I am new to IG and CFD trading. When I was exploring what kind of function and charting IG has, I found that ZIP's (26/07) chart has different opening prices regarding different timeframe. When I check the market open price on the daily chart, the open price is 7.530. If I change the chart to 30mins or 4hrs, the market open price becomes 7.470. Why would this happen?
Why different timeframe on the chart have different open prices?
in IG Chart Support - Charts, MT4 and PRT
Posted
I am new to IG and CFD trading. When I was exploring what kind of function and charting IG has, I found that ZIP's (26/07) chart has different opening prices regarding different timeframe. When I check the market open price on the daily chart, the open price is 7.530. If I change the chart to 30mins or 4hrs, the market open price becomes 7.470. Why would this happen?