SpotOption introduces oscillator and indicator tools to platform
SpotOption, the leading binary options platform provider, today announced some of their latest developments, which include statistical tools that allow the traders to better predict market movements and establish trading strategies.
SpotOption provides brokerages with a full technology solution for simplified derivative trading, and the latest momentum indicators for technical analysis serve as an important retention tool.
The indicators and oscillators further engage traders to study and analyze the market in terms of trends and probability, chart quality judgment, and understanding volumes. Henceforth, this creates a trading environment based on more intelligent predictions and derives the signals needed for a more successful trade.
SpotOption’s indicators and oscillators consist of Moving Average, Relative Strength Index (RSI), Average True Range Technical Indicator (ATR), Moving Average Convergence/Divergence (MACD), and Bollinger Bands (BB).
The indicators can be easily accessed on the company’s new and advanced CFDs platform as well, by simply clicking on the candle view on the graph, followed by the indicator icon.
Amir Vaknin, CTO of SpotOption said:
Brokers who license SpotOption’s technology should be able to equip traders with all the tools needed in order to make the most educated trades possible. SpotOption will continue innovating trading tools that position brokers as industry leaders, enhance their retention potential, and provide the best trading experience possible.
