The UWC trading platform offers a wide range of
possibilities for graphical analysis of current financial market
situations, so traders will not need to use additional analytical
programs.
The dynamics of any financial instrument included in the company
quoting list can be shown graphically as a linear chart, as stock bars or
candlesticks. On the three graphs below, one can see the same
financial instrument (GBPUSD currency pair) shown in three variants:
 |
 |
 |
| Bars |
Linear
chart |
Candle
sticks |
Data on graphs is updated every second or as soon as new
prices for the financial instruments are received.
When analyzing the graphs, traders can draw conclusions regarding
the prospect of financial instruments, which will in turn help them
make profitable deals.
On analyzing the graphs above, for instance, one can clearly see the decreasing trend for the currency pair GBPUSD and make a
decision to sell GBP against USD. The trading platform allows
checking graphs within a wide time range: starting from minute graphs that show the details of even minimal price changes to
monthly graphs that show long-term dynamics and facilitate forecasting
long-term progress.
By using the special features of the trading platform, the trader
is given the possibility to draw vertical, horizontal and inclined
(trend) lines on the graphs, as well as different labels and graph
signs, which will help him understand the situation more clearly.
On the image below one can see a monthly graph of the USDJPY currency
pair, which evidently shows that as soon as the descending trend between July 2007 - March 2008 ended, correction took place and
lead to a new high (on the 110.65 mark ) in August 2008. The USD price,
shown in Japanese yen, sunk to the extreme low trend channel after
reaching the mark mentioned above:
The trading terminal also allows the use of various indicators
which help to assess the dynamics of one or
the other trading instrument more precisely. In its basic package, UWCTrading
platform has 30 implemented indicators such as Moving Average, MACD,
Ichimoku Kinko Hyo, Parabolic SAR, Fractals, etc. The image below shows some examples of these indicators:
Traders have the option to choose indicators written in MQL
programming language, written by themselves or by other developers.
MQL programming language is easy even for inexperienced
programmers, but it also allows you to create indicators
that already have the unique logic of market analyses.
To add an indicator, which you created, to the list of indicators on
the trading terminal, just copy it to the folder:
C:\Program Files\UWCTrader 4\experts\indicators
(the path may vary depending on where you install the terminal)
Experienced traders and programmers working with our company can
assist you with translating your ideas into indicators.