Designed to help you simulate a more realistic trading scenario, the Enhanced System Tester allows you to change and edit variables such as entry, exit, expanded stops, order sizes, commissions and more. This forex trading system was back tested on wide range of currency pairs and on several time frames and it generated fantastic results. Advanced Courses , Indicators , Most Popular. The program is easy to use.
Before you make another options trade..
A lot of software applications are available from brokerage firms and independent vendors claiming varied functions to assist traders. Most brokerages offer trading software , armed with a variety of trade, research, stock screening and analysis functions, to individual clients when they open a brokerage account.
In fact, the bundled software applications — which also boast bells-and-whistles like in-built technical indicators , fundamental analysis numbers, integrated applications for trade automations, news, and alert features — often act as part of the firm's sales pitch in getting you to sign up.
Much of the software is complimentary; some of it may cost extra, as part of a premium package; a lot of it, invariably, claims that it contains "the best stock charts" or "the best free trading platform. There is no single best stock chart, or best stock screener software. There are too many markets, trading strategies and personal preferences for that. But we can examine some of the most widely-used trading software out there and compare their features.
Whether their utility justifies their price points is your call. If you are interested exclusively in U. It does not, however, offer automated trading tools, and asset classes are limited to stocks, funds, and ETFs. It has global coverage across multiple asset classes including stocks, funds, bonds, derivatives, and forex. Available technical indicators appear to be limited in number and come with backtesting and alert features. The FX Trader's Advantage Add-On includes custom indicators, explorations, system tests, and expert advisors that focus on trading currency pairs.
All of the tools are based on the same underlying algorithms, but each provides a unique way of analyzing the results.
FXTA is a "trend-based" system. The FOREX market is a heavily trending market and it is important for traders to recognize these trends as early as possible. The earlier a trend is identified, the more likely you will benefit from that knowledge.
The trend bias ribbon and trend slope highlights provide that early trend change indication. It does this without you having to manually open each timeframe. It displays the most widely used timeframes in an easy-to-understand expert commentary. This commentary not only displays the current trends in 20 different timeframes, but it also alerts you when trends across multiple timeframes are about to occur.
The Volatility indicator helps you identify when prices are experiencing larger than normal swings, and the Pivots indicator helps you easily recognize important pivot points. The other four indicators include a simplified version of the FXTA Indicator, Pivot indicators that are used to plot support and resistance levels, a Volatility indicator, trend bias and slope indicators, and a trend ticker.
Please review our add-on compatibility table to see which versions of MetaStock these add-ons work with. Note that certain add-ons require internet access during installation and validation of product ownership.
We invite you to try out any MetaStock product including Add-Ons for 30 days. If you are not convinced that it helps you make more accurate, educated trading decisions, just return it to us within the 30 days for a refund of the purchase price. This policy does not apply to subscriptions.
How does it work? FX Traders Advantage Annual. My Account Go to My Account.