Why do I get different values between ProScreener and my indicators on the chart?

FAQs - Category: Screener

If the values from ProScreener do not match those of the indicators displayed on your chart, this is usually due to differences in historical data availability, timeframe settings, or real-time market data access.

Solution

1. ProScreener May Be Using Less Historical Data Than Your Chart

  • ProScreener does not always load as much history as the chart, leading to different calculations for indicators.

  • If an indicator requires a long calculation period, ProScreener may not have enough bars to match the chart’s values.

  • To fix this, increase the number of historical bars used in ProScreener by modifying your account type (contact your account manager).

2. Different Timeframes Between Chart and ProScreener

  • If your chart is on a different timeframe than your ProScreener settings, the indicator calculations will be based on different candles, causing discrepancies.

  • To fix this, ensure your ProScreener uses the same timeframe as your chart.

  • Adjust the timeframe in ProScreener to match your chart settings for consistency.

3. Real-Time vs. Delayed Market Data

  • ProScreener requires a real-time data subscription to provide live results.
  • If you have delayed market data, your chart (which updates as price ticks in real-time) will not match ProScreener.
  • Check your subscription under your account settings to confirm if you have real-time data for the scanned assets.

4. ProScreener Uses Unadjusted Market Data Without Custom Trading Hours

  • ProScreener does not adjust prices for dividends or stock splits, meaning that its calculations are based on raw market data.
  • If your chart is configured to display adjusted prices, this can lead to discrepancies between chart indicators and ProScreener results.
  • ProScreener also does not use custom trading hours—it operates strictly on the official market hours of the instrument being scanned. If you have custom trading sessions on your chart, the results might not match the screener output.
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