OANDA Japan clients now will get information about the world's largest producer of precious metals on OANDA Lab service.
Japan's online broker OANDA continues to update its OANDA Lab facility, this time adding information about the world's largest producer of precious metals. This information is in the form of a ranking featuring the top 10 producers, such as Gold, Silver, Copper, Platinum and Palladium. The idea behind providing such data is so that traders can make better investment decisions.
All clients can check data about Gold, however, only OANDA gold membership holders are able to use data on other precious metals.
OANDA Lab Other Features
OANDA has been regularly extending the features within the OANDA Lab. Recently, the Forex and CFD broker introduced a new indicator called "OANDA_Support_Resistance" to depict support and resistance levels on charts for both MT4 and MT5 traders. Specifically, levels are calculated using fractals on three-time axes: long-term, medium-term, and short-term. Support and resistance levels are shown as points.
In addition, another new feature that you can take advantage of is the ranking of trading instruments (Forex, CFDs, stock indices, commodities, and bonds) according to their price changes (up or down). This ranking lists the top 10 movers for the last day. Traders with live accounts are free to use additional tools to adjust rankings.