IG Charts Request Poll
Entry posted by MongiIG in Product Updates
4,411 views
Charts Request Poll
176 members have voted
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1. What charts request are you most interested in that should be added onto the IG trading platform? Take a quick poll vote.
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Add indicators/tools35
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Timeframes5
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Customise indicators/tools27
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Drawings7
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Backtesting70
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Trade from chart15
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Deeper history10
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Scaling2
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Weekend data0
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Time zone6
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This poll is closed to new votes
Your Poll vote matters:
Hello IG Community! We are working towards making IG trading platform charting developments better to provide a good user trading experience.
Why? We strive to provide our clients with the best charts, therefore your feedback is important to us and we will pass on your feedback to our development team.
We would appreciate it if you could take part in the poll as we are continuously working on adding more chart features to our IG trading platform to make your trading experience better.
Charts request options:
Please read the information on all the options below and then vote on what you would like IG to work on offering next.
1. Add indicators/tools
Whether you’re interested in forex trading, commodities or share trading, it can be helpful to use technical analysis as part of your strategy – and this includes studying various trading indicators. Trading indicators are mathematical calculations, which are plotted as lines on a price chart and can help traders identify certain signals and trends within the market.
There are different types of trading indicators, including leading indicators and lagging indicators. A leading indicator is a forecast signal that predicts future price movements, while a lagging indicator looks at past trends and indicates momentum.
2. Timeframes
A timeframe in trading can refer to any designated unit of time in which trading takes place. Typically, forex timeframes will be measured in seconds, minutes, hours, days, weeks, months or years. You will choose the timeframe that is most suited to your trading strategy.
3. Customise indicators/tools
Once you’ve applied your indicator to a chart, right-click on the indicator itself. From here you can edit values, colours and styles.
4. Drawings
You can edit drawings, the values, by right-clicking on your drawing. You can also duplicate or delete drawings in this way.
5. Backtesting
Backtesting will run a trading strategy against historic data for an instrument, and give you a detailed report on how it would have executed trades. Apply indicators & trading systems then create a new strategy or modify an existing one.
Backtesting is one of the most important aspects of developing a trading system. If created and interpreted properly, it can help traders optimize and improve their strategies, find any technical or theoretical flaws, as well as gain confidence in their strategy before applying it to the real world markets.
6. Trade from chart
The Trade from charts feature helps you place orders directly on the charts on the trading platform . You can place Limit and Stop Loss Market (SL-M) orders on this feature.
If you place a buy order less than the CMP (Current Market Price), a limit order will be placed. If you place a buy order more than the CMP, an SL-M order will be placed.
Similarly, if you place a sell order higher than the CMP, a limit order will be placed. If you place a sell order lesser than the CMP, an SL-M order will be placed.
7. Deeper history
Displaying historical data, you may scroll historical data using left-mouse drag on the chart. To scroll historical data, left-mouse click on the chart and drag the mouse to the left. For example having more than 5 years historical chart data.
Historical data analysis is the study of market behavior over a given period of time. Through detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained over the course of the process may prove useful in developing a viable trading plan or improving an existing methodology.
8. Scaling
We understand the importance of precision in the technical analysis and add the ability to set the exact price and time scale ratio.
Scaling will be for editing your chart on the price scale. This is a fast way to edit your chart's price scale to make it easier to visualize. Using this simple tip will let you customize your chart from what line and labels are showing on chart, one of the fastest ways to customize your chart.
9. Weekend data
Platform customisation feature you can completely customise your trading experience, setting up the platform in exactly the way you want it. To customise your trading hours to be in line with the New York or London open or close – you’ll have access to an editable workspace that gives you what you need, when you need it.
This option lets you display or hide weekend data (Saturday and Sunday). The official market time zone is used to determine what data is included in "weekend data".
10. Time zones
Time zones selected modify the time zones used to display data displayed on the charts. The time zones chosen affects all data including times displayed in charts, order lists and tick by tick lists.
Thank you very much for sharing your valuable & useful feedback. Here at IG we want to make sure your suggestions or feedback help shape our direction and future.
We appreciate that the best businesses are built around two-way communication with clients. If you have other feedback or suggestions and time to spare, please write to us and comment on this blog why you picked your charts request and why not the others.
We would love to hear from you!
All the best - MongiIG
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