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Sygna

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  1. I recently joined TV, with a Pro+ and IG still not listed as a broker. One of the biggest drawdowns of the IG charts (both on platform and in MT4) is the use by IG of a 6 days week (SUN-FRI), whereas any reliable charting platform uses 5 days (MON-FRI). The consequences are potentially quite impactful, as many calculations are WRONG (before there is a discussion about this: you can not give a few hours on Sunday night the same weighting as a full trading day like the rest of the week). Apart from the obvious wrong calculations of indicators that use daily closings (such as any moving average. MACD, DMI, etc), other indicators you might rely on in trading shorter time frames need to be ignored, such as Fibonacci pivots on Mondays. I'm surprised this is not of greater concern to the trading community and even more so to IG. TV and the current brokers offering their pricing are showing a 5-day week.
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