eToro – Forex Trading Forum

[Tropezienne]

What do you think of the new advanced charts on the eToro platform ? I have been exploring them and they have loads of features.

What is great is that , with a single click, we can switch between the original charts – now called 'Basic Charts' and the new 'Advanced Charts'. For newcomers to forex and to the eToro platform the Basic Charts are the best place to start and will help to prepare you to make best use of the Advanced charting features.

The Basic Charts option offers a choice of Line Charts and Candletick Charts in terms of charting style. The time frames for the Line Charts are available are 1 hour, 2 hour, 7 days and 30 days and for the Candlestick Charts the time frames are 5 minutes, 1 hour and 24 hours.

The Basic Chart interface allows users to draw Trend Lines, Horizontal Lines and Trend Channels on their charts.

[Tropezienne]

Advanced Charts also offer two charting styles – Candlestick Charts and Bar Charts both with a wider range of time frames than is offered for the Basic Charts : 1, 5, 10 and 15 minute, 1 hour and 24 hours.

There is an amazing array of Technical Indicators - 21 in total (Simple Moving Average, Bollinger Bands, MACD etc) and the option to draw 13 lines studies onto your charts (Trend Lines, Ellipses; Fibonnaci Arcs). You can also add text and will soon be able to add images to your charts.

The eToro team are going to add more information about these tools and how to use them very soon in the HELP pages.

There are some other super new features – you can save chart data directly to your computer with a single click, or print them or save them as an image.

You can have articistic fun with these Advanced Charts as well – go take a look at my thread called 'Arty - Charty' – get creative ! I challenge you to better my first artistic effort .....