Hi All, I am looking for a suitable datafeed to recieve live FX prices on a daily basis combined with a suitable charting package. Could someone recommned any suitable vendors, I like to program my own indicators too if possible. I appreciate the assistance. Thanks
FX quotes are free, their all over the place run a search and get 12 data vendors. Anyone paying for FX quotes is a nut. Most FX brokers off very sutiable charting pkgs, programing your own indicators what a waste of time.
http://www.alpari-idc.com/en/metatrader4/ join, in Files read FAQS: http://finance.groups.yahoo.com/group/MetaTrader_Experts_and_Indicators/
www.infotec.ch/ has a reasonable reliable feed and excellent FX data for this kind of package. The online Forex Trader under the Market Map subscriptions might be interesting. I have no association with the company but have used the products.
Rickshaw, I don't know any data providor that will provide live streaming prices i.e. intra-day to a charting package like Tradestation for free ? Do you know of any specific ? maybe the quotes are delayed ?
Do you really want to trade off free quotes or your brokers (the house) quotes, or trade off real quotes from real bids and offers provided by the interbank market. Compare your free broker's quotes and those from a data provider who is in the business of data , and not brokering and bucketing, during periods of extreme volatility when you need to get a price and an order into the FX market.
"Compare your free broker's quotes and those from a data provider who is in the business of data , and not brokering and bucketing, during periods of extreme volatility when you need to get a price and an order into the FX market." Orders still have to be processed via brokers' feeds.
Your point is meaningless, as all FX quotes are different since their is no central exchange. Why on earth would anyone view quotes from another source other than their broker. When I put an order in my broker is not going to execute my order biased on what another data provider is quoting.
I would think that technical indicators would be more accurate with a broader picture of data. So while it may not directly impact the exact price you get in at, I would personally trust signals more from a wider range of data. QuoteCenter pulls data from over 800 banks.