Set up your Forex trading
MultiCharts provides speed and efficient Forex trading with a dedicated tool called Forex Board which is available to every customer. It lets you handle manual Forex trading just like many other Forex-specific apps. You can even set up currency pairs from different data vendors and brokers!
Forex Board - LMAX
Forex Board allows you to place an order just with one click simply clicking Buy or Sell. If you want to get a detailed setup of an order then please use Require Order Confirmation for Manual Trading Options in MultiCharts Preferences. With this option enabled, you will get an opportunity to select order type, quantity and Time in Force fields.
You can change Forex Board components according to your needs. It’s possible to customize the tile size, swap “Buy” and “Sell” buttons, set spread as unit of 1 or 10 pips, for example. Also, you can make the look of the window more convenient by switching between show/hide options of Day High/Low, spread, quantity, Last Quote Time.
Forex Board allows you to trade through any of supported brokers and based on any supported FX data feed. Symbol mapping lets you translate between the quote provider and the broker by filling out necessary details, and making the symbol understandable to the broker.
Price Movement Indicator
You can recognize the most volatile pairs by light movement indicator and the last quote time. When the bid or ask is changed the button color turns from faded to rich color. Also, arrows on each Sell and Buy button will help you to identify the latest price action.
Forex Board is possible to use as a service window that can be attached to any side of the main MultiCharts window. A convenient solution of this window will be Watch List. It saves space on your desktop and is always available when you’re switching between workspaces. Watch List also has price movement indicator and the arrows showing the latest price movement. Easily arrange currency pairs by dragging them up and down within the list. If you have made up your mind to place an order – simply click on the instrument line and you will get a trade window dialogue.
Forex Board - LMAX
Switch between accounts, brokers and data feeds just with a couple of clicks. Forex Board menu has all the settings gathered in one place for your convenience. You can even create a chart for a particular currency pair in order to handle technical analysis of the data or probably start automated trading.