The cutting edge Forex charting software by FX trading is based on displaying pure price movement instead of the standard time-frame based charting formula. This technology enables traders to track currency pairs in specific price ranges which in turn creates a consistent chart view.
This feature not only reduces the lag from all indicators, but also improves the overall performance of tools and technical studies. The essentially more precise charting strategy integrated into TradingFX charts eliminates distractions and provides more accurate indications for both entering and exiting trades. By designing several specific and easy to follow trading strategies, FX Trading takes trade management strategies to a completely different level.
Some of the features offered by FX Trading at http://forextradesystem.info include the following:
* Forex Range Bar Charts
* Point & Figure Charts
* Renko and Kagi Charts
* Standard Time Based Charts
* Currency Strength Index
* Modified US Dollar Index
* TFXD Oscillator
* 24/5 Online Trade Room
* Advanced Strategy Lessons
* Trader Training Classes
* Active Trade Calls during moderated Live Trade Sessions
* Interbank Trade Execution System
The trademark advanced Currency Strength Index or CCYX disassembles every pair and isolates the individual currencies. This simple process makes it easy to see the strength or weakness of each currency in relation to others.
By allowing traders to track the pairs with the greatest potential and momentum, they can readily place trades where both currencies are moving in the desired direction of their trade. In short, the FX Trading CCYX tool is ultimately a decision making tool which when used correctly can confirm chart trends and patterns which will lead to better trading opportunities. This tool can provide a coveted edge over both the market and other traders.