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Old 27-07-2005, 12:23   #3
Truville
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Re: reliable intraday historical data

Quote:
Originally Posted by rmanasa
but for position or swing trading, the difference between a set of actually traded prices and a composite of prices from reliable sources may not be significant.
I believe it is significant for one big reason: candles.

If you use indicative data, the hourly candle may have a different shape to it than a candle using actual data. The difference between a doji and a regular bar. The difference between engulfing and not. The difference between buy and sell.

In a market as difficult as this, I don't think close enough is ever close enough.
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