Why is free FX charting so superior to everything else?
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It just boggles my mind and pisses me off to no end. Finding quality trading tools for a fair price should simply not be this difficult.
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I want to trade futures but the biggest headache has been finding a charting platform that is as beautiful and easy to use as Marketscope 2. I really want to emphasize how nice the charts scale when zooming in and out. Does anyone know if it is a derivative of another product? I would love to plug a data feed for futures into it. I basically want Marketscope, or something extremely similar as far as the "charting feel" goes , for futures.
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Many thanks in advance. Forex charts differ from vendor to vendor so they are not useful.
Can only win in forex with chartless methods like for example what is done in this blog for ETFs but adopted to forex for calculating probabilities of swing moves without even looking at charts but using only raw data. This makes Marketscope a great choice for both new and experienced traders. Arguably, Marketscope's most exciting feature is the ability to place and manage trades from the charts.
Traders can perform studies, locate trading opportunities and then place trades directly from the charts. Tracking and monitoring trades is easy to do and order management is a breeze, since order prices can be changed by simply clicking on an order and dragging it to a new location. Trading from charts truly simplifies the trading process. Marketscope offers a helping hand with price and indicator alerts.
Price alerts notify traders when a designated price level has been reached and indicator alerts notify traders when a particular technical indicator condition, like a MACD crossover, has been met.
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Alerts can be generated by audible sound, pop-up message or email message. Right out of the box, traders have access to 30 of the most popular technical indicators and many popular chart elements. But users can also download over custom indicators from the daily FX forums or they can create their own.
For these reasons and more, we believe that Marketscope is one of the most flexible free charting packages available.
Being equipped with an extensive feature list is something that Marketscope proudly boasts, but this alone is not what makes Marketscope so enjoyable to use. Marketscope has a clean intuitive interface that allows traders to learn to navigate it quickly.
And with features like custom skins and dockable windows, users can customise the look and feel of the charts to make Marketscope their own. A simplified trading process.