As part of its commitment to pursuing innovation and introducing cutting-edge features and solutions that enhance the trader experience, BDSwiss Group has recently added to its technical analysis toolkit by unveiling a fully integrated WebTrader Trends Analysis tool.
Available exclusively on the BDSwiss WebTrader, the novel Trends Analysis feature is designed to automate technical analysis while empowering traders to identify the most viable trading opportunities with the assistance of artificial intelligence (AI). Offering real-time analytics and trendline overlays on a wide range of CFDs including stocks, commodities and foreign exchange, Trends Analysis delivers real-time insights that can help traders make better-informed decisions.
Leveraging Artificial Intelligence
Integrating AI and machine learning algorithms provided by Autochartist with BDSwiss’s WebTrader charting tools, the new Trends Analysis feature monitors thousands of trading instruments in real-time while applying technical indicators to create a live dashboard of the most opportunistic trade setups.
By tracking multiple data points, the built-in Trends Analysis tool calculates and refines probability values for future price action while also considering the latest earnings reports, financial releases and aggregated data from third-party vendors.
“The ability to identify, plot and interpret market trends automatically can be invaluable in fast-moving markets. The BDSwiss Trends Analysis tool helps traders to not only spot evolving chart patterns which they otherwise might miss but to also capitalise on them. Harnessing artificial intelligence, sophisticated data analytics, technical analysis and order execution in a single web-based platform is what many traders are now looking for,” said Frank Walbaum, Technical Analyst at BDSwiss.
Designed to Enhance Trading Performance
Incorporating Trends Analysis into BDSwiss’ WebTrader platform delivers a comprehensive automated technical analysis solution for BDSwiss clients.
BDSwiss traders can view potential trade opportunities automatically mapped onto live charts and can place market trades directly through a self-adjusting order window. Furthermore, the software accounts for preset market parameters and can automatically adjust risk management settings at the trader’s discretion. This unique feature was specifically designed to allow traders to place their positions with a single click to reduce execution time.
Christos Alatzidis, Chief Technology Officer (CTO) of BDSwiss said: “In trading, timing is essential: even milliseconds can make a big difference. Our Trends Analysis tool provides powerful real-time analysis with potential trade ideas plotted automatically. The BDSwiss WebTrader platform is the first in the retail trading space to offer a one-stop solution by integrating AutoChartist’s analysis features built-in a web-based platform.”
Committed to pursuing an agenda of innovation and optimisation, BDSwiss will continue to invest in new technologies and solutions that enhance trader experience, including cutting-edge platforms and tools, broader regulation and first-class trading services.