102. Free Forex Charts Userguide
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The charts that FXCM uses are provided by Netdania.
Netdania develops the best financial web apps in the world. They have charts, quotes, news and more everything in absolute realtime.
Find out more at netdania(dot)com
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I like this guy. :)
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hello david. im waching your videos in youtube. and I notice that you have two "102" videos, that are different.
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Hi there
Im using the FXCM software with a mini account currently. And im wondering about some of the indicators. For example the ADX you covered in one of your lessons shows an indicator with 3 lines , however in my fXCM charting software I only see 1 line when using this indicator. I have noticed this with some other indicators such as Bollinger bands my software shows two lines and no Moving average you spoke of. Is this something you will get only with expensive charting software?
markduff 3 years ago
Hi Markduff, The ADX is actually only one line but in my charting packages when you select the ADX, it is displayed along with the +DI and - DI lines. In other packages, including FXCM's however, these two lines are displayed as part of a second indicator called the DMI or Directional Movement Index. Same thing goes with the Bollinger Bands. Most diplay the center line moving average which defaults to 20 periods however in packages that don't you can simply add this as a second Study.
InformedTrades 3 years ago