TheGuru12

Scalping would by nye on impossible with IG. Even using the API it would be difficult.

I am no stranger to criticism online but alas I do not let it deter me, I have some loyal followers and some interesting cool people behind me. I put out what I think. People are free to ignore it. People get pissy when there is money at steak.

It took me a while to become ultimately profitable.

Aye, Can do that. To be fair I mainly do stocks. I run a Discord group and Reddit thread to discuss trading/coding with the IG Index API.

4H over 15M ... It's trading very tightly, Albeit it downward trend.

Having run the numbers with my trading algorithm I have developed with the IG Index API, I thought that I might offer some insight. As always this is my own thoughts, ideas and opinions. It might help some of the newer investors. Let me explain this graph. Whilst I believe I hold some authority around various parts of the internet with regards to this as I have invested alot of time and effort into this system most of the code is released for free, let me attempt to explain. This graph is produced from my own code/trading algo which I am happy to discuss if you so wish. I can do analysis on other stocks, pairs whatever if there is demand for it. The blue dashed line's are the high and low prices for each week, In this case over the last 52 weeks. The green dots are the "Peak Detection Algorithm", As you can see from the graph it is good at predicting when the price will turn around. Each dot representing a turn around in price. The grey area is the VWAP, The Volume Weighted Average Price. The red dashed line is what the price is currently sat at (mid price), As you can also see it is sitting right on a green dot, This is a signal to say that the price is about to turn around. BUT beware. There are ALOT more peaks beneath the VWAP price (Count them) which indicates there is some serious downward pressure there, It's failed to get off the ground. Not many buyers!. I have various rules attached to how this would be traded So my analysis for the next week is such that there will be a quite a down-tick in price (see the last green dot, It's just started), With significant price pressure downwards. Not to mention 4000 been a "Psychological Price barrier" My time is limited but if you wish I can produce graphs based on lower-time frames, Hour's etc to show the turn around points to plan your trades accordingly.

Same thing happened with another stock I am holding, Reach PLC. The price returned to normal the next day after the market opened. I cant imagine their stock will be that high for a while yet ;-). The best source of news for that stock is the Evening Gazette website.

No problem, I have lots of code that I have played around with on Github. Some cool stuff. Prices are free, Data is free. There are just limits to the API. I presume it's more to stop the load on IG systems or people ripping off the data but you can download it quite easily.

Hi Guys, I am about to release my "Anniversary Edition" of this. Please see here for more details. https://github.com/tg12/Anniversary_Release_IG_Bot

Create a PivotTable, Sort it by size and create a template graph from that.

This question makes absolutely no sense, Please view this... https://www.ig.com/uk/glossary-trading-terms

The spread is whatever IG Index decide. It's not wrong. Are you sure you mean the spread?

I will try post a monthly update. Since I started this on the 18th it will be then or around then. Thing's to note on this one. I doubled the size of my investment hence the straight up line, don't get too excited. The rest is the same.

I agree, If it would breathe more life into the API I'm all for it!

You know my thoughts on this. Even from a practical point of view within IG it would make sense. Everything under one roof. No separate infrastructure etc. However that said. It is every niche and it’s hardly ever visited. Even on the wider internet the API is not used much but I think I’ve got quite a few people to use it singlehandedly. If I remember correctly the last post office on there was months ago. Shame. I was hoping more people would use it.