Jump to content

Missing Logarithmic Scale


Guest tttigra

Recommended Posts

Guest tttigra

I've been a trader since 10 years with Saxo but they have recently retired their platform and replaced it with a new one which is quite horrible to use from charting point of view. So I've started looking around and I found IG platform quite efficient with only ONE thing missing. Logarithmic scale. How can a modern platform like this one misses such an important feature? I've seen some members complaining since 2016 in the forum but nothing has been done. And it's not even hard to do. Without log scale, all commodity charts and long term charts are basically useless because prices go up and down in multiples. Until IG implements this simple but effective option, I cannot possibly use this platform. For personal reasons, I cannot use PRT because it's an installed platform. I need web based. 

Link to comment
23 minutes ago, tttigra said:

I've been a trader since 10 years with Saxo but they have recently retired their platform and replaced it with a new one which is quite horrible to use from charting point of view. So I've started looking around and I found IG platform quite efficient with only ONE thing missing. Logarithmic scale. How can a modern platform like this one misses such an important feature? I've seen some members complaining since 2016 in the forum but nothing has been done. And it's not even hard to do. Without log scale, all commodity charts and long term charts are basically useless because prices go up and down in multiples. Until IG implements this simple but effective option, I cannot possibly use this platform. For personal reasons, I cannot use PRT because it's an installed platform. I need web based. 

HI, the platform is still relatively new and additional features are being added regularly, the addition of the percentage scale was one such. Perhaps @JamesIG could add your request to the 'to do' list if it's not already on it. 

Link to comment
Guest closer

I have also been telling IG for years about log scale charts and they just don't listen. its not even on their old platform or iOS app. like the original poster above said others have been asking since 2016 so asking to put it on the to do list when it "should" be already on it and is pointless. Ig needs to employ real traders to be in the design and implementation team. If they did then these glaring embarassing mistakes "and theirs plenty believe me" wouldn't happen or be fixed quickly.

Link to comment
1 hour ago, Guest closer said:

I have also been telling IG for years about log scale charts and they just don't listen. its not even on their old platform or iOS app. like the original poster above said others have been asking since 2016 so asking to put it on the to do list when it "should" be already on it and is pointless. Ig needs to employ real traders to be in the design and implementation team. If they did then these glaring embarassing mistakes "and theirs plenty believe me" wouldn't happen or be fixed quickly.

Certainly the more people who request log scale the more likely it is to be incorporated and it's also better when using the forum to tag someone who would be able to carry that request forward, which was the main reason for my post.

Link to comment
Guest tttigra
2 hours ago, Caseynotes said:

HI, the platform is still relatively new and additional features are being added regularly, the addition of the percentage scale was one such. Perhaps @JamesIG could add your request to the 'to do' list if it's not already on it. 

Hi @JamesIG,

Are there really any plans to implement log scale into IG platform?

Link to comment
Guest tttigra
On 03/07/2019 at 14:32, JamesIG said:

I don't believe so, however I've reached out to our Charts product owner and I'll get back with a more conclusive answer. 

Hi James,

Any news on the log scale? I'm about to change brokers and I need to know if log will be implemented. If you look at any professional charting platform, log scale is standard. 

Link to comment
Guest closer

James why oh why does it take loads of users to alert IG to this when its a BASIC ESSENTIAL TOOL for correct technical analysis not a fancy add on or luxury. This should have been included on the initial release. Another reason why IG needs to employ real chart technicians into the design team. IG has at least one presenter who has done the STA course, are you saying he hasn't even alerted you to this glaring omission ?

Link to comment

Our charts team sort prioritization by a number of things - most notably on feedback from clients. Unfortunately whilst it may be very important for some, when you look holistically at the client base it isn't requested as much as you would like.

We collate feedback from 200,000 clients all over the world and at this stage it doesn't seem as highly requested as other features. Even on Communities 34,000 posts it's only been noted maybe twice in over 4 years? Furthermore, there are other things which come into consideration - technical requirements, cost benefit analysis, whether or not we have the option on a different charting package etc. 

