LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
Automated analytical tool provider myfxbook has added a further innovation to its service, in the form of a pattern recognition tool for FX traders as the current trend for innovation among social trading providers gains ground.
The services is, according to myfxbook, intended to cater toward ensuring that the procedure associated with searching for a particular pattern in a chart is simplified, with the new section allowing traders to view in real time, 60 different trading patterns for over 60 different symbols in 9 different time-frames in a single glance. The tool’s systems will constantly scan the prices for patterns in real-time and will alert the trader of any such pattern forming.
Not only the pattern is identified, but it is immediately seen if it is a bullish pattern or a bearish one. myfxbook considers this to contribute toward convenience, with each pattern having a complete definition.
Latest research from Andrew Saks-McLeod (see all)
- FINRA Fines Goldman Sachs Execution & Clearing, L.P. $1.8 Million for OATS and trade reporting failures - July 27, 2015
- Full details of Malta’s new binary options regulation - July 27, 2015
- CMC Markets takes to the high seas at the Americas Cup – Live coverage from Portsmouth, UK - July 27, 2015
- One Financial Markets expands UAE operations with senior appointments and new offices - July 27, 2015