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Direct MessagesDate/Time: Mon, 06 May 2024 14:21:35 +0000
Post From: Incorrect Conclusion: Inaccurate Price Data From Binance
| [2021-09-21 20:00:42] |
| Stupid_idiot - Posts: 10 |
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The price data from Binance on Sierra Charts is inaccurate, thousands of dollars off at times. This is in comparison to the data from Bitfinex on Sierra Charts (which is accurate) as well as the data from the exact same pairing & exchange (e.g., BTC/USDT Binance) on other platforms like TradingView. Even the data from Ninjatrader from Coinbase (BTCUSD) is a more accurate representation of general price action on all exchanges. I have attached the most relevant screenshots to this post on different platforms that addresses this issue (I have more screenshots but that unfortunately exceeds the data limit allowed for posting). The most noteworthy discrepancy is on the major down bar on May 19th 2021. On pretty well every exchange it hit a low of 30k USD (on Binance, it hit 30k USD exactly). Yet, in Sierra Charts it says BTC/USDT hit a low of $34,682 on Binance which just isn't true. Same thing with BTC/USDC on Sierra charts, it says the low on May 19th was $34,785 on Binance. Again, not accurate. I have noticed similar discrepancies with other instruments on Sierra Charts from Binance, e.g., Ethereum. These are major discrepancies and am wondering what the cause is? It makes the data unusable for me. Thankyou, -Stupid_idiot Date Time Of Last Edit: 2021-09-21 20:03:22
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 Sierra Daily BTCUSDT Binance.png / V - Attached On 2021-09-21 19:53:23 UTC - Size: 556.08 KB - 239 views Sierra Daily BTCUSD Bitfinex.png / V - Attached On 2021-09-21 19:54:16 UTC - Size: 542.48 KB - 236 views TradingView Daily BTCUSDT Binance.png / V - Attached On 2021-09-21 19:55:22 UTC - Size: 405.07 KB - 189 views |