FX trading platform evolution: A close look at cTrader’s updates

FX trading platform software provider Spotware Systems has made several usability tweaks to its ever-evolving solution, the first being a revision to the trailing stop loss, which now resides on the server, therefore working when cTrader is closed, or when the trader’s computer is either switched off or disconnected from the internet.

Traders can apply it when creating an order, and it has also been simplified, whereby users can add the number of pips it should trail the spot price for, and it will move every With traders expecting ever more comprehensive charting packages from their software packages and trading platforms, the cTrader platform keeps pace with technological change by allowing users to be able to turn off the price axis overlay buttons for “Chartshot” and “Detach Chart”. The “Market Sentiment” bar may also be turned on or off from the Viewing Options settings of chart preferences.

Finally, the cTrader platform has gained a function in which traders can now change the color of the “Bid” and “Ask” lines as well as the position and order lines in the Color Options settings of chart preferences.

Speaking to James Glyde, Business Development Manager at Spotware Systems today, FinanceFeeds took a close look at the rationale behind the updates, and what matters in today’s evolutionary world in which keeping ahead is critical.

“In our most recent updates delivered in March and April we introduce some highly demanded features and tweaks. In March we made the ChartShot and detach chart overlay buttons optional. Traders who want to quickly access those features can easily add them back on their chart, traders who want a clean chart can remove them” explained Mr. Glyde.

“Our most recently delivered update supports a far simpler and easy to access trailing stop loss functionality which also now resides on the server. Traders can apply a trailing stop loss to any order, regardless of it’s entry type. This is the first installment of many more order type enhancements. We have already delivered our fourth update of the year, with many more to look forward too” he said.