Get a Window into the Markets with Trading Central and AvaTrade
In 2020 we forged a collaboration with Trading Central, whereby we began to offer their award-winning products like market insights and intelligence, directly to our clients. We have made these products available through our proprietary interfaces (WebTrader and AvaTradeGO) and via notifications (SMS/email/push).
The backbone to maintaining long-lasting relationships with our traders ultimately comes down to the success that they see. Experience shows that for a trader to increase their trading edge, they need a few things. One is practice, another is education and learning resources, and the third is insight, or a window into the markets if you will. This is where our Trading Central offering comes in.
Did you know:
- Data* shows that 82 % of investors rely on technical analysis to make their decisions.
- 68% of investors confirm that they would like to receive more technical trading strategies and independent recommendations.
- 58% want more education on how to use technical analysis and strategies.
It is through this partnership with Trading Central that we hope to fulfil the above statistical needs, as well as to add value and give our clients confidence in participating in the financial markets.
*Statistics are taken from Investor Trends, Online Trader’s Behaviour Study.
Taking Technical analysis to another level.
Our clients can make more confident, credible decisions based on actionable and straightforward trading plans created by the expert analysts at Trading Central. This tool merges the views of their brightest minds together with automated algorithms. The product offers pattern recognition to trigger high potential trading ideas. This is then checked and corroborated by the analysts before being released to our traders.
Get a daily strategy newsletter directly to your inbox to help you kick off your trading day the right way. The newsletter combines technical and fundamental research which is viewable on your mobile device. They give directional views and are strong starting points to conduct your own further research and identify strong opportunities.
Morning news brief gives you a fresh glance into the markets each morning. This is the perfect way to start your day, with all the key news and market data collated into a brief, at your fingertips.
Trading platform integration
Impose Analyst views indicator over your MT4/MT5 trading charts to generate your own trade setups. The trading signals include key price levels and directional guidance on the charts of your actively traded instruments.
Adaptive Candlesticks give you the opportunity to overlay sixteen candlestick patterns on to your MT4/MT5 charts. These will help indicate relevant patterns in real time.
Adaptive Divergence Convergence indicators are based on the MACD indicator and give a series of entry/exit points, with both slow & fast indicators, and raw & smooth signal lines to cut out excessive signals.
On-Platform AI Trading Signals
Execute trades based on AI generated trading signals. The signals are integrated directly into the WebTrader and AvaTradeGo platforms to give credible trade ideas, based on in-depth technical research. Traders can see all available signals on the main trading dashboard and enact them with just 2 clicks. Stop Loss and Take Profit orders are automatically preset, for a smooth trading experience, although parameters can be customised at the trader’s wishes. Users can understand the reasoning behind the signal via both the clear written explanation and the visual key levels on the chart. These in-built signals are suitable for all levels of trader.
Learn as you trade
Get trade ideas that are customized to you, in real-time. Choose the currency pairs you like to trade and get live bullish or bearish investment ideas. These are based on both technical and fundamental analysis and supported by back-tested strategies. Watch your trade idea perform over time and open a trade directly from the dashboard.
Follow the market buzz
Felix the smart algorithm tracks and monitors 7000 leading media sources to see what is making the news at any given moment. The algorithm displays the news that is setting the financial agenda and displays it in real time as visual bubbles (the bigger the bubble, the bigger the news). You also have the option to create your own buzz watch lists to follow the assets that are important to you and disregard the rest.
Learn from the past to prepare for the future
The economic calendar allows you to stay on top of the key news that will move the assets. Monitor economic events and data releases, understand the impact on the relevant asset and act upon the indicator by trading directly.
You can filter the economic events of 38 countries by both importance or country, and you can track each of the events live, as well looking at how similar events from the past affected the asset price on the chart.
- FX Charts tied to Economic Events:
Access more than 115 FX charts which are linked to the relevant economic events, and monitor the assets in real-time and act on the information quickly.
- Historical performance:
See the “forecast” and “actual” values for the last 5 years, which can help you understand the historical trend and its influence on the currency.
Why Trading Central
Trading Central has been making a name for itself, and its unique technical offering wince 1999. The company helps traders substantiate new opportunities by creating trading signals and analyst recommendations. They allow you to learn about financial markets as you watch events unroll live on the charts, plus they help you manage the risk. They offer 24 hours coverage across 85 markets which include Stocks, Indices, Currency Pairs, Options and Bonds.
The Trading Central analysts have garnered quite a following globally and especially across leading media sources where they are recognised as real experts. They are often quoted in Thomson Reuters, Bloomberg and Dow Jones among others. These global expert research analysts work in tandem with automated algorithms to help pinpoint price movements with the goal of helping our traders make more educated trading decisions.
Trading Central now has six offices covering major cities in financial hubs across the globe. They serve over 180 brokers in more than 50 countries. Now it’s your turn to try out Trading Central! Simply download the plugin and use all of the Trading Central features on AvaTrade MetaTrader 4 or MetaTrader 5 today!
Trading Central FAQ
- Is Trading Central a reliable service?
Since 1999 Trading Central has been providing its services to the financial community, and over that time it has honed its offerings to be some of the best available. As a third-party source of analysis and information Trading Central is unsurpassed and well-known to be reliable. In fact, because of the quality of the data it provides it has been added as a certified member of three Independent Research Providers associations: Investorside Research, Euro IRP and Asia IRP. Trading Central is also a Registered Investment Adviser with the U.S. Securities and Exchange Commission, and the Hong Kong Securities and Futures Commission. Few third-party sources are considered to be as reliable as Trading Central.
- How much does it cost to use Trading Central?
Thanks to the partnership that’s been forged between AvaTrade and Trading Central our traders pay absolutely nothing for this valuable service. In fact, it isn’t even possible to get the Trading Central data as an individual investor since the service only works with professional trading desks and brokers. But we believe that it is well worth the cost to offer this service to our clients. Think of it as a gift from AvaTrade to you. Plus, it’s a gift that will keep giving for as long as you trade with us.
- What are forex Featured Ideas from Trading Central?
The Featured Ideas tool from Trading Central gives traders suggestions for potential intraday trades. Featured Trades provides up to 10 trading ideas along with a detailed explanation of why the trade was featured. The individual trader can customize their own entry and exit points using the combination of Trading Central’s award-winning technical analysis and the customizable settings available from Trading Central. The rich feature set included with the tool will also help traders learn more about technical analysis and how patterns can develop on charts in response to the price moves of assets.