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Ultimate Charting Software - markettraders.com


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quote_icon.png Originally Posted by Sixer viewpost-right.png (http://indo-investasi.com/showthread.php?p=438268#post438268) ag,

i can`t see any benefit to use this platform.

Here are the indicators which can be used:

http://www.manula.com/manuals/markettraders/ultimate-charting-software/1/en/topic/appendix-i-definition-of-technical-indicators

Sixer

 

Hi Sixer,

 

The reason to use this charting software is not its indicators by themselves, which you can replicate in other platforms (such as MT4), but rather how they put it all together so that it is very convenient and easy to use, and most likely even profitable. For example they preach, right or wrong, for a certain way to trade Fibonacci retracement/extension. You may or may not agree with their strategy, but it does work for them (MTI).

 

https://www.sendspace.com/file/lj36oc

Please watch one of the infomercial webinars I happened to find in my archive which provides a glimpse into some of the capabilities of this platform. It shows one way to apply their Fibonacci strategy, out of several. It doesn’t show however their Auto Fibonacci that may help beginners to apply this strategy even with greater ease. Their Semi Auto and Auto systems could be replicated most likely in MT4, but why to reinvent the wheel? In fact I found a way to replicate their colored Fibonacci indicators in MT4 using a combination of two MLQ indicators but it's kind of cumbersome, compared to their tools.

 

To sum up - it's not just another charting platform but rather an assembly of tools that may help forex traders to generate decent profits with ease. They do charge pretty steep monthly usage fee for the package, so these are the two reasons why educating it may benefit the members who like to trade Forex.

Edited by ylidor
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