Day Trading & Forex Forum

PBaekdal

Hi

I'm interested to know who people aroud here use for accurate, timely, reliable EOD LSE data they can depend on for scans/explorations based on mechanical trading system to generate trading signals for next day orders.

Accuracy: I understand that the closing price means different things depending on the trading platform that the stock is traded on. My systems assume closing price is the last traded price not the volume weighted average price (VWAP) of the day or some other such derived rather than actual closing trade price.

Timely: The sooner I can get my hands on data the sooner I can scan the market, generate signals and enter my next day trades.

Reliable: I really want a provider that regenerates historical data based on corporate actions (mergers, splits, de-mergers, symbol changes, etc) ASAP preferably same day.



Can people let me know if they have found a provider that actually fits this criteria. Have found a lot of pretenders out there that just resell data without maintaining it (free providers and others do this). I need accuracy.

I'm really interested to hear from experienced traders who understand what I mean rather than just replies about using free data.

In exchange if you are interested I can provide info about successfully trading ASX CFDs with very accurate,timely and reliable data.

Thanks in advance,
Pete.

dcraig1

Can't help on LSE, but I have a question. Where do you get your ASX data ?

PBaekdal

DataHQ. I'm not employed by them or affiliated with them in any way.

I can not fault them and would recommend them to anyone. Look them up for more info.

dcraig1

No go. I don't want any database maintenace software etc etc. I just want some sort of open protocol such as ftp, http or even a proprietary properly specified protocol so that I can maintain my own database (which uses MySQL and is probably faster, is client server, and almost certainly more robust than any of these type of offerings).

Chorlton

Hi DCraig,

I use JustData for ASX and LSE.

__________________
A Fine is a Tax for doing something wrong. A Tax is a Fine for doing something right !!

Return of Capital should always be more important than Return on Capital

dcraig1

Been there. Done that. To be perfectly honest, I would be happy with Yahoo EOD data if it wasn't a day late.

Chorlton

I get the feeling by the tone of your post that you weren't happy with Justdata. If so, can I ask why? Just interested....

Also, isn't the problem with "free" data (such as that available from Yahoo), that it is not "adjusted" for splits, etc. In addition, from my own experiences I have found it to contain a number of inaccuracies especially with the LSE.

__________________
A Fine is a Tax for doing something wrong. A Tax is a Fine for doing something right !!

Return of Capital should always be more important than Return on Capital

MrGecko

I Don't trade LSE or use EOD data, but I believe - Updata Investment Software can provide a service which suits your requirements for about 50GBP per month. For mechanical systems, their Highlighter and MarketHawk services are excellent and might be just what your after (both are included in the 50GBP quote).