Multi-asset technical analysis research provider Trading Central has just added a new trading signal solution to its lineup. The company is making its first major product release since it acquired Recognia, a company which has been focused on developing automated quantitative analysis solutions.
Trading Central’s new product is called Featured Ideas and it is aiming to further empower traders with some real-time signals based on a number of different criteria. The first brokerage company to add the new service is Just2Trade with some other companies already in the works.
The new product from Trading Central specializes in the foreign exchange market and is delivering trading ideas in real-time. According to the company, the new solution is merging the company’s massive experience on the forex market with the pattern recognition tool, trusted by leading equity brokers worldwide since 2000. Trading Central concluded the acquisition of Recognia back in 2015.
Trading Central’s Featured Ideas product has a simple user interface that displays trading ideas on several foreign exchange pairs, allowing traders to easily track targets in real-time across multiple platforms.
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Traders can receive up to ten trade ideas based on automated real-time analysis, providing them with an alternative trade generating tool.
Commenting on the launch, the CEO of Trading Central, Alain Pellier, said: “We’re proud to support investor decision-making in innovative ways. We believe Featured Ideas accomplishes this and Just2Trade is the right partner to deliver it to today’s traders.”
Traders are able to filter out the trading ideas based on a number of criteria. those include different timeframes, currency pairs and different analytics metrics. Every idea is supplemented with educational commentary, which can provide a basis for technical analysis for the trader.
The trade ideas delivered by the new software solution from Trading Central are not only generated by pattern recognition, but also cross-connected with other technical analysis events.
“I believe that this new release from Trading Central and Recognia will be a breakthrough, not only for market analysis, but for the simple usability of its interface. Trading Central’s services have been highly praised by our customers, as actionable decision-making tools for trading,” adds Pavel Lvov, Chief Development Officer of Just2Trade.