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Forums>StrategyQuant>General Discussion>Is XBRUSD the same as BRENTCMDUSD?

  • #259241 |
    Oliver
    Customer
    117 Posts

    Im trying to build strategies now for oil and gold. XUAUSD is easy to understand because dukascopy has the same for gold but my broker has XBRUSD for brent crude vs USD but dukascopy data has Brentcmdusd. are they the same? is there a way to check they are the same so i can draw the same conclusions in the future for other markets?

     

    thanks

    #259252
    Customer
    791 Posts

    i am trading WTI and must say, that dukascopy data for OIL symbols are not usable – CFDs differs a lot and every broker will have different datafeed – and thus your backtest will not be reliable

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    #259261
    Customer
    19 Posts

    Im trying to build strategies now for oil and gold. XUAUSD is easy to understand because dukascopy has the same for gold but my broker has XBRUSD for brent crude vs USD but dukascopy data has Brentcmdusd. are they the same? is there a way to check they are the same so i can draw the same conclusions in the future for other markets? thanks

    There is quite a bit of difference in the datafeed. The difference becomes material even at D1 granularity.

    For example, here is a test of a strategy on Pepperstone using XBRUSD D1 between 2012.01.01 to 2020.05.29 using spread of 8 pts

    Dukascopy Result below (US Brent Crude Oil)

     

    Dukascopy Result

     

    Pepperstone Result Below (XBRUSD)

    Pepperstone

     

    Rich B

    #259307
    Oliver
    Customer
    117 Posts

    ok thanks

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