Instaforex again makes a breakthrough regarding the quality of its platform. In early January 2015, the forex broker, who is quite popular in Indonesia, launched an indicator called Pattern Graphix. This technical forex indicator is useful for assisting client trading analysis by displaying various graphic or chart patterns.
Analyzing price movements by observing chart patterns has been one of the favorite alternatives for forex traders for a long time. Therefore, by using this Pattern Graphix, users can detect changes in price direction on the forex market so that they are assisted in making important decisions, such as when to open an order or close a position.
This Instaforex Graphix pattern exists as a plug-in indicator for the Metatrader4 platform. Users will receive a notification in the form of a notification sound on the platform directly or via email as soon as this indicator detects a unique pattern on the chart. Users can also set their own time frames, instruments, and trades and analyze price movement patterns. To try using the Pattern Graphix indicator, you can register a demo account with InstaForex broker to download the trading platform and apply this new indicator.
This indicator can be downloaded free of charge by InstaForex clients. Prior to this, InstaForex also offered the same service by cooperating with Autochartist.