Different data between PRT and IG/other site

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  • 05/29/2022 at 6:48 PM #194135 quote
    Nutrun
    Participant
    New

    Hi everyone, I’ve a visualization problem from data showed on PRT and IG/tradingview/other brokers.

    As you can see on images that I’ve uploaded on this topic there are several bars, on 10 minutes timeframe and ofc in the others, that show a very different bar composition.
    I need to know why there is this problem, if I’m alone to see it and how can I fix it.

    The market where I found this incongruence between IG and PRT is ENI spa, italian MIB FTSE.

    Thanks 🙂

    igwo.png igwo.png
    05/29/2022 at 8:18 PM #194142 quote
    GraHal
    Participant
    Master

    Widening of the spread (by IG) to the upside only?

    The Instruments that IG make a Market in are derivatives of the underlying. In the case you show the underlying is ENI spa, italian MIB FTSE.

    As a derivative, the price is controlled by IG and is not tied to the underlying, but most of the time IG mid-price is the same as the underlying (else we’d all be trading with another broker).

    05/29/2022 at 8:46 PM #194147 quote
    Nutrun
    Participant
    New

    Sorry but I don’t understand your answer.
    The problem here is that the price showed on PRT is terribily different from price showed on IG.

    The instrument is the same, same derivate with same underlying.

    As you say the derivate price’s in not tied to underlying but the price showed on PRT must be the same showed on IG.

    05/29/2022 at 10:33 PM #194151 quote
    JS
    Participant
    Veteran

    When you select the “last traded price” in the IG site, the prices/charts are the same.

    Schermafbeelding-2022-05-29-om-23.22.34.png Schermafbeelding-2022-05-29-om-23.22.34.png
    05/29/2022 at 10:50 PM #194158 quote
    Nutrun
    Participant
    New
    Thanks, can you explain me why the price is displayed like that with “last traded price”? What’s stand for?
    05/29/2022 at 11:01 PM #194159 quote
    GraHal
    Participant
    Master
    Nutrun wrote:
    Sorry but I don’t understand your answer.
    My mistake … I thought the chart you showed with the 3 very large upper wicks was IG via PRT and the other chart was from another broker / TradingView.
    05/29/2022 at 11:06 PM #194160 quote
    JS
    Participant
    Veteran

    It is the actual price traded (so not the bid, ask or mid- price)

    05/29/2022 at 11:55 PM #194162 quote
    Nutrun
    Participant
    New
    So why if I look at the same market on tradingview I don’t see that candles?
    05/30/2022 at 12:08 AM #194164 quote
    JS
    Participant
    Veteran

    Because it is the actual traded price at IG.

    The clients who trade with IG have paid this price.

    At IG, for example, you can also trade on weekends, and you will not find these prices anywhere else than at IG.

    IG makes its own prices.

    05/30/2022 at 1:01 AM #194166 quote
    Nutrun
    Participant
    New
    I know that CFD mean that I trade a contract with the broker, in this specific case IG, but I also know that IG have follow, as it can, the underlying price’s. I’m not saying that isn’t possible, I’m saying that’s weird that my broker manipulate SO MUCH the price in a working common day. If I try to zoom in with a 1 minute time frame I just see a market gap, due to what?
    05/30/2022 at 7:01 AM #194167 quote
    robertogozzi
    Moderator
    Master
    @Nutrun Sorry, I mistakenly removed one if your two pics in your first post while trying to enlarge it from my mobile. Will you please post it again?
    05/30/2022 at 8:04 AM #194170 quote
    JS
    Participant
    Veteran

    Yes, it’s weird… but this game of spread betting or CFDs is played according to the rules of IG…

    05/30/2022 at 9:05 AM #194172 quote
    Nutrun
    Participant
    New
    Understood. I’ve sent a support ticket to PRT, but I think that they will say the same things. Thanks for the supporto guys 🙂
    GraHal thanked this post
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Different data between PRT and IG/other site


Platform Support: Charts, Data & Broker Setup

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Nutrun @nutrun Participant
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This topic contains 12 replies,
has 4 voices, and was last updated by Nutrun
3 years, 9 months ago.

Topic Details
Forum: Platform Support: Charts, Data & Broker Setup
Language: English
Started: 05/29/2022
Status: Active
Attachments: 2 files
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