Jump to content
  • 0

PRT charts not being corrected


ST

Question

For the past two months or thereabouts I have been reporting flawed charts using the email facility in the ProRealtime software. Only one of the many charts that I have reported has been corrected. Listed below is just a fraction of the charts I have reported. You will see that some have been reported twice but to no avail!

 

UK Stocks 

 

3rd April: CHG

25th May: WTAN, FEV, BTEM, MRO, TEM

27th May: RSW 

13th June: RSW

14th June: JLT, FEV

22nd June: CRDA

 

US Stocks

 

8th May: CBOE

9th May: MRCY

15th May: ZION

20th May: CTSH

30th May: CBOE

 

12th June: AXP

13th June: CAT

14th June: VVC, CME, CMA, LECO, NJR, NWE, MMM

20th June: PG

23rd June: CBPO

 

This is the bunch of US stocks I reported yesterday i.e. 24th June: ARMK, ARW, BLL, FNF, FBHS, PAC, HAS, IPGP, MCD, MHK, NEE, PKG, SSNC, STE, TRU, WCG, YUM

 

My focus is on the US and UK markets, I estimate the percentage of stocks with charts with flawed data is at least in double digits. Far beyond the "one or two that escape the net" as has been previously postulated or as you have articulated " Due to the large number of instruments we offer we sometimes do miss some errors on charts." I understand that the same flawed data powers the new IG charts too! On that basis, I find it incredulous, almost bizarre, even surreal that so much work is going into developing the new charts when IG does not have a reliable data feed!! It seems very much like the cart is being put before the horse. In the context of any developments to the charts where indicators are a derivative of price (are there any that are not?) the old IT adage is very appropriate, "garbage in, garbage out" 

 

Before I finished this post I thought I would go through the Dow Jones Industrial Index or Wall Street in IG speak to see how many defected charts would be revealed. The following is the result of that exercise:

 

MMM, CAT, TNH, GE, GS, HD, JPM, JNJ, MRK, NKE, TRV, UTX, UNH, VZ, MCD & PG.

 

More than half, i.e. 16 charts out of 30

 

 

Link to post

6 answers to this question

Recommended Posts

  • 0

The DFB chart of Mitie(MTO.LSE) is showing a long wick to the downside today on the one minute candle. The candle low is showing a misleading 272.5, whereas on the LSE's chart the candle is much different in form and is showing a low of 287.1

 

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary-chart.html?fourWayKey=GB0004657408GBGBXSTMM

 

The spread on the current DFB is just under two points. 

Link to post
  • 0

I have looked at three LSE stocks so far including the one above and the have all been affected by the bad tick on the open. The other two are ANTO and SPX. 

Link to post
  • 0

     please feel free to assist , it would be unfair for him to get all the accolades for solving all the issues in a timely manner.

 

Thank you. 

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
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.

  • General Statistics

    • Total Topics
      14,955
    • Total Posts
      72,663
    • Total Members
      60,976
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    Deller78
    Joined 18/04/21 12:49
  • Posts

    • So, the vaccines are not actually vaccines because the don't protect you from getting covid but might just reduce the symptoms somewhat, for a disease were 99.9% experience only mild symptoms anyway. With the animal studies of previous types of mRNA medications the real test was 6 - 12 months after injection when the autoimmune system malfunctions started to show, should be interesting as no one knows what's going to happen next because these vaccines were allowed to skip the animal testing phase.   Now that the plan has been shown to work are you ready for the gear change from covid lockdowns to climate change lockdowns yet? The WHO starts flashing hints. WHO warns a coronavirus vaccine alone will not end pandemic (cnbc.com)   And if the covid models were a deliberate fear mongering total exaggeration take a look at the climate change ones.     Meanwhile Fauci over steps the line and gets a well deserved ear full.    
    • 50K might be a too conservative target...  any thoughts?  43?  25...?
×
×
  • Create New...