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Asset prices minimum/maximum differ in time frames


twu1234

Question

Hello,

I wonder how it could be that the daily minimum is higher than the 15 min minimum?

e.g. the platform shows the daily minimum bitcoin price on 23 may at about 66284 USD.
the 15 min minimum is about 66272 USD 

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15 hours ago, twu1234 said:

Hello,

I wonder how it could be that the daily minimum is higher than the 15 min minimum?

e.g. the platform shows the daily minimum bitcoin price on 23 may at about 66284 USD.
the 15 min minimum is about 66272 USD 

Dear @twu1234,

Thank you for your post.

Can you kindly rephrase your question as it is unclear?

All the best,

KoketsoIG

Please rate us on Trustpilot: IG Trustpilot 

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19 hours ago, twu1234 said:

e.g. the platform shows the daily minimum bitcoin price on 23 may at about 66284 USD.

Can't confirm; for me, it shows the minimum on may 23 @ 66252 $/66384 $ USD (bid/ask).

So my guess is that your 66284 $ is a typo, and that you meant 66384. That is the ask price, and the bid minimum for the day is 66252 $. Correct me if I am wrong.

66272 $ is well above 66252 $, so that is entirely possible for a 15-min interval on that day. Also note that min/max prices are different on demo and live, due to the spreads being different.

When looking at min/max prices, make sure to select bid/ask as appropiate in the platform (I think it shows the mid by default, but @KoketsoIG may correct me on that).

There is some more information available on IG's website, for example: https://www.ig.com/us/trading-strategies/understanding-the-bid-ask-spread--a-cost-to-your-trading-240117

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48 minutes ago, mf2 said:

Can't confirm; for me, it shows the minimum on may 23 @ 66252 $/66384 $ USD (bid/ask).

So my guess is that your 66284 $ is a typo, and that you meant 66384. That is the ask price, and the bid minimum for the day is 66252 $. Correct me if I am wrong.

66272 $ is well above 66252 $, so that is entirely possible for a 15-min interval on that day. Also note that min/max prices are different on demo and live, due to the spreads being different.

When looking at min/max prices, make sure to select bid/ask as appropiate in the platform (I think it shows the mid by default, but @KoketsoIG may correct me on that).

There is some more information available on IG's website, for example: https://www.ig.com/us/trading-strategies/understanding-the-bid-ask-spread--a-cost-to-your-trading-240117

Dear @mf2,

Thank you for clarifying

@twu1234,

Please clarify which prices are you quoting (ask, mid, bid). Please provide an applicable screenshot so we can be on the same page.

Thanks,

KoketsoIG

Please rate us on Trustpilot: IG Trustpilot 

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Ok, I'm sorry, it seems to be my fault.

I thought the horizontal line for measuring has magnetically gripped the lower end of the candle, but it has not.
Can you tell me how to activate magnetic gripping? I badly miss it
I can remember some time back one could switch it on and off in preferences but it is not there anymore.

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