These FX trading tools lets the user take their own algorithms and strategies and run them together. It allows for algorithmic strategy building along with no need for coding knowledge.
For anyone that wishes to formalise their style of trading using algorithms, FxPro Quant is the best choice.
• A simple to use drag and drop interface
• Ability to connect technical indicators and math functions
• Templates that are easy to customise
• The ability to implement strategies for platforms including cTrader and MT4
• Both videos and e-book for those just starting out
Want an FX trading tool that will be online 24/7? That’s just what FxPro VPS (Virtual Private Server) is capable of. It’s a remote computer made available to traders that are algorithmic. It gives the option of complete automation for trading, the terminal doesn’t even have to stay running. The main benefit of this Fx trading tool is no interruptions. Expect lowered latency and zero down time!
No reboots and protection of EAs are two benefits that have professionals using FxPro VPS more often than ever. Even set up will go on without a hitch using an easy step-by-step guide. Of course, having professionals set it up ensures that it’s done right, and that traders are trained accordingly.
The Economic Calendar
A simple to use economic calendar is a priceless FX trading tool. It allows the trader to plan his or her day by the minute. Take control of currently released and previous reports that have been released as well as volatility generated and consensus forecasts. Knowing upcoming events that will happen in just the next few hours as well as days, weeks and months gives one an edge on other traders.
Many are happy to know that there are automatic updates and live views of released event data. The ability to view previous events and analyse their effect on the market is invaluable and could easily make for better trades.
Ease of Use
No matter which economic calendar is chosen, one will see all the scheduled events broken down for the day at hand. By selecting an individual event, one will get even more information and data that can help make more than informed decisions on trading.
Expect to see how much time is left until the next event, as well as those that have already happened. Expected volatility is presented as well as prior percentages and an actual consensus. All of these benefits will help anyone make the most informed decisions possible.
The Forex calendar is customisable so only what one wants to be informed of is seen. This makes it easy for beginners, and less stressful for experienced traders. One can change the time zone, country, category and volatility level to get detailed results that cater to their needs.
Staying up-to-date on all the latest developments is easy with mobile apps for both Android and Apple devices. The calendar app can also be downloaded so that wherever one goes they have access to whatever information they need.
These are just a few of the FX trading tools available on the market. Aligning with experts in Forex is a smart way to ensure that one is getting the best setup for their personal trading needs and style. Forex can be a complicated platform for trade, but it can also be simple when the right tools and help are obtained.