Wrong EMA calculation

Hi,

I am trying to calculate 50 EMA using TA-lib and upstox API, but it’s giving wrong calculations for Bank Nifty Feb month Futures chart. AT 26-2-2024 12:58 it’s calculating EMA50 as 46653 but in chart it was 46670
Any help?
using api: url = ‘https://api.upstox.com/v2/historical-candle/intraday/NSE_FO|71440/1minute

1 Like

@shanmu Pls check my query and reply.

I’m uncertain if charts utilize the same process as the TA library. Have you experimented with any other libraries to see if the outcomes are identical?

We may not be able to offer direct assistance for issues related to third-party libs. Upstox API support is more for problems encountered within the Upstox API platform. Should you encounter any discrepancies in the data provided, please bring them to our attention, and we will provide assistance.

Thanks for reply.
I have used pandas_ta library too, it’s calculating same value.
Now i am using index ‘https://api.upstox.com/v2/historical-candle/intraday/NSE_INDEX|Nifty Bank/1minute’ which returns EMA50 bit closer to value as drawn in chart, but not exact (8-10 additional points) E.g 28 Feb EMA 50 at 3:30pm was 46002 but both libraries returning 46011. can you share how do you calculate EMA/SMA.

The EMA/SMA values are not calculated explicitly; instead, they are determined by the trading chart libraries, such as TradingView or ChartIQ. The data is supplied to the chart through the same HTTP API. However, for intraday data, the current and one previous candle are directly referenced from the websocket, as it provides access to the most recent and the preceding candle.

I’m uncertain if these two candles making a difference in calculation, considering the HTTP API caches data for improved performance, which might introduce a millisecond delay. You might want to consider fetching the last two 1-minute candles directly from the websocket to see if it makes a difference.

this api always returns same error even if i encode url.
https://api.upstox.com/v2/market-quote/ltp api also @Pradeep_Jaiswar

The current URL for your request is included below. Please ensure that the instrument_key is incorporated into the URL:

https://api.upstox.com/v2/market-quote/quotes?instrument_key=NSE_FO%7C52237

You can find examples at the following link: Full Market Quotes | Upstox Developer API

@Pradeep_Jaiswar Can’t find this week’s expiry date and instrument key for BankNifty in NSE excel data. Please guide. After 3rd April 2024 , it’s 25 April 2024 expiry date.

Upstox provides instrument keys in two formats (CSV and json). Please refer the following link Instruments | Upstox Developer API

Attached is a screenshot showing the BankNifty instrument key with an expiry date of April 10th, 2024, for your convenience.

i was using NSe.csv , Got it in complete.csv file. Thanks.