Technical analysis tools added in the FirewoodFX MT 4 Web platform
Posted at 21 December 2015 / Categories FirewoodFX Company News
Dear Trader,
FirewoodFX Web Trading platform has been launched recently. For the time being, some indicators added in test mode:
*Envelopes oscillator using two Moving Averages to form an envelope on a chart
*Popular Bollinger Bands trend following indicator consisting of three Moving Averages and assessing the market volatility
*Momentum indicator showing price change rate
*Moving Average Convergence/Divergence (MACD)
Trader can configure the indicators by setting the necessary analytical parameters, including calculation period and shift relative to a price chart. Visual settings such as line color, width, and type, are to be added soon. The remaining indicators will appear in the Web platform after thorough testing. The future Web platform versions will also feature the ability to apply indicators to each other.