OANDA fxTrade mobile app enables direct trading from Alerts tab
Traders need to tap on an alert, and if there’s a corresponding instrument, the app will show the chart so that they can trade.
Online trading expert OANDA has just released a new version of the OANDA fxTrade mobile application for iOS devices, with the additions making it easier to react to a trading opportunity.
Users of the solution can trade directly from the OANDA Alerts tab. They need to tap on an alert, and if there is a corresponding instrument, the app will show the chart so that they can trade.
In addition, the Half Spread Cost in the Portfolio Activity tab is expanded to four decimal places.
Traders also get the ability to adjust the theme of the app (light/dark) to suite their environment for a more comfortable experience. To switch to Light Mode, for instance, one has to go to More > Settings > Light Mode.
An important update to the Alerts functionality was introduced in June last year. Back then, FinanceFeeds noted the launch of the Price Signal feature on the app for iOS devices. The Price Signal feature is a replacement of OANDA’s old Price Alert feature available on Legacy accounts.
The novelty was introduced in response to client requests. v20 users got the ability to turn any Vector or Horizontal Line drawing tools into a Price Signal, which triggers a push notification when the market crosses that line. The Signal toggle can be found in the drawing tool configuration bar visible when the tool is selected.
More recent enhancements to the OANDA fxTrade mobile app which affect the solution versions for iOS and Android devices include the addition of a new Trading Performance tool to the traders’ live V20 trading accounts. It provides trading history and professional grade metrics to help visualize, track and manage one’s trading habits. Traders can find it in the “More” tab.
OANDA’s fxTrade mobile app offers traders access to live, real-time prices to trade major, minor and exotic instruments on CFD, forex, and precious metals markets. The solution offers direct trading from charts and access to more than 50 technical tools, including 32 overlay indicators, 11 drawing tools, and 9 charts to easily edit take profit, stop loss and trailing stop orders.