FOREX Charts
Charting is one of the most important aspects of trading software. You need to see precise price movements to determine your next move. Charting software needs to be flexible, so that you can adjust any part of it to your particular needs. Charts also need to be reliable, so that you don’t experience any hold-ups or crashes while analyzing important information. We have thought about all of this while building MCFX.
Complete and informative chartingTo make the right choice it is equally important to see the small details and the big picture. In MCFX, you can easily perform multi time frame analysis without cumbersome extras, such as custom DLLs and global variables. |
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Working with several data series is one of the main features in MCFX. There is no need for cumbersome workarounds—you can simply add several price series into one chart window. The trading platform allows you to mix any resolutions, and it automatically aligns them on the time scale. For example, you can view hourly resolutions with daily resolutions, one-second symbols with 10-tick symbols, or range bars with volume bars. |
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This feature allows you to create indicators or strategies that use several data series for its calculations. For example, you could use Bollinger Bands on a one-minute chart, but it will be calculated based on daily data. You only need a few clicks to accomplish this. The program does all of the calculations behind the scenes. It even chooses the correct visualization, such as overlaying data series. |
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You can create up to 50 subcharts per chart, which allows for complete analysis of the big picture. In addition, you can use bid, ask, and trade data, and you can receive data from different providers all in the same chart. |
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Interactivity with everything you seeInnovative object-oriented user interface sets MCFX apart from conventional charting software. You get an intuitive, easy-to-use application, which dramatically reduces your learning curve. |
Customization and flexibility that meets your needsYou can customize the look of MCFX from the overall appearance to the tiny details. You have full control to focus on the important data without overcrowding it with excess information. |
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More resolutions mean more possibilitiesStandard chart resolutions include both time-based and count-based options. Time-based choices include anything from seconds to years. Count-based resolutions are presented by ticks, number of trades, number of contracts traded, price range, and number of changes options. |
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Risk Warning:
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.
