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Sunday, March 18, 2007

Features of a Good Forex Charting Software

As all you may know, the compatibility of forex software depends on the charting information it provides, the advancements in triggers and alerts tools and easy in delivering market news. This blog will concentrate on the charting capabilities of a good forex currency trading software.

A good forex charting software must have the following features.
  • Easy to read charts. The user must be able to customize the layout and color of the charts as his requirements.
  • The customizable ability must not be temporary. That is the user must get it on next time he runes it.
  • Speed in loading charts. Remember that demo forex softwares may be a bit slow.
  • The user must be able to mark and write on the charts. And they must be stay as long as he needed.
  • Have enough technical indicators to be plotted on charts.
  • Programming capability. The forex trader should be able to program the software as per his needs.
  • Historical and intraday charts. That is the software must provide access to a good data source.

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