Oanda's FXTrade is able to be used to trade fx pairs 24/365 a year
when Oanda release their MetaTrader 4 platform it will be set up for 24/365 trading -
the data feed will be continuous, no weekend downtime
what this means for charts is that there will be large spaces between price bars of
the various minutes timeframes, a Saturday gap on the Daily if no trades are made
and extra price bars added to charts prior to the 'regular trading hours' open
the 24/365 data feed will change chart geometry and the alignment of any line tools
being used such as trendlines, channels, fans; as well any time targets methods
being used will see the targets change.
personally I don't want the 24/365 feed and I emailed Oanda asking if they'd provide
2 data feeds for their MT4, one with the 24/365 and one with the regular trading hours
in my 12 months trading experience with Oanda, some trading begins on Sunday's
as early as 10am PST, regular MT4 trading hours begin at 3pm PST
the earliest I've seen trading activity on FXTrade charts is the Saturday morning of the
Greek debt financing weekend - May 7-10/10
there's no question the additional hours are tradeable, last weekend for instance the
price went as high as 1.3417 at Oanda then declined, so the gap open didn't exist
with Oanda, only with rth MT4s
if you're concerned about Oanda's MetaTrader 4 ' 24/365 data feed ' - email them to:
frontdesk@oanda.com
when Oanda release their MetaTrader 4 platform it will be set up for 24/365 trading -
the data feed will be continuous, no weekend downtime
what this means for charts is that there will be large spaces between price bars of
the various minutes timeframes, a Saturday gap on the Daily if no trades are made
and extra price bars added to charts prior to the 'regular trading hours' open
the 24/365 data feed will change chart geometry and the alignment of any line tools
being used such as trendlines, channels, fans; as well any time targets methods
being used will see the targets change.
personally I don't want the 24/365 feed and I emailed Oanda asking if they'd provide
2 data feeds for their MT4, one with the 24/365 and one with the regular trading hours
in my 12 months trading experience with Oanda, some trading begins on Sunday's
as early as 10am PST, regular MT4 trading hours begin at 3pm PST
the earliest I've seen trading activity on FXTrade charts is the Saturday morning of the
Greek debt financing weekend - May 7-10/10
there's no question the additional hours are tradeable, last weekend for instance the
price went as high as 1.3417 at Oanda then declined, so the gap open didn't exist
with Oanda, only with rth MT4s
if you're concerned about Oanda's MetaTrader 4 ' 24/365 data feed ' - email them to:
frontdesk@oanda.com
