Next Asset on the Block is Forex!!
Making tools and processes easier and more intuitive for our students is a hallmark of how OTA has been committed to innovation over the last 25 years. The latest breakthrough has been released inside My OTA…introducing the… Core Strategy Analyzer...for both Stocks and now Forex! This tool replicates the functionality of the first 4 steps of CliK’s TradeBuilder, but is universally available to work with any trading platform. The Core Strategy Analyzer is a scorecard for analyzing and scoring trade setups. It includes such features as:
- Responsive web-design to work on any device and window size
- Freedom for the trader to start anywhere in the analyzing process
- Intuitive picture buttons for both scoring and learning reinforcement
- Real-time scoring of the 6 odds enhancers methodology throughout the process
- Time-saving, quick-scoring results when a setup does not qualify
- Pop-out window functionality to drag side-by-side with the chart being analyzed
- Multi-timeframe defaults for Curve, Trend and Zone
- Stop-buffer percent calculations using ATR based on the user’s trading purpose
The future roadmap includes a version for Futures and Options. In addition, the goal is to integrate with the Trade Tracker for the ability to store the analysis of individual setups for ease of journaling trades. Stay tuned!
You can find the Core Strategy Forex Analyzer in My OTA under the My Resources Menu.
Demonstrations of how to use this new tool are held in the XLT sessions & Learning Labs!
Try it out today and see how quick and easy it is to analyze your setups!