FirstCharting Nifty, Niftyn, Niftyn2 data are same, why?

#1
I subscribe to First Charting MT4 data. Their Nifty futures data is same for current, far and next far month. I contacted their support and was told that since today is futures expiry, the data is same. Can anyone please explain this?
 

rkkarnani

Well-Known Member
#2
I subscribe to First Charting MT4 data. Their Nifty futures data is same for current, far and next far month. I contacted their support and was told that since today is futures expiry, the data is same. Can anyone please explain this?
Simply not possible ! BTW, Expiry is tomorrow!
On expiry the only thing that can be almost 'same' is Nifty Spot and Current Future values !
 
#3
Firstly they are not authorized NSE data vendors, so you cannot be sure from where they are feeding the data, could be yahoo/google.

Their Futures contract don't match correctly with NSE data. you can check & compare with NSE.

They provide unreliable and inaccurate data.
 
#4
Thanks, rkkarnani and throwawayacc123.
They have replied that it will be corrected tomorrow!

@throwawayacc123. I am on MT4 for last 6 years trading forex. I'm trying Nifty in between Tokyo and London. Firstcharting's tick are same as Nest Trader. Anyone else giving out live NSE data for MT4?
 
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#5
@throwawayacc123. I am on MT4 for last 6 years trading forex. I'm trying Nifty in between Tokyo and London. Firstcharting's tick are same as Nest Trader. Anyone else giving out live NSE data for MT4?
Really , why don't you compare it with Global data feed or esignal or any authorized data providers and then tell me if prices and charts match. Then you will know if the tick/data is reliable or not.

I had asked this same question to Firstcharting and other MT4 data providers , till today they have no answer and i m still waiting for them to give a answer.
 
#6
Thanks, rkkarnani and throwawayacc123.
They have replied that it will be corrected tomorrow!

@throwawayacc123. I am on MT4 for last 6 years trading forex. I'm trying Nifty in between Tokyo and London. Firstcharting's tick are same as Nest Trader. Anyone else giving out live NSE data for MT4?
To point out just one of the inaccuracy..today 26th we have gap up on the open. your charts don't show the gap.

Take charts from any other reliable provider and you will see the gap.
 
#7
To point out just one of the inaccuracy..today 26th we have gap up on the open. your charts don't show the gap.

Take charts from any other reliable provider and you will see the gap.
I trade M5 and M1 after one or two swings of the day are formed. So daily gaps have no effect on my system. Global data feed and eSignal can't port to MT4.
But yes, FirstCharting are lying about Nifty, Niftyn and Niftn2 data being current, far and next far data.
 

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