Grand Exchange Market Watch/faq

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This page was created to try to help answer peoples questions about the Grand Exchange Market Watch

Contents 1 What is the Grand Exchange Market Watch? 2 Who created this project? 3 What is the common trade index? 3.1 How do I understand the Common Trade Index?

[edit] What is the Grand Exchange Market Watch?

The Grand Exchange Market Watch is a project set up to monitor and record the prices and other information on items on the Grand Exchange.

[edit] Who created this project?

This project was thought up and mainly coded by RobertHorning. However adding in the prices can be done by anyone, if you would like to help then you just need to: Click on GEMW edit for the item you want to change.(present only if exchange=gemw).

Move old price in Price to Last

Move old date in Date to LastDate

Add current price to Price (No commas)

Add 5 tildes ~~~~~ to Date to add current time/date

Save page

[edit] What is the common trade index?

The common trade index is a figure which is designed to help show the health of the runescape economy in general. The common trade index is worked out using a list of items which are traded very often. There are also other indexes, the rune log food and metal indexes, all of which show the health of that section of the runescape economy and work in the same way as the Common Trade index.

[edit] How do I understand the Common Trade Index?

The Common trade is displayed as 2 numbers. The first is the value of the index number. This shows the comparative prices of all the items on the list compared to their price on December 9th 2007 (when the index started) a value above 100 means that in general the prices have risen and consequently that the runescape economy is doing quite well, while a value below 100 means that overall prices have dropped. Next to that number is another number accompanied by an arrow, either red or green. This shows whether the index has gone up or down since it was last calculated, a negative number and a red arrow indicate that the index has dropped as prices have generally fallen, while a positive number shows that the prices have generally risen.