To thrive in the dynamic financial markets, traders should use effective trading tools that empower them to quickly adapt to ever-changing trends. Prominent CFD broker BDSwiss provides access to next-generation trading tools meticulously crafted to analyse market trends, enabling traders to develop their strategies and make informed decisions. Additionally, BDSwiss offers a diverse range of educational materials, from webinars to exclusive video content.
One of the company’s core analytical offerings is Trends Analysis, which is built into the BDSwiss WebTrader platform. The bespoke Trends Analysis tool helps traders identify new market movements and trading opportunities across various assets. Developed in partnership with AutoChartist, the Trends Analysis tool features pattern overlays, projected price trends, and one-click order placement functionality to streamline the trading process.
BDSwiss's Trends Analysis tool offers several powerful features to help traders identify emerging trends and trading opportunities.
Market Scanning and Pattern Recognition
Around the clock, BDSwiss's Trends Analysis tool leverages the efficiency of AI and machine learning algorithms to continuously scan interesting chart patterns across various asset classes like Forex, Stocks, Commodities, and CFDs. Trends Analysis identifies and overlays various chart patterns onto live charts, helping traders to better visualise market trends and spot opportunities.
One-Click Trading and Customisable Scanning
Traders can execute their trades directly from the Trends Analysis tool with a single click for an efficient order entry process. Additionally, the tool offers customisable scanning options, allowing traders to define specific parameters like asset class, timeframes, and pattern types, tailoring the market scanning to their individual trading styles and preferences.
The tool identifies potential trend directions, the status of the trend, and the type of trend while considering the latest market data, news, earnings reports, and economic releases to refine its probability calculations for potential trading opportunities. Moreover, it can automatically adjust risk management settings like stop-loss and take-profit levels based on preset market parameters, helping traders manage their risk exposure. Traders can choose the tool’s automatic settings for stop-loss and take-profit orders, or apply their own preferences.
Trading Central Tools
Another of BDSwiss’ range of trading tools can be found in its partnership with Trading Central, providing traders with access to even more leading market screening technologies:
● Market Buzz: A popular tool for spotting trends based on the number of mentions. Reveals the most-talked-about assets in Stocks, Crypto, Currencies, Commodities and Indices, and connects the dots between potential trends and financial news.
● Technical Insights: Offers an unbiased perspective on the biggest trends on hundreds of CFDs.
● Analyst Views: Uses a combination of automated algorithms and expert analysis to pinpoint forming trends.
● Labs Newsfeeder: Helps traders discover the latest trading opportunities with an assortment of trending articles on market-moving events from around the globe.
● Economic Calendar: Provides real-time macroeconomic data. Traders can filter events by significance or country, and review how similar past events have affected the markets over the last five years.
Autochartist
BDSwiss offers the leading automated analysis tool, Autochartist, which comes pre-installed in the trading platform’s dashboard. Autochartist monitors forming trends on over 250 CFDs 24/7 and automatically alerts traders to potential opportunities. As the world’s first market scanner plugin, Autochartist provides analysis of significant movements, consecutive candles, horizontal levels, Fibonacci patterns, and volatility analysis, empowering traders to make data-driven decisions.
Currency Heat Map
The Live Forex Heat Map is a powerful tool that enables traders to quickly visualise the most traded currency pairs and their price changes in real time. This innovative feature aids the identification of currency uptrends and downtrends, presenting potential trading opportunities at a glance.
Ongoing Education
BDSwiss' commitment to empowering traders extends beyond providing advanced trading tools. The company recognises the importance of continuous education and knowledge-sharing, offering expert-led webinars and exclusive weekly videos as invaluable resources for traders seeking to enhance their skills.
Live Webinars
As BDSwiss understands the value of continuous learning in the trading community, it hosts expert-led webinars moderated by industry professionals such as Stuart Cowell and Marios Kyriakou. These interactive sessions delve into market trends, chart interpretation, and strategy development, equipping traders with the skills and knowledge to analyse the markets and create their trading strategies.
Exclusive Weekly Videos
As well as the comprehensive suite of market analysis tools BDSwiss also features exclusive knowledge-sharing weekly videos on social media platforms, covering a wide range of financial topics and available in many languages for a diverse global audience. By providing valuable insights and analysis in various languages, BDSwiss ensures that traders from different regions can access relevant information and stay informed about the latest market developments.
In the dynamic world of financial markets, having access to reliable and comprehensive market analysis tools is essential. BDSwiss' unwavering dedication to providing traders with the tools and resources they need to make informed decisions sets the company apart as an industry leader. By leveraging the power of these cutting-edge tools, traders can navigate the complexities of the markets with greater confidence and progress towards their financial goals.
Visit BDSwiss to discover more about their impressive range of trading tools.
