Each has advantages and disadvantages, depending on trader’s personal trading style, execution speed and maybe risk tolerance. Which is better in your opinion?
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Tick charts or minute charts?
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Re: Tick charts or minute charts?
Originally posted by jaet1989minute is ore reliable as with any longer timeframe
Sometimes trends are easier spotted in tick charts. Furthermore indicators often work a lot better in charts that are not time based. Also have a look at range and renko bars!
But as you said, it all depends on personal preference. In my opinion there is no better or worse.
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Re: Tick charts or minute charts?
Tick data is only useful in a real-time environment. It is less than useless in back testing because it moves dramatically up and down within the M1 time frame.
Different brokers will have different tick data, so different things can happen within a M1 time frame, depending on the broker.
That is why it can be difficult to compare broker against broker.
Complete M1 data will only show the OHLC, which should be common to all brokers for that currency (unless it has been manipulated ).
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