IG’s new web platform allows traders to use up to eight Moving Averages

Maria Nikolova

In a further move towards enhancing tech analysis capabilities of its new web platform, IG allows traders to make use of up to eight Moving Averages.

The direction of improvements introduced to the new web platform of electronic trading major IG Group Holdings plc (LON:IGG) seems to be very clearcut: enhancements to technical analysis capabilities. At least, this is what we have seen over the past several months.

Earlier today, IG’s team posted a short update on the latest novelties on the platform and tech analysis is again in their focus. In particular, the enhancements concern the most popular tech analysis indicator – the Moving Average. The platform now enables traders to make use of up to eight Moving Averages. The feature, as the IG team notes, has been requested by a number of the platform users.

Another new “tweak” to the platform concerns the recently added keyboard shortcuts. If traders hide or display open positions or working orders, they will see a confirmation pop up on the chart.

While we are on the topic of tech analysis features, let’s recall that in May this year, IG responded to client requests by introducing Fibonacci extensions to the new platform charts. Traders can access this feature from the drawing tools menu on the new charts.

In July, the broker added an Elliott Waves tool to the new platform charts. It can be found in the drawing menu at the top of the chart, or by right-clicking on a chart. Traders can then pick five points on the chart to form the drawing.

Information about the latest additions to IG’s new web platform is somewhat difficult to find now, as the IG Community, which includes the notices about the releases, is experiencing certain changes. Some of the threads are archived, moved to a new location, whereas designer changes are being implemented too. Meanwhile, the question by one of the forum participants on when the old platform will be taken down is left with no answer.

Read this next

Metaverse Gaming NFT

DCentral Miami brings together all of Web3, NFT, DeFi, Metaverse

The world’s biggest Web3 meeting entitled DCENTRAL Miami is set to take place November 28-29, featuring a lineup of some of the biggest and most influential names in the blockchain space.

Digital Assets

Crypto ban expands across UK banks as Starling joins ‎crackdown

UK digital bank Starling has banned ‎all customer payments related to cryptocurrencies, another blow for the crypto traders ‎who recently saw a sizable number of banks deciding not to ‎finance the wobbly asset class.‎

Interviews

Markets Direct at FIA EXPO 2022: Traders know what they want from brokers

The FIA Expo 2022, one of the most prestigious events within the global derivatives trading industry, took place in Chicago on 14 & 15 November.

Interviews

FIA Expo 2022: TNS addresses public cloud limitations with hybrid infrastructure

November is the month of the FIA Expo, one of the largest futures and options conferences in the world, bringing together regulators, exchanges, software vendors, and brokers in one place: the Sheraton Grand Chicago Riverwalk. 

Retail FX

Italy’s regulator blacks out Finance CapitalFX, MFCapitalFX

Italy’s Commissione Nazionale per le Società e la Borsa (CONSOB) has shut down new websites in an ongoing clampdown against firms it accuses of illegally promoting investment products in the country.

Retail FX

Suspected leader of Honk Kong ramp-and-dump scam appears in court

A leader of a sophisticated ramp-and-dump scheme made his first court appearance in a Hong Kong court today, charged with market manipulation and various criminal offences. The case stems from an earlier joint operation of Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), and the local police. 

Institutional FX

Cboe’s James Arrante discusses growing demand for fixed income, FX algo

We caught up with James Arrante, senior director of FX & US treasuries product and business management at Cboe Global Markets, to uncover emerging trends in the FX and fixed income markets and learn more about the bourse operator’s recent initiatives.

Retail FX

Eurotrader acquires UK broker Petra Asset Management

Eurotrader Group has formally entered into the UK market with the acquisition of FCA-regulated broker, previously named Petra Asset Management Ltd. The new entity operates under the brand name Eurotrade Capital Ltd.

Inside View, Retail FX

The Game of Chess Continues – OPEC, China and the Oil Market

Over the past decade, the US has been complaining about the amount of power which the BRIC group, and specifically China, has on the global economy. BRIC stands for Brazil, Russia, India and China; these were the world’s fastest growing economies. Only in the past 10 months, the US has turned their attention toward OPEC due to the prices of fuel. Nevertheless, China seems to have a strong influence even over the price of crude oil.

<