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Screenshot of a breaking news alert e-mail from Q2 2017
North American retail FX giant FXCM has expanded the range of tools available to its clients on FXCM Apps store thanks to a solution provided by investment research expert Trading Central. Clients of the broker, especially technical analysis fans, using the popular MetaTrader 4 (MT4) platform are now able to tap the capabilities of the Trading Central Indicator.
The indicator works as a plug-in for the platform, with Trading Central’s technical analysis strategies, forecast, commentary and key levels (support / resistance / targets / stop pivots) superimposed onto MT4 Live Charts of most tradable instruments. As a result, traders can fill in orders and program trades based on Trading Central levels.
The indicator shows the latest Trading Central analysis on an intraday, short-term or mid-term basis.
Intraday analysis is displayed for M1, M5, M15, M30, H1 or H4 time frames.
Short-term analysis corresponds to D1 period.
Medium term is for one-week (W) and one-month (MN) time frames.
The aim is to equip traders with detailed information and market insights, thus enabling them to make optimal choices regarding their trading.
The Trading Central Indicator, which can be used only on FXCM’s MT4, can be downloaded here. It is free of charge for clients of the broker, with a further perk for them being that they can request customization of any app available on FXCM Apps.
The broker also reminds developers that they are welcome to code and submit their apps to the store, as FXCM offers programmers to market their solutions to its global clientele and get paid for their creations.
The launch of the Trading Central Indicator reiterates the commitment by FXCM to boost the analytical offering for its clients. In the summer of 2014, the broker introduced a real-time real-volume indicator exclusively on its flagship Trading Station platform. Back then, FXCM’s CEO Drew Niv said that “This is the first in a series of new advanced trading analytics that FXCM will be releasing”.