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New and Upgraded Charts with Admiral Markets MT4 Supreme Edition

Jan 16 2013
By
Forexbrokerz.com

If there's one thing I learned taking Advertising classes in college, it's that there is nothing that markets a product better than calling it “exclusive”, “limited”, or “supreme”. Someone at Admiral Markets must have taken the same classes – a couple of months ago we wrote about their pimped MT4 platform, which the broker now calls “MT4 Supreme Edition”. 

 
And now, there's a new highlight of this supreme edition: the visual chart trading tool, that will revolutionize our trading, as Admiral Markets promises. With it, traders can manage their open positions straight from the charts, which – I admit – is handy, but definitely not revolutionary (we have already seen this at ForexClub's StartFX platform). 
 
Stop loss and take profit levels are visualized on the chart as lines and you can simply drag these lines to the levels you want to in order to modify your order. The same trick can be used for closing orders – if you move the SL or TP past the current price, the system automatically closes the position since it interprets your move as reaching the stop in the market. Diagonal lines can be used as SL and TP as well. 
 
 
Dmitri Laush, executive vice president of the Admiral Markets said that this new tool introduces a next generation of visual charting. He also claims Admiral Markets is the first broker to offer such a tool but as I noted earlier, ForexClub is a step ahead here. 
 
“The upgrade was developed on customer request”, explains later on Laush. “The Admiral Markets Group operates in 35 countries, and provides close support to its clients all over the globe. Many of them asked for more chart trading options and used external Expert Advisors for that purpose.” 
 
MT4 doesn't provide a ready-made solution for more charting, however it does grant great flexibility for adding custom scripts and Expert Advisors to the platform, which let Admiral Markets to upgrade their charting. 
 
The chart trading upgrade is well-engineered, runs flawlessly and is easy to use, thus excelling all freely available Expert Advisors”, Laush says. “This innovation makes the Admiral Markets Group the vanguard of visual chart trading.”
 
 
 

About the Admiral Markets Group

 
With 12,000 active clients and a total monthly trading volume of $35 billion, the Admiral Markets Group is a leading online Forex trading provider, as well as an emerging trading platform for precious metals, CFDs, stocks and fossil fuels. Since its foundation in 2001, the Admiral Markets Group has continually expanded its range and reach. In 2011 alone, the company experienced a growth of 70 percent. Today the Admiral Markets Group offers its services in 35 countries worldwide through its regulated trading companies, with Admiral Markets AS and Admiral Markets PTY holding licenses in the EU and Australia respectively. The company employs a staff of around 200 people globally. Recognizing its growth and success, the Admiral Markets Group was awarded the "Best FX Broker for the Baltic Region" and the "Best of the Best" Award by The New Europe magazine in 2012.
TAGS: Admiral Markets  forex trading  forex broker  forex chart  trading platform  MT4  stop loss  take profit  trend line 

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