Table of Contents

1.Introduction

2. Indian Stock Market

3.Types of Real Time Charts

4.Real Time Chart

5.How is Real Time Charts provided ?

6.Sources of Real time charts

7.Why is Real Time chart reliable?

8.Real Time charts on Amibroker

9. Real Time charts on Metastock

10. Conclusion

1. Introduction

Real time chart is plotted on various platform like: AmiBroker, MetaStock etc. Real-time chart, often referred to as RTD, is data that updates on its own schedule without any delay (for example, stock quotes, manufacturing statistics, Web server loads, and warehouse activity). It is the most popular equity data used in India and in other countries as well for knowing the live updation of market value.

                                    2.Indian Stock Market

The Indian Stock Market chart of a stock exchange providing a modern, fully automated screen-based trading system, with over two lakh trading terminals, through which investors in every nook and corner of India can trade. Trading Platform has played a critical role in reforming the Indian securities market and in bringing unparalleled transparency, efficiency and market integrity.Though a number of other exchanges exist, is the two most significant stock exchanges in India, and is responsible for the vast majority of share transactions. The S&P CNX Nifty, is used extensively by investors in India and around the world to take exposure to the Indian equities market.

3.Types of Real Time Charts

Basically Charts are classified into two types:

(A). Real Time charts: It is the chart provided by exchange immediately after collection. There is no delay in the time line of chart exchange. It is the most reliable and live data provided by exchange. It has low latency with ultra fast delivery.

(B). End of Day Data:   It is the entire recorded data of the whole day. It is updated once in a day. It is the overall trade made in a particular day.

4. Real Time Charts

Real time Data feed 

Real time data is provided in three levels (level 1, level 2,level 3 and tick by tick). Level 2 provides market depth data upto 5 best bid and ask prices and Level 3 provides market depth data upto 20 best bid and ask prices .The real time data feed is provided in TCP-IP format. It is provided on-line through a dedicated 2-10 mbps channelized E1 private leased line circuits. This line shall be owned by the customer and the line should be from stock market, to the premises of the customer. Alternatively, the customer can take the data from any one of the authorised data vendors. 

5.How is Real Time Charts provided?

Data Transfer

The real time chart services of Stock Market is provided through Exchanges which is a separate professional set-up dedicated solely for this purpose. Exchange provides market quotes and data for Capital Market Segment (CM), Futures and Options Segment (F &O), Wholesale Debt Market Segment (WDM), Securities Lending & Borrowing Market (SLBM), Currency Derivative Market Segment (CDS) and Corporate Data. Data is sent to the Data providers via networks, which is further reaches the end users.

6. Sources of Real Time Charts

There are many sources of is a real-time data feed service for the stock & commodity market giving real-time trading and statistical information comprised of trades, quotes, market depth, strategies and other statistics.The TRADEWINX real time charts provides access to Indian Market. With direct data feed, you can choose to receive the data you need to do daily trading requirements. The data feed covers mostly all scripts traded on daily basis which depends on currency, index and equity derivatives.

7.Why is Real Time Data reliable?

Real Time Data is Relaible

• Data is realtime with zero delay in time line of data exchange.
• Low latency with ultrafast delivery.
• As data reaches directly to the users, hence no error occurs in the data record. 
• Real time data feeds provide tick by tick 'real time' data. 
• Real time data is licensed on a per-exchange basis.
• Real-time data from refers to programmatic real-time auctions that sell digital-ad impressions.

8. Real time Charts on Amibroker

Real time charts on Amibroker from stockbuysellsignal.com

Amibroker is a technical analysis tool to manage our stock portfolio. It gives you real time quotes taking the information from online services as TradeWinx, eSignal, IQFeed, Interactive Brokers, QCharts, CQG, among other sources. Almost No Configuration is required for connecting it to AmiBroker. The software is based on .NET technology and it is highly efficient as this software is highly multi threaded. Charts can easily be implemented using this Amibroker. 

9. Real Time Charts on Metastock

Real Time charts on Metastock 

Metastock is a technical analysis tool to manage our stock portfolio. It is used for charting and technical analysis of stock (and other asset) prices. It has both real-time and end-of-day versions. MetaStock is a product of Innovative Market Analysis.The MetaStock software package includes charting functionality in various styles, 250 prebuilt technical indicators, scanning, filtering backtesting, line study drawing, forecasting, automated analysis, and custom indicator creation. 

10.Conclusion

All goes well when ends well. Investing and trading in the stock market is no different from any other worthwhile endeavor. Doing it well requires an understanding and an application of techniques and a lot of practice trading stocks. A lot of Realtime charts providers are available in the market but few of them maintains its quality and provide correct live updation of data. It becomes a risk for the investors if they don't get correct live data updation. Very few companies live TradeWinx are there that provide Real time charts that have been maintaining its quality since a long and are reliable in the market.