Admiral Markets, an online trading provider, offering trading with forex and CFDs, has once again upgraded its platform capabilities with the announcement of its new Day Session Indicator for Metatrader 4 Supreme Edition.
Earlier this year, Admiral Markets added the Webtrader version of the MTF4 platform to its offerings, allowing clients with multiple browsers and operating systems to access their accounts. The company also recently reported some significant adjustments to its trading conditions, enabling its clients to benefit from reduced margin requirements, spreads, contract sizes, higher leverage and some liquidity pool changes, including swaps reduction and trading hours updates for affected instruments.
With the latest rollout, the new Day Session Indicator has, according to the company, ”added more muscle” to the platform by allowing traders to hide candles generated during night trading times on assets of their choosing.
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Admiral Markets has also taken the opportunity to increase the trading hours for major index CFDs like DAX30, which means that the CFD based on the German index can now be traded 24/5.
The Day Session Indicator caters to the needs of traders who want to see the standard trading hours in their chart, as well as those who wish to create their own time windows for sessions (for example, DAX30 Xetra from 9:00am to 5:30pm CET). It is also possible for traders to change the timeline or period of their active charts at any time and see the changes automatically synced with their offline charts. Default settings for the new Day Session Indicator show the regular DAX30 session from 8:00am to 10:00pm CET.
Traders will be able to apply templates and indicators to offline charts and access the expert advisors from Admiral Markets in the usual manner.
The indicator could be very useful for traders that only want to adhere to movements in times of sufficient liquidity on the markets. The new offering by Admiral Markets is aiming at a niche of traders, but could ultimately be a decisive factor for opening an account with the company for those who are interested in making trading decisions in an unorthodox way.