Spotware Systems, a financial technology provider focusing on e-FX STP and direct-access trading, offering comprehensive solutions for brokers, banks, and their clients have announced a small new feature regarding its cTrader platform for Forex and CFDs.
This is an update technical-intraday and scalpers will appreciate, coming soon, traders will have a larger selection of predefined ticks for building a tick chart.
The tick data and corresponding visualization on the charts show the micro-level price movements on trading pairs, so traders can really “zoom-in” on the price action.
The new updates will be as follows:
A trader will be able to set tick charts from a scale of 1 tick up to 1000 ticks.
At the same time, loading time on the charts will be improved drastically. This is important as viewing the price action with fewer delays helps to more accurately follow the market.
See below an early version of the new tick chart feature: