Wednesday January 17, 2018 - 13:49:54 GMT
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Best FX tools and apps to try in 2018
In any industry, tools are used by people to increase productivity and improve their performance. Indeed, tools and apps are indispensable in trading today. Every other week, new tools and apps are introduced. Some are good enough and they are adopted by a large population of traders while others fail to leave a mark on the market. The vast majority of top forex brokers in 2018 and from other EU countries will be looking for new tools and apps which will not only make trading easier but hopefully more profitable.
This tool is designed to be used by traders who wish to keep up with the fundamental updates of the FX market. The tool which is free can also be used by other type of online traders. Forex Calendar releases economic news which is listed along with their previous and expected values. The tool which is quite prompt in updating values as soon as news comes in will be a big hit in 2018.
If you are a trader with a good command of MS Excel, then this tool is for you. This tool will help you crunch the numbers fast and easily. Since Forex trading involves numbers, this tool will help you connect with your trading platform and trade with ease. You will be able to get prices directly on your Excel spreadsheet. You will further be able to use algorithms to build charts, analyze data and implement formulas.
Mini Terminal is very similar to Trading Terminal. This currency trading tool enhances the default 1-click-trading manager which comes with MetaTrader 4. This tool allows a trader to sell and purchase currencies with just one click. It further allows the trader to preset take-profits and stop-losses. It is specifically ideal for day traders especially scalpers.
This is an app ideal for any trader who wants to keep tabs on the performance of multiple assets at the same time. It is, therefore, an ideal app for use by day traders especially scalpers. By using this app you will be able to trade several currencies from the same window. Your stop-loss and take profit strategies will become extremely easy. Trailing stop placements will also become easy and convenient with this app. For a newbie, this is an app which can help one master online trading and fast.
Indibar for Mobile
This is an app specifically designed to serve FX traders who use mobile phones. Today, almost every other forex trader will keep tabs using their tablet or Smartphone. This app is free-to-try and its price is $8.9. Traders are offered customized menu and simple to understand indicators with which to follow the market with.
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