Thank you for this complete analysis of Chartmill. I have never used them and hence could not make a constructive comment.

Two years ago, I tested their RT EV calculation, but they produced results that were very different from mine.
This is due to the fact that they probably analyse only the data that is supplied from Euronext - their data partner.
It is probable that Euronext did not provide RT data from all other exchanges.

Since funds place orders on multiple exchanges, it is very important for a RT analysis to collect "time-stamped" volume data from all exchanges, which our exchange independent data provider is doing.

We will have a RT EV service starting in February.


Pascal