Trading Tools ThinkMarkets, Complement Your Trading Strategy

Atheana Xue 05 Dec 2016 77 views

The ThinkMarkets trading tool facilitates various analytical needs of traders, ranging from technical and fundamental analysis to those related to automated trading.

For those of you who want to trade with cutting-edge technology and analytical tools to complement your strategy, broker ThinkMarkets has a variety of facilities to meet those needs. Starting from VPS support to Autochartist signals, you will get leading services to perfect your trading.

 

Forex VPS, Crucial for Users of Trading Robots (EAs)

Automated trading strategies with EAs or trading robots certainly bring a lot of convenience. However, in order for it to function optimally, traders need to use a Forex VPS. Broker ThinkMarkets presents free VPS support for EA users who register for Pro and VIP accounts. Relying on technology support from TFXVPS, ThinkMarkets' forex VPS service has the following advantages:

  • Has low latency to support fast trade execution.
  • Faster and more accurate chart updates with price changes.
  • Active at all times.
  • Compatible with all types of EAs on the MT4 platform.
  • Can be connected from anywhere.
  • Can be installed and used directly on MT4.

There are no monthly subscription fees, because you can get forex VPS services for free, just by making a deposit according to the terms on Pro and VIP accounts. In both accounts, you will also get ideal trading conditions with a minimum trading size of 1 lot, leverage up to 1:400, and spreads as low as 0.0 pip for forex trading instruments.

 

Autochartist, Trader's Choice Chart Pattern Analysis

Need help analyzing price movements on charts? Autochartist is one of the favorite tools that provides many technical analysis benefits for you. Broker ThinkMarkets partners with Autochartist to present this analysis support. From this tool, you can get automatic trading opportunities measured by chart pattern analysis techniques, observation of key levels, and Fibonacci.

The effectiveness of the Autochartist tool in general is divided into these 6 superior features:

  • PowerStats: Monitoring price movements with a thorough inspection of volatility and risk levels.
  • Key levels: When the price approaches key levels, Autochartist will identify that moment as a "approach" stage or anticipation of a breakout, and send you an alert signal.
  • Probability level: Each chart pattern detected by the Autochartist system will be equipped with a probability level. This feature will certainly make it easier for you to filter trading opportunity signals better.
  • Probability level: Each chart pattern detected by the Autochartist system will be equipped with a probability level. This feature will certainly make it easier for you to filter trading opportunity signals better.
  • Custom search: The Autochartist platform model is already equipped with a sophisticated search engine that can filter search results according to your ideal preferences. So, information from the Autochartist tool will later be relevant to your trading strategy.
  • Time-saving trading: As a market scanner tool that can display scan results on almost all time frames on various types of trading instruments, Autochartist undoubtedly can shorten analysis time and increase your trading efficiency.
  • Custom alerts: With Autochartist, you don't need to worry about missing opportunities, because there is an alert feature that is provided complete with analysis highlights and potential signals. You can also set these alerts yourself, whether you want them displayed in audio or visual format.

Like the forex VPS tool, Autochartist is available to traders on Pro and VIP accounts. Access to Autochartist can be obtained after you open a ThinkMarkets account and meet the deposit requirements according to the conditions in the Pro or VIP account. Not only accessed on its special platform, this Autochartist service can also be obtained in the form of a plugin that can be installed directly on your MT4 platform.

 

Economic Calendar, Release Schedule of News for Fundamental Analysis

Forex trading cannot be separated from monitoring important fundamental news in the financial markets. Broker ThinkMarkets does not forget to meet these needs and also presents a forex calendar that displays a list of important news, complete with previous, consensus, and actual data. You can also sort the news display for a specific time period with the filter function available in the top left corner of the page.

 

Reuters News, Up-to-date and Most Complete Forex News Coverage

As one of the prestigious global financial media, the quality of Reuters in reporting the latest forex news is undoubtedly excellent. ThinkMarkets allows its traders to always stay connected with Reuters news updates, which constantly presents the following 5 reports:

  • Economic commentary: Updates on information about Central Bank programs and announcements.
  • Technical level reports: Complete technical analysis reviewing price movements from observations at important levels.
  • Currency & commodities: Real-time news in the forex and commodity markets.
  • Energy & metals: News reporting the latest changes and price analysis in the metals and energy markets.
  • Event-driven flashes: Important news reports to keep you up-to-date with market-driving events.

 

Complete Benefits of ThinkMarkets Trading Tools

In addition to the four main tools above, ThinkMarkets broker facilities also cover Fix 4.4 API connectivity and the exclusive ThinkTrader trading platform, which was created specifically to meet the needs of ThinkMarkets traders. In addition, there is also an Account Manager service on Pro and VIP accounts, as well as Daily Insight updates containing daily market analysis from ThinkMarkets' senior analysts.

With so many extra features, it is reasonable if broker ThinkMarkets is called one of the leading brokers in terms of providing the best trading facilities. Starting from technical analysis, fundamental analysis, to automatic trading support via free VPS, ThinkMarkets presents ideal trading tools to perfect your strategy needs.

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