February 23, 2006
12:26 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] free live datafeed
I used a free datafeed from the platform of
www.fxtrader.net - they are forex brokers
and their
platform allows you to save data in metastock
format.
the steps are:
1. goto www.fxtrader.net
2. download their platform
3. run programm - click demo and it will open a
demo
account
4. open charts - righclick chart and select
"saved to
metastock format"
5. Voila - u have a free datafeed. - saves
realtime
data.
if u need help - just email me .
Humphrey D. Geiseb
Addis Ababa
Tel. 251-11-5526417
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