Starting April 20, clients are able to access a new section called “Interactive Charts” on the websites of the TeleTrade Group of Companies. This is a new qualitative tool for detailed market analysis. For clients’ convenience, the company’s developers put charts into the following categories: Currency Pairs, Indices, Stocks and Commodities.
First of all, there are new styles available to display bars, for example, Heiken Ashi, Renko, Line Break, Kagi and Point & Figure. Also, new indicators have been introduced for technical and financial analysis. Their number has now approached nearly 300.
Another interesting feature of this tool is an option to choose various patterns, for example, Elliot waves, Gartley patterns and others. There is also an option available to display the risk/reward ratio for long and short positions on the chart, which will enable traders to better analyze risks.
Apart from the section “Quotes”, there is an even more qualitative tool available now on the company's website, whose features surpass the ones available in the MetaTrader platform.
The company’s clients are now able to enjoy all options of interactive charts on the TeleTrade website.