Drawing Tools
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A broad range of intelligent drawing tools is available. These tools allow you to focus on trends, support and resistance, gaps, pivots, triangles, and other price patterns. Trend Lines, Andrews' Pitchfork, Fibonacci Arcs, Gann Fans, and other studies can be easily drawn with a mouse click. |
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Retracement Calculator
This tool computes the price retracement in percentages in order to anticipate future trading opportunities.
Ellipse
This is a non-analytical drawing tool for highlighting the necessary parts of a chart.
Rectangle
This is a non-analytical drawing tool for highlighting the necessary parts of a chart.
Extended Parallel Lines
This analytical drawing tool draws parallel trend lines that are extended to the left and right on the chart. They outline the equidistant channel in which the market trades. The upper horizontal line is the resistance line. The lower horizontal line is the support line. If either of these lines is penetrated, a price breakout may occur.
Ray Parallel Lines
This analytical drawing tool draws parallel trend lines that are extended to the right only. They outline the equidistant channel in which the market trades.
Parallel Lines
This is a pair of parallel lines that outline the equidistant channel in which the market trades.
Chart Analysis
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.Market Scanner
Real-Time Market Scanner is also known as a "screener", "radar screen", or “quote board” in other trading software. It’s an Excel-like sheet that is capable of showing thousands of streaming quotes and other important information. You can also add technical analysis indicators to quotes to get additional insight into the market.Strategy Backtesting
Strategy backtesting is an essential tool to see if your strategy works or not. Backtesting software simulates your strategy on historical data and provides a backtesting report, which allows you to conduct proper trading system analysis.
MultiCharts |
MCFX |
OwnData |
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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.
