New Feature Alert: Advanced Charting Tools & Indicators
At Quotex, we are committed to providing our traders with a cutting-edge platform that evolves with their needs. Today, we are thrilled to announce a major update that brings over 15 new technical indicators and a suite of advanced drawing tools directly to your charts. This update is designed to give you a deeper analytical edge and help you make more informed trading decisions.
Let's take a look at some of the powerful new tools at your disposal.
Level Up Your Analysis with New Indicators
We've added some of the most requested and effective indicators used by professional traders worldwide.
Key Additions Include:
- Ichimoku Cloud: A versatile, all-in-one indicator that provides information on support/resistance levels, trend direction, and momentum all at once.
- Volume Profile: This powerful tool shows trading activity over a specified time period at specified price levels, helping you identify significant support and resistance zones based on volume.
- MACD with Custom Settings: The classic Moving Average Convergence Divergence indicator is now more powerful with fully customizable settings for its EMAs and signal line, allowing you to tailor it to your specific strategy.
- Stochastic RSI: A more sensitive version of the standard RSI, this indicator helps identify overbought and oversold conditions with greater speed, ideal for short-term traders.
Enhanced Drawing Tools for Precision Charting
Precise charting is crucial for technical analysis. Our newly expanded toolkit allows you to map out your strategies with greater accuracy.
- Fibonacci Retracement & Extensions: Now with more customization options, you can easily identify potential price reversal and target levels based on the classic Fibonacci sequence.
- Trend Channels: Draw parallel trendlines to clearly define the upper and lower boundaries of a market trend, helping you spot entry and exit points within a channel.
- Pitchforks (Andrews' Pitchfork): An advanced tool that uses three points to create a channel projected into the future, helping to forecast potential support and resistance lines.
How to Access: To find the new features, simply open any chart on the Quotex platform. The new indicators are available in the 'Indicators' menu, and the new drawing tools can be found in the charting toolbar on the left side of your screen.
Conclusion: A More Powerful Platform for You
This update represents a significant step forward in our mission to equip you with the best tools for success. We believe these new indicators and drawing tools will empower you to perform deeper, more nuanced market analysis.
We encourage you to explore these new features on your demo account to get comfortable with them before applying them to your live trading. Happy charting!