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FocalPoint ProTrader Bundle for NinjaTrader 7 – Standard Edition
FocalPoint ProTrader Bundle for NinjaTrader 7 – Standard Edition
Archive : FocalPoint ProTrader Bundle for NinjaTrader 7 – Standard Edition
Standard Edition of the FocalPoint ProTrader Bundle for NinjaTrader 7
Utilize the power of a clear, concise Fibonacci price analysis over a variety of periods and give your trading a completely new perspective.
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For the prestigious NinjaTrader platform, FocalPoint ProTrader is a cutting-edge multi-timeframe Fibonacci price research software tool. An straightforward User Interface Panel allows you to quickly add reversal zones, Fibonacci retracement, extension, and expansion levels as well as change and manage any of the zones or Fibonacci levels. You have complete control over how levels are shown, and you can quickly and efficiently create confluence zones from one or more periods that are simple to see, which may greatly increase the accuracy of your trade entry. These zones and levels IDENTIFY HIGH PROBABILITY REVERSAL AREAS CLEARLY AND SIMPLY WELL IN ADVANCE!
ProTrader automatically determines and computes clean, unambiguous, and pertinent price swings and related pivots for varying degrees of trend strength using our in-house developed market structure engine. The most significant swings on the chart may be easily seen because to the real-time plotting of new pivots as they develop. The three levels of trend strength can be represented by pivot values or lines connecting the swings; they can be rapidly and simply toggled on and off.
This trading and predictive analytic tool gives traders a competitive edge. Key levels and zones may be added to ProTrader using an intuitive and simple-to-use toolbar, and these levels and zones can be simply maintained using an intuitive User Interface Panel that can be toggled on and off. Many of the display choices and elements of this potent tool may be customized by the user using this panel. These options include the ability to show pivot values and connecting lines, the sensitivity of pivots to be used, the choice of zones and Fibonacci retracement, the display of extension and expansion levels, the ability to resize the zones, and a number of options for the additional higher timeframes.
With the help of ProTrader’s unique features, users may easily spot confluence between important zones and levels across several periods. These regions frequently represent the biggest and most likely market turning points. Now you may quickly and simply evaluate the market in the context of several longer timeframes.
ProTrader is a great basis for a trading technique because of its robust analysis and ability to work with different timeframes. It may also be used to supplement other trading tools, indicators, or systems. ProTrader is complemented by other FocalPoint products, and when used together, they offer a wealth of information about price action and market movement.
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What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
Salepage : FocalPoint ProTrader Bundle for NinjaTrader 7 – Standard Edition
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