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  • Plus500 adds more than 90 new indicators to its trading app

    From leaprate.com

    Global Forex and CFDs broker Plus500 Ltd (LON:PLUS) announced yesterday that it has added an extensive set of technical analysis tools to its trading app. The new analysis package includes more than 90 new indicators in its trading app. The new features include: More than 90 new indicators, including trading volume indicators to assist high quality technical analysis. Five new chart styles: Hollow Candle, Bar, Colored Bar, Baseline and Mountain graphics. Five new chart types: Heikin-Ashi, Kagi, Line Break, Renko, Range Bars and Point & Figure High-end analytical drawing tools: Channel, Line, Doodle, Ellipse, ... (full story)

+90 indicators that will tell you what happened ))
Hahaha! Asking traders to be putting water inside basket
90 indicators that won't tell you anything. What about an indicator that shows you where most traders have their stops and profit target? Add an indicator that shows how their clients are positioned short or long. What about an indicator that shows how many shorts or longs at a current level. You won't see these as they would actually give you a serious advantage. Complete and utterly useless.
Quoting Hurst
90 indicators that won't tell you anything. What about an indicator that shows you where most traders have their stops and profit target? Add an indicator that shows how their clients are positioned short or long. What about an indicator that shows how many shorts or longs at a current level. You won't see these as they would actually give you a serious advantage. Complete and utterly useless.
There is an indicator quite similar to that. You just won't find it in forex platforms.
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  • Posted: Oct 3, 2019 7:16am
  • Submitted by:
     Newsstand
    Category: Forex Industry News
    Comments: 5  /  Views: 6,883