What determines the agree price target in the chart for each instrument

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. 

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Panagiotis 

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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?

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.

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Panagiotis 

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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

PanagiotisCharalampous
09 Dec 2019, 15:55

Hi ctid1253733,

That is their website. You can try contacting them.

Best Regards,

Panagiotis 

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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?