Jump to content
  • 0

IG and TradingView Charts Different

Question

Hi,

It seems that the charts on IG Web Platform vs. TradingView are quite different. 
See photo. Both taken at the same time.

- For charting on Tradingview, what should I use to be as accurate as possible? Example: FXCM / Forex.com / Oanda charts?
- Which candlestick countdown timer does IG platform follow?

@CharlotteIG

IG Chart 4H.JPG

TradingView Chart 4H.JPG

Share this post


Link to post

3 answers to this question

Recommended Posts

  • 1
2 hours ago, Lydia285 said:

It seems that the charts on IG Web Platform vs. TradingView are quite different. 
See photo. Both taken at the same time.

- For charting on Tradingview, what should I use to be as accurate as possible? Example: FXCM / Forex.com / Oanda charts?
- Which candlestick countdown timer does IG platform follow?

Hi, there are a number of differences that will cause charts to look different.

The accurate chart to use is the broker's chart you are trading with, those are the prices on offer to you, no 2 brokers will offer the exact same prices at any one moment, they all track the underlying market but none can offer you the exact exchange price, all brokers source their prices from an array of different liquidity providers. 

The platform itself will handle data differently and will not look exactly the same as the broker's chart for the broker's data  Tradingview is displaying.

The time zones also cause the charts to look different, the other 3 brokers are US based while IG UK uses GMT (+1 in summer) while IG Australia uses Australian EST and I think IG US uses US Chicago. The time zones are stamped by the broker and can't be changed except through a third party platform like Tradingview or Prorealtime.

Different brokers also have different weekly opening, IG opens on Sunday evening so IG markets have 1, 2 or 3 hourly candles on a Sunday which creates an extra day and so both the price and indicator data will project differently onto a chart.

Hope this helps.

Share this post


Link to post
  • 0
7 minutes ago, Caseynotes said:

Hi, there are a number of differences that will cause charts to look different.

The accurate chart to use is the broker's chart you are trading with, those are the prices on offer to you, no 2 brokers will offer the exact same prices at any one moment, they all track the underlying market but none can offer you the exact exchange price, all brokers source their prices from an array of different liquidity providers. 

The platform itself will handle data differently and will not look exactly the same as the broker's chart for the broker's data  Tradingview is displaying.

The time zones also cause the charts to look different, the other 3 brokers are US based while IG UK uses GMT (+1 in summer) while IG Australia uses Australian EST and I think IG US uses US Chicago. The time zones are stamped by the broker and can't be changed except through a third party platform like Tradingview or Prorealtime.

Different brokers also have different weekly opening, IG opens on Sunday evening so IG markets have 1, 2 or 3 hourly candles on a Sunday which creates an extra day and so both the price and indicator data will project differently onto a chart.

Hope this helps.

 

You're on a roll today, bonnie loon! 🤓

Share this post


Link to post
  • 0
2 minutes ago, dmedin said:

 

You're on a roll today, bonnie loon! 🤓

market going sideways for the last half hour 🙁

  • Thought provoking 1

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×