Jump to content
  • 0

Chart indicators don't show on different timescales


Gctyhcjgf

Question

5 answers to this question

Recommended Posts

  • 0
3 minutes ago, Gctyhcjgf said:

When drawing on charts, how do I make the indicators visible on longer timeframes (I want a line drawn on tick by tick chart to appear on the monthly chart) [I asked this on the wrong chat so repeating here.]

Hi, you've got a problem there, platforms often reproduce lines going down the time frames but rarely going up, but also the different chart time frames have their data organised in packets simply to save on data amounts, trying to cover the multi decade monthly charts with tick data would need enormous capacity. So when looking down the time frames lines never match as they were drawn exactly as the data is repackaged time frame to time frame, this occurs on any platform, and the bigger the gap in time frames the larger the distortion of the line. I think you will need to redraw the lines on the larger time frames.

Link to comment
  • 0
On 30/06/2020 at 14:40, Caseynotes said:

Hi, you've got a problem there, platforms often reproduce lines going down the time frames but rarely going up, but also the different chart time frames have their data organised in packets simply to save on data amounts, trying to cover the multi decade monthly charts with tick data would need enormous capacity. So when looking down the time frames lines never match as they were drawn exactly as the data is repackaged time frame to time frame, this occurs on any platform, and the bigger the gap in time frames the larger the distortion of the line. I think you will need to redraw the lines on the larger time frames.

y = mx + c

It takes exactly two numbers no matter what time frame you draw a line at. Lines draw exactly the same and always match no matter what time frame, this occurs on any platform, and the size of the gap makes no difference and does not distort the line. 

Personally I would like things like moving averages to be the one I select and not jump around depending on the time scale too. If I want to see the 50 day moving average, I want to see the 50 day moving average no matter what time scale, but I would settle for a simple line. I am also aware that other people do want 50 bucket moving averages, no matter what the bucket size.

By the way, are any people on here actually IG staff? How do you actually ask IG a question? The chat link that used to exist seems to have disappeared.

Link to comment
  • 0
48 minutes ago, Gctyhcjgf said:

y = mx + c

It takes exactly two numbers no matter what time frame you draw a line at. Lines draw exactly the same and always match no matter what time frame, this occurs on any platform, and the size of the gap makes no difference and does not distort the line. 

Personally I would like things like moving averages to be the one I select and not jump around depending on the time scale too. If I want to see the 50 day moving average, I want to see the 50 day moving average no matter what time scale, but I would settle for a simple line. I am also aware that other people do want 50 bucket moving averages, no matter what the bucket size.

By the way, are any people on here actually IG staff? How do you actually ask IG a question? The chat link that used to exist seems to have disappeared.

the number of time peeps have complained on this forum that their lines never match up when changing time frames are too numerous to mention, and every platform has been sited, IG's web based, prt and mt4.

so not so simple after all.

as for moving averages you just have to do some arithmetic to convert the day to what ever time frame you are working on.

456593799_aal1.thumb.png.1a5de08607de5ad0680b3981d5cbc311.png1006876096_aal2.thumb.png.5cb316f9f12bae8ac3ab4022636d8eee.png

 

Link to comment
  • 0

Hi Caseynotes, apologies for being rude last time, I see you understand the problem. Your illustration is exactly what I am trying to deal with. If I draw the line on the low resolution chart (with low resolution end points) I could adjust the end points on the high resolution chart and all would be good. However the line isn't drawn so I can't. I think I have managed to draw on a hi res chart but this can be hard if the time period is too long.

Anyway, thanks for taking time to reply.

Link to comment
  • 0
41 minutes ago, Gctyhcjgf said:

Hi Caseynotes, apologies for being rude last time, I see you understand the problem. Your illustration is exactly what I am trying to deal with. If I draw the line on the low resolution chart (with low resolution end points) I could adjust the end points on the high resolution chart and all would be good. However the line isn't drawn so I can't. I think I have managed to draw on a hi res chart but this can be hard if the time period is too long.

Anyway, thanks for taking time to reply.

👍

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • What is Foreign Exchange? Foreign exchange (Forex or FX) is the conversion of one currency into another at a specific rate known as the foreign exchange rate. The conversion rates for almost all currencies are constantly floating as they are driven by the market forces of supply and demand. The most traded currencies in the world are the United States dollar, Euro, Japanese yen, British pound, and Australian dollar. The US dollar remains the key currency, accounting for more than 87% of total daily value traded.Factors that Affect Foreign Exchange Rates Many factors can potentially influence the market forces behind foreign exchange rates. The factors include various economic, political, and even psychological conditions. The economic factors include a government’s economic policies, trade balances, inflation, and economic growth outlook. Political conditions also exert a significant impact on the forex rate, as events such as political instability and political conflicts may negatively affect the strength of a currency. The psychology of forex market participants can also influence exchange rates. The Foreign Exchange Market The foreign exchange market is a decentralized and over-the-counter market where all currency exchange trades occur. It is the largest (in terms of trading volume) and the most liquid market in the world. On average, the daily volume of transactions on the forex market totals $5.1 trillion, according to the Bank of International Settlements’ Triennial Central Bank Survey (2016). The forex market major trading centers are located in major financial hubs around the world, including New York, London, Frankfurt, Tokyo, Hong Kong, and Sydney. Due to this reason, foreign exchange transactions are executed 24 hours, five days a week (except weekends). Despite the decentralized nature of forex markets, the exchange rates offered in the market are the same among its participants, as arbitrage opportunities can arise otherwise. The foreign exchange market is probably one of the most accessible financial markets. Market participants range from tourists and amateur traders to large financial institutions (including central banks) and multinational corporations. Also, the forex market does not only involve a simple conversion of one currency into another. Many large transactions in the market involve the application of a wide variety of financial instruments, including forwards, swaps, options, etc. Foreign currency exchange (forex) A foreign currency exchange rate is a price that represents how much it costs to buy the currency of one country using the currency of another country. Currency traders buy and sell currencies through forex transactions based on how they expect currency exchange rates will fluctuate. When the value of one currency rises relative to another, traders will earn profits if they purchased the appreciating currency, or suffer losses if they sold the appreciating currency.  
    • Totally agree, the growth of Bitget Wallet will have a positive impact on $BWB. The potential for both seems exciting. Good luck to you too, and hopefully everyone can benefit from these earning opportunities.
    • Sounds like Mystiko Network is making some serious waves in the interoperability space. Seamless compatibility across multiple blockchains is a game changer, especially with the ZK SDK for secure and private dApps. Big backing from Samsung and Coinlist adds credibility too. I will keep an eye on that Bitget listing, it could be a major boost for $XZK
×
×
  • Create New...
us