Historical Data for Commodities on FYERS: A Comprehensive Guide

Historical Data for Commodities on FYERS: A Comprehensive Guide

Last Updated: October 2023

About FYERS:

Fyers, a prominent player in the online trading space, offers comprehensive tools and resources to traders. One of the key features is the ability to access historical data for commodities. This guide will delve into the specifics of the historical data provided by FYERS for different commodities.

Overview of Historical Data on FYERS

As of the latest updates in October 2023, FYERS provides extensive historical data for various commodities, including prices, volumes, and other market metrics. The exact duration of the historical data can vary depending on the specific commodity, but the platform generally offers data that spans several years.

For the most accurate and up-to-date information, we recommend visiting the official FYERS website or contacting their customer support directly. They can provide detailed information on the specific commodities of interest and the exact historical data available.

Accessing Historical Data on FYERS

Here’s how you can access and utilize historical data for commodities on FYERS:

Navigating to Historical Data: Once you log in to your FYERS account, navigate to the relevant commodity on the dashboard. Typically, you can find the historical data feature through the 'Charts' or 'Data' tab. Selecting the Commodity: Choose the specific commodity you are interested in from the dropdown menu or symbol list. Adjusting the Timeframe: Depending on your preference, you can adjust the time frame for the historical data. FYERS typically allows you to view data in daily, weekly, and monthly increments. Viewing Continuous Futures: To access the continuous futures data for a longer timeline, click on the 'Show Continuous Futures' feature. This can be found under the 'Dashboard' or 'User Symbol' settings. As shown in the example below, this will ensure you have a seamless view of the data. Figure 1: Example of Aluminum Historical Data on FYERS

For instance, as seen in the example above, the historical data for Aluminum spans from January 1st, 2018, to the most recent data available. This continuous data feature ensures a comprehensive view of the commodity's price fluctuations over the years.

Benefits of Utilizing Historical Data on FYERS

Improved Decision-Making: Historical data helps traders make more informed decisions by analyzing past trends and patterns. Market Analysis: The continuous futures feature on FYERS allows traders to analyze long-term market trends and make strategic trading decisions. Risk Management: Understanding historical data can help traders manage risks and set appropriate stop-loss and take-profit levels. Trading Strategies: By studying historical data, traders can develop and test new trading strategies to improve their overall performance.

Conclusion

In conclusion, FYERS offers comprehensive historical data for commodities, including prices, volumes, and other market metrics. While the exact duration can vary, the platform typically provides data that spans several years. By leveraging the continuous futures feature, traders can gain a seamless view of the data for extended periods.

For the most accurate and up-to-date information, we recommend checking the official FYERS website or contacting their customer support directly. They can provide specific details about the commodities of interest and the exact historical data available.