Inconsistent forex price data across providers
💸 moneyproduct problemSingle report ●●●●●
A new forex trader reports that price data, specifically candle highs, lows, and wick structures, varies significantly between reputable FX data providers, making it difficult to rely on technical analysis.
What people do today
- Comparing multiple data feeds manually
- Selecting a single preferred broker feed
- Ignoring minor price discrepancies
🔧 Fix this
Ideas a builder, maker or community group could start on:
- A data aggregation tool that normalizes price feeds from multiple brokers to provide a consensus 'market average' price.
- A browser extension that flags statistical outliers or 'spikes' in candle data across different FX providers.
- A comparative dashboard that visualizes the variance between different FX data sources for specific timeframes.
Real voices
“the discrepancies can be quite pronounced in candle highs/lows and wick structure”
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