Whilst you can't get log scales on IG charts, you can on ProRealTime which may be worth investigating (via PRT settings). Hope this helps.

log.png

Link to comment
Guest tttigra

"Useful long term but not a trade indicator"    This is Bitcoin's long term chart with and without log scale. You may be a short term trader but most investors and long term traders see value in these long term trends. 

download (1).png

download.png

Link to comment
  • 4 weeks later...

Guys,

IG is an execution platform, and a good one at that. If you're a decent trader you'll realize charting isn't its function- especially at the retail rates IG is priced at. I suggest investing in a bespoke charting tool if you really need such detail in charts i.e Tradingview, TC2000 etc. Log Scale charting probably isn't that high a priority for a broker!!



 

Edited by AleksL
Link to comment
Guest closer

AleksL Im afraid I don't agree for many reasons but I won't drag this on. But as for Tradingview yes I would love if IG finally allowed its customers to link into Tradingviews API platform like other brokers have done and more will join no doubt. That way we can trade with IG quotes and prices but through TW charts and platform. This is yet another request I put in long ago but they've ignored so far. Lets hope the team push this on to the management team. actually I think im going to post this as a new request thread

This API is to be implemented by the Brokers in order to connect their backend systems to TradingView, that acts as a frontend. https://uk.tradingview.com/rest-api-spec/

Link to comment
  • 2 years later...
  • 2 weeks later...
On 10/09/2021 at 18:58, HeOfMuchDisgrunt said:

@CharlotteIG I'm lending my support to this campaign.  It's embarrassingly pre-historic not to have a log-scale toggle. It's not as if it would be hard to program either. Why deny your clients such basic functionality?

 

On 12/09/2021 at 14:01, Guest Yianni said:

I'm also lending my support to this campaign.

Hi all,

I have forward your feedback to the relevant department to be reviewed.

All the best - Arvin

Link to comment
  • 3 months later...
  • 3 weeks later...

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

    • Dear @Luis, Thank you for your post. Please make use of the search function on the platform. You can use ' 500 ETF' as keywords. Please also bear in mind that retail investors can't purchase most US ETFs. All the best, KoketsoIG
    • DE Elliott Wave Analysis Trading Lounge Daily Chart, Deere & Co., (DE) Daily Chart DE Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Minor 2 of (1). DIRECTION: Bottoming in wave 2.   DETAILS: Looking for a three wave move in wave 2 to be soon completed, to then continue higher.   DE Elliott Wave Analysis Trading Lounge 4Hr Chart, Deere & Co., (DE) 4Hr Chart DE Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective   STRUCTURE: Flat POSITION: Wave {c} of C.   DIRECTION: Wave (v) of {c}. DETAILS: Looking for equality of {c} vs. {a} at 390$, looking for a Classic Trading Level Pattern around 400$ to then enter long positions.   Welcome to our latest Elliott Wave analysis for Deere & Co. (DE), In this report, we provide a detailed examination of DE's price movements and future projections using the Elliott Wave Theory. This analysis will cover both the daily and 4-hour charts, offering insights into the current trends and potential trading opportunities. Whether you are a seasoned trader or a market enthusiast, this analysis aims to enhance your understanding of DE's market behavior.   * DE Elliott Wave Technical Analysis – Daily Chart* In our latest Elliott Wave analysis of Deere & Co. (DE), we observe a bullish trend with an impulsive structure. Currently positioned at Minor wave 2 of (1), DE is bottoming in wave 2. We anticipate the three-wave move in wave 2 to soon complete, setting the stage for a continuation to the upside. Traders should watch for signs of this bottoming to prepare for potential long positions as the trend resumes. * DE Elliott Wave Technical Analysis – 4Hr Chart* On the 4-hour chart, DE is exhibiting a corrective mode within a flat structure, specifically positioned in wave {c} of C. We are looking for wave (v) of {c} to reach equality with wave {a} at the $390 level. Additionally, we expect a Classic Trading Level Pattern to emerge around the $400 mark. This pattern will provide an opportunity to enter long positions as DE completes its corrective phase and resumes its upward movement.   Technical Analyst : Alessio Barretta Source : Tradinglounge.com get trial here!  
    • What is the etf sp500 here without being CFD i can invest on please?
×
×
  • Create New...
us