Coming into the new year, Instaforex does not waste a single minute to enhance their collection of offering for clients. On the last day of 2014, the Russian-based forex broker introduced a new pattern recognition indicator called Pattern Graphix
Coming into the new year, Instaforex does not waste a single minute to enhance their collection of offering for clients. On the last day of 2014, the Russian-based forex broker introduced a new pattern recognition indicator called Pattern Graphix
Chart pattern is one of the most reliable tools to detect changes of price direction in forex trading. However, to observe a developing patterns to the end will need time and effort that traders might not own. Therefore, many services are now offering to automatically detect chart patterns for traders and alert them when some pattern happen to form on the chart; Pattern Graphix is one of such kind.
Pattern Graphix is a plug-in for MetaTrader4 platform that enable traders to keep informed with patterns development on the chart. In addition, traders will also be able to adjust subscription based on trading instruments, timeframes, and type of technical analysis pattern. In the event of a certain pattern happen to form or change, trader will immediately receive visual and sound notification either in the platform, via email, or via Android/Apple. The plug-in is available to be downloaded for free by Instaforex clients.
Previously, Instaforex have also introduced similar free service by cooperating with Autochartist. Adding automated indicators that work as alerts at the same time seemed to be on the rise among forex trading service providers lately, with Autochartist leading the way. Latest news reported that the company have also partnered with leading binary options platform Tradologic to provide Tradologic white labels' clients with in-depth forecasts and enhanced trading experience. For more information on trading service from InstaForex, visit the official website.