Forex broker OANDA continues developing its mobile application and adds advanced technical analysis tools. Forex traders can now identify support and resistance levels, draw chart patterns and chart patterns on their mobile phones.
OANDA recently added AutoChartist as a partner, the first of more to come. For more on the new features of the mobile app, here is the press release:
LONDON – August 20, 2013 – OANDA Europe, a pioneering global provider of innovative foreign exchange trading services, today announced enhancements to the advanced technical analysis features built-in to the industry-leading fxTrade Mobile applications for iPhone, iPad, and Android smartphones and tablets.
With these new features added to fxTrade Mobile 3.2, OANDA’s clients can now draw trend lines, mark chart patterns, and identify support and resistance levels on currencies and financial instruments anywhere they go, at any time.
“With the release of fxTrade Mobile 3.2 not only is OANDA maintaining its leadership in mobile forex trading capabilities, we’re bringing traders even closer to the full desktop version of our award-winning fxTrade platform on a mobile device,” said Trevor Young, Vice-President of Product Management, OANDA. “We know from the feedback we’ve received from OANDA’s clients, and from their mobile trading behaviour, that they want a robust platform at their fingertips. They want to be able to do more than merely check on their positions or to take a peek at the latest currency pair spreads. By providing our clients with superior technical analysis functionality, we’re responding to that demand.”
Furthermore, fxTrade Mobile 3.2 provides traders with the ability to draw more advanced things such as Fibonacci Fans, Arcs, and Pivot Points. The latest version of the app also features Japanese language support.
This update builds on recent enhancements to the app released in July that included the addition of several new chart types, indicators, and the Ichimoku overlay designed to help traders identify trends in the market.
Here are some images:
