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how we can trust i chart |
swetha141reddy White Belt
Joined: 22 Mar 2010 Posts: 32
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Post: #1 Posted: Wed Sep 08, 2010 10:42 pm Post subject: how we can trust i chart |
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Dear sir / madam,
I am posting the 2 eod charts one is i chart and other one is chart nexus when i compare the charts every illiterate who has some ta knowledge can say today is a doji but when i compared i charts and other eod charts it showing difference if i ask i chart they may explain that eod data can't adjusted it may differ to other charts ok .if, i scan candle stick in advace search it also showing no pattern today but today is doji but it not identifing the doji then all the candle stck patterns also wrong in i chart so now for this my quarry how i chart will solve the problem |
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SwingTrader Site Admin
Joined: 11 Aug 2006 Posts: 2903 Location: Hyderabad, India
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Post: #2 Posted: Wed Sep 08, 2010 10:52 pm Post subject: |
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The problem is due to intraday data update of DAILY candle, it is not working in JCharts (Premium). Look at EOD charts in JCharts (EOD) or Charts (Premium), they are fine.
We apologise for this error on JCharts (Premium). Until we fix it, do not view daily/weekly/monthly charts in JCharts (Premium), this tool is mainly for intraday charting only. Do all your EOD analysis on our EOD charts.
We will fix this as soon as possible. _________________ Srikanth Kurdukar
@SwingTrader |
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swetha141reddy White Belt
Joined: 22 Mar 2010 Posts: 32
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Post: #3 Posted: Wed Sep 08, 2010 11:10 pm Post subject: |
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st thanq very much for your quick reply and what about candle stick pattern it showing no pattern but today is doji so, plz do the need ful |
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #4 Posted: Thu Sep 09, 2010 12:09 am Post subject: |
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Madam, the chart does show a DOJI today, pls check the Jchart EOD. |
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swetha141reddy White Belt
Joined: 22 Mar 2010 Posts: 32
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Post: #5 Posted: Thu Sep 09, 2010 8:22 am Post subject: |
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Yes chetan ST given the reply but in candle stick screener no pattern but it is doji |
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SwingTrader Site Admin
Joined: 11 Aug 2006 Posts: 2903 Location: Hyderabad, India
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Post: #6 Posted: Thu Sep 09, 2010 9:10 am Post subject: |
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swetha141reddy wrote: | st thanq very much for your quick reply and what about candle stick pattern it showing no pattern but today is doji so, plz do the need ful |
Well...we use a software to detect candlestick patterns. We will have to see if we can fine tune the definition/criteria it uses to identify a doji. It is just a software, it has its own limitations. It could be that its definition of a doji is too strict, that is why it has missed it.
We will check further and see... _________________ Srikanth Kurdukar
@SwingTrader |
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