Retail forex broker FXCM Group, LLC announced that has launched FXCM Market Data Signals, a trading support tool offering traders powerful insights to help them find potential trading opportunities using FXCM’s proprietary Speculative Sentiment Index (SSI) along with the Grid Sight Index (GSI).
FXCM Market Data Signals enable clients to stay up to speed on the latest price movements, sentiment fluctuations and the historical trends of multiple trading instruments. This enables clients to get a quick snapshot of the market through FXCM propriety indexes.
Traders can take full advantage of the service and identify the right time to trade by following real-time signals when significant trends and potential opportunities begin to emerge – assisting them to make quick, informed decisions about their positions.
The SSI is a proprietary tool, using past data to signal a change in market sentiment or direction before the change happens.
The GSI is a new technical indicator, bringing big-data analysis to the FXCM Trading Station Desktop. It locates critical market patterns and trends, and studies how the markets have historically responded to those patterns while summarizing its findings in real time on clients’ charts.
Adding FXCM Market Data Signals to the comprehensive suite of trading and research tools provides investors with unique value analytics and predictive financial modeling. Traders may gain unique market insights in order to make better and faster investment decisions.