New Trading Forex platform

Discussion in 'BlackHat Lounge' started by allyrob, Mar 2, 2009.

  1. allyrob

    allyrob Newbie

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    Any one heard of the new trading forex platform from
    Code:
    tradingfx.com
    Its all about price moving and its not time base, (so there,s no 1 min, 5 min, 15min candles and so on) each candle is form by either 8 pip movement or 15 pip movement, which ever you set, i guest. So if candles are only form by pip movement, lets say for the an hour of price movement the price only move say 5 pip that would mean just one candle form for that. Its quiet interesting concept. what do you guys think
     
  2. luxint

    luxint Registered Member

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    accidental dbl post. sorry.
     
    Last edited: Mar 2, 2009
  3. luxint

    luxint Registered Member

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    Haven't heard of it but the idea is certainly not new. It's 'point and figure' which has been around for many years. Back in the days before computers :D

    L
     
  4. allyrob

    allyrob Newbie

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    I have seen an indicator for something like this before but nothing as impressive as this site.