What determines the agree price target in the chart for each instrument
What determines the agree price target in the chart for each instrument
09 Dec 2019, 14:39
Sorry I did not now how to reply to your last post.
What I meant was the green line which shows the possible price target in each chart.
For example in EURUSD the price target is currently set at 1.10900
Replies
ctid1253733
09 Dec 2019, 14:46
Trading Central
You indicated that the green target line comes form trading central.
How does Trading central determine the Target price? Is it a accumulation of open positions and TP set by traders?
@ctid1253733
PanagiotisCharalampous
09 Dec 2019, 15:01
Hi ctid1253733,
We do not know how do they do it. You might want to contact them directly for more information but I do not think they will reveal their method to anybody.
Best Regards,
Panagiotis
@PanagiotisCharalampous
ctid1253733
09 Dec 2019, 15:39
Thank you Panagiotis for your answers.
It was also unknown to me how this price target is set or how it is calculated. I thought Tade central was part of Spotware.
Where could I contact them? I found tradingcentral.com
@ctid1253733
PanagiotisCharalampous
09 Dec 2019, 15:55
Hi ctid1253733,
That is their website. You can try contacting them.
Best Regards,
Panagiotis
@PanagiotisCharalampous
ctid1253733
09 Dec 2019, 17:00
Thanks. I will contcat them and let you know if thiy provide an answer on how that is calculated or arrived at?
@ctid1253733
PanagiotisCharalampous
09 Dec 2019, 14:41 ( Updated at: 21 Dec 2023, 09:21 )
Hi ctid1253733,
If you mean the Target on the chart then this is a signal coming from Trading Central.
To reply to threads, just press the Reply button on the top right of the thread.
Best Regards,
Panagiotis
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