IG’s new web platform enjoys tech analysis capabilities boost

Maria Nikolova

IG continues with the enhancements to tech analysis capabilities on its new web platform with the addition of Elliott Waves and improvements to the Fibonacci drawings and Ichimoku indicators.

Online trading firm IG Group Holdings plc (LON:IGG) has just unveiled the latest set of enhancements to its new web platform, which focus on technical analysis and charting.

For starters, responding to requests, the company has added 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 select five points on the chart to form the drawing.

The enhancements to the Inchimoku indicator

Also, a couple of small additions have been made to both the Fibonacci drawings and Ichimoku indicators on the new platform charts. On Fibonacci drawings, the last click to place the drawing allows traders to select the length of the drawing on the chart (that is, how far across the chart the levels are visible).

On the Ichimoku indicator, traders can now also customise which levels are shown. To do this, one should select the indicator label on the bottom left of the chart.

This is not the first time that IG enhances the technical analysis capabilities of its web platform this year. In May, the company responded to client requests by adding Fibonacci extensions to the new platform charts. Traders can access this feature from the drawing tools menu on the new charts.

Now, let’s continue with the latest wave of enhancements to the platform, as a set of keyboard shortcuts have been added to the platform charts:

  • “E” opens an Edit dialog box on a selected drawing (The shortcut requires selecting an object and pressing “E” on the keyboard.)
  • “D” duplicates a selected drawing.
  • “P” and “O” show/hide positions (P) and working orders (O)’
  • Del/Backspace may be used to delete a selected drawing (this happens if one moves the cursor over the object and select sDelete or Backspace on the keyboard).
  • Spacebar allows to go to the latest candle/reset zoom level.

Another online trading company that has recently worked on facilitating trading on its platform is Interactive Brokers Group, Inc. (NASDAQ:IBKR). In June, the company announced the addition of a number of trading tool shortcuts in TWS’ Mosaic Order Entry panel. Traders can now make use of a number of drop down shortcuts added to the Option Chain button. These shortcuts open the selected tool with the current Instrument Type as the focus. Shortcuts include Option Chain, BookTrader, Market Depth, Strategy Builder, Fundamentals, Time & Sales and Alerts.

  • Read this next


    AU10TIX launches KYB solution to address regulatory requirements

    “Our customers have been requesting a comprehensive KYB solution, because money laundering and fraud have become far too prevalent in the corporate world. Our unified KYB/KYC solution is essential for identifying bad actors and maintaining a safe business environment in 2024.”

    Digital Assets

    Japan Is Rapidly Emerging As A Global Leader In Compliant Crypto Payments

    Japan is often hailed as one of the most forward-thinking nations in the crypto industry, with its government taking a very positive stance on the potential of concepts such as Web3. 

    Digital Assets

    Kraken launches institutional arm

    “If you already work with Kraken, you know how much we care about offering high quality products and a client-first experience. We’ve been the leading crypto exchange for more than a decade and through Kraken Institutional, we’ll offer the same deep expertise and cutting-edge technology to propel trading excellence for institutions.”


    Centroid integrates with brokerage solutions provider GTN

    “We are thrilled to integrate GTN into Centroid Bridge, our multi-asset connectivity bridging engine. This integration allows our clients to gain access to the wide range of multi-asset products offered by GTN.”

    Podcasts, Women of the Industry

    FF Podcast delves into the rise of prop trading as Brokeree releases Prop Pulse

    In the latest FinanceFeeds Podcast, Tatiana Pilipenko discusses Prop Pulse, Brokeree Solutions’ platform for prop firms and retail brokers aiming to delve into prop trading. Offering a flat fee structure, Prop Pulse emerges as a scalable solution in an era where successful traders increasingly prefer prop firms over traditional retail brokers.

    Inside View

    Scalping or day trading?

    Among the many popular trading styles with both beginners and experienced traders are scalping, which allows you to extract small portions of profit from each price movement, and day trading, which aims to trade over a single day. In this article, you will learn what scalping and day trading are and their differences and peculiarities. Ultimately, you will learn what to look for to understand which trading style is right for you.

    Crypto Insider

    Unveiling Plasma Next: INTMAX’s Solution to Scale Ethereum with Stateless Layer

     INTMAX has launched Plasma Next on the mainnet α, a groundbreaking Layer 2 zkRollup, revealed by co-founder Leona Hioki at ETH Denver. This innovation offers scalability with constant costs per block, merging Plasma’s scalability goals with zkRollups’ security.


    Nuam selects Vermiculus for clearing system in Chile, Colombia, and Peru

    “We are proud to deliver a system that plays an integral role in the core of this historical merger, empowering one of Latin America’s most crucial markets with VeriClear’s state-of-the-art technology, together with our deep market expertise.”

    Retail FX

    Moomoo launches super app in Malaysia

    “As an investment platform connecting 21 million retail investors globally, we envision collaborating with exchanges, regulatory bodies, and partners in the visible future to become the gateway, connecting Malaysia’s investment products to global capital and investors.”