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ActivTrade Introduces the Smart Template Trend Indicator

Nov 05 2012

ActivTrades, a well-established British forex and spread betting broker, has introduced a new add-on for its MTtrading platform: the Smart Template. 

MetaTrader 4 (MT4) is the most popular software application for trading currencies and CFDs it’s offered by most of the brokers operating on the market (some even support it as an alternative to their proprietary platforms). There are many reasons for MT4 to be preferred by so many brokers and traders – it’s relatively easy to navigate around, and offers everything a trader needs to be successful: 
- Fast execution;
- Excellent charting pack;
- Extensive set of technical indicators
- Strategy backtesting capabilities
- Automated trading and Expert Advisors (EAs), etc. 
The platform also allows for customization via the MQL programming language – this lets brokers and traders come up with handy custom indicators and tools to better match trading strategies. 
Smart Template is exactly such a tool. It is designed to help ActivTrades’ MT4 users make informed and calculated trading decisions. To do so, the tool uses 3 main parameters: market strength, market direction and daily market trend
The market strength is calculated on daily and hourly bases, using the market volatility for the last 5 days.
The daily market trend measures the strength of a trend for the last 7 days. 
The market direction is a summarized market trend, drawn by using four technical indicators: ATCI (moving average based indicator with custom weighting method), MACD (moving average convergence divergence), ATLDIG (adaptive trend line for following the trend and market cycles), and AMA (moving average based indicator). 
Smart Template is not the first EA introduced by ActivTrades. Not long ago, the broker rolled out the SmartChart tool, which displays pending orders on the trading platform charts. 
Another very useful Expert Advisor that is available at ActivTrades is the SmartOrder 2 add-on. It’s a tool that enables one-click trading along with a number of features that are particularly convenient for scalpers and news traders (closing all open positions simultaneously, Stop and Reverse function, etc). 
Those of you interested in the Smart Template EA can sign up for the broker’s webinars on the tool on November 6 and December 4, 2012.

About ActivTrades 

ActivTrades is a global financial broker offering Forex, CFDs, Spread Betting and Futures. 
Located in the city of London, ActivTrades is regulated by the Financial Services Authority (FSA) and affiliated to the Financial Services Compensation Scheme with all client funds held in segregated accounts. 
With no dealing desk, ActivTrades offers MetaTrader 4 and MetaTrader 5 platforms (also on iPhone, iPad and Android), competitive spreads, minimum stake of 10 pence per point and leverage up to 400:1. Its range of products comprises over 50 currency pairs, metals, indices, commodities and bonds. 
For the most demanding traders ActivTrades offers, together with its proprietary add-ons Smart Order and Smart Chart, powerful additional tools like Molanis, Autochartist, access to the Trading Central Portal and free VPS hosting services. 
Through its free online webinars ActivTrades offers technical and fundamental support, complemented by its presence at trading events around the world. 
ActivTrades highly trained staff offer customer support in 12 different languages, 24 hours a day, 5 days a week.
TAGS: ActivTrades  forex trading  forex broker  trading platform  MT4  MetaTrader 4  Expert Advisor  EA  one-click trading 

More news about ActivTrades

Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

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