Charting Accuracy

Following on from the BARC posting ... I notice IG daily charts show a low for the FTSE on 8th Aug 2011 at 4720.4. The PRT end-of-day low for the same day is 5062.42, with the lowest low for that period coming the next day, Aug 9th, at 4791.01.

Can anyone either verify any of these figures or, more probably, throw in a few more variations for the same days?

Diver.

aug 8th
high 5295.78
low 5062.42

The next day the low was 4791


dl.dropboxusercontent.com/u/4899609/aug8th2011.png

hope this helps

That's hilarious!

My IG version of PRT has a daily low on 8th August 2011 of 4824.8!!!

Next day's low was 4719.4.

I know these could differ from remo's since they're futures prices, but there's no consistency even between PRT's own charts!

Actually, I just checked IG Market's own, basic, chart and mine shows a ftse low on 8/8/2011 at 4825.8 and a low next day at 4720.4.

From this I'm deducing that IG's version of PRT uses IG's data and plots it on PRT format charts...PRT's independent charts (ie their own) uses different data and then we've also got remo's cash charts (and the updata ones I used to have which are also cash).

So, IG's PRT is really just a prettier version of IG's own charts.

This is all carp. As soon as I get my new SSD I think it's time to trial Metastock again. I fell out with updata because they wanted over £1500 a year and the only real advantage of them was intraday stock charts (since I've started using futures charts for indices anyway and I don't trade FX much but you can get decent FX charts anywhere) and share are best traded using daily charts anyway imho. So it seemed pretty pointless to pay all that for something I don't think I need.

On the other hand, I could just use ADVFN's charts since I pay them for L2 anyway and the charts come included on a real time basis.

Perhaps IG's PRT charts for indices, commods and FX and PRT's own charts for EOD shares cross referenced with ADVFN prices for anomalies?

Or pay for Metastock even though I didn't like it last time...(and I've not been trading much recently anyway)

Decisions, decisions, decisions....

Perhaps crayons might to the trick...or a blindfold, a pin and a picture of a donkey....

Summary for those who don't want to read my rant...

IG's index charts (whether their own or PRT's version of their data) are FUTURES charts ie include out of hours prices.

PRT's own EOD index charts are cash charts ie market hours only.

Metastock and Updata (and Stockcharts too I think) are cash charts ie market hours only.

Is that right?

[This brick wall is starting to hut my head]

That sounds about right

The metastock 2 month free trials will end on the 31st sept. After this you will only get 1 month trials.

Jackozy....metastock is way more powerful and value for money than Updata . Initially the cost is similar but once you purchase metastock then all you will be paying for is the anual subscription which is about £900 a year this includes all the data and all the real time news that Reuters provide. The research side of zeneth is amazing.It finds all the info you will ever need about any company.All the fundamental info you could ever want.The news package alone is worth the £900 a year . Its not just a charting package.I know you did not like the feel of metastock before. I was the same but once I got used to it ,it's not so bad. It's a very powerful piece of kit which I must confess I don't use. I'm more of a chartist so for me that's all I need it for. I don't use any of the add ons which can make it so much more powerful. Theres more to it than people realise.
Like I said the 2 months free trial will end in a few days time so if you have not trailed it then please do.