Trading Tools

When you're trading CFDs, the ‘Next Generation’ platform provides a number of platform trading tools such as trader sentiment charts and pattern recognition to help you analyse the markets and identify potential trading opportunities.

TRADER SENTIMENT

The ‘Next Generation’ platform provides you with Traders ' sentiment feature which shows you the percentage of traders who have bought versus the percentage who have sold on a particular product, so you can gain an understanding of other traders ' expectations. You can also see the monetary value of these positions as a percentage.

'All' and 'Top' Trader data

You can choose to view data for ’All Traders’ with an open position in a product, or filter out the noise by switching to the 'Top Traders’ view to see data from only top traders who have made an overall profit* on their account over the last three months.

*Overall profit takes into account spreads and commissions. 'Top Clients' refers to overall account performance and is not specific to performance in that particular CMC Markets product

TOOLS ADVANTAGES

Updated every minute

The traders ' sentiment analysis data is updated every minute, meaning these valuable insights are based on almost real-time information. This is especially useful during volatile periods when market prices can change rapidly.

See sentiment changes

Compare the up-to-the-minute sentiment (illustrated by the wide outer circle in the client sentiment chart above) with the figure at 10pm (UK time) the previous day (inner circle) to see recent changes in client trading.

Get trade ideas

Use the 'Also being Traded' section as a source of trading ideas. It shows which other products are being traded by traders that are currently trading the product you're viewing.

MULTIPLE LAYOUTS

Available on every chart when logged in to your live account, our pattern recognition tool allows you to search for common technical chart and candle patterns, providing a price projection.

PATTERN RECOGNITION SCANNER

Pattern recognition scanner is another feature of the platform trading tools. Scan over 120 of the most popular products every 15 minutes for emerging and completed chart patterns such as wedges, channels and head and shoulders formations. Set up automatic alerts so you're notified of technical trade set-ups and potential trading opportunities**.

**The pattern recognition scanner is for general information only and is not intended to provide trading or investment advice. We do not guarantee the accuracy, completeness or timeliness of the data. All analysis, resulting conclusions and observations in the Pattern Recognition Scanner are based upon historical chart information and patterns which are in turn based upon historical CMC Markets trading data and not data relating to the ultimate underlying instrument(s). Note that our charts display prices denominated in the underlying currency for the instrument. Any information relating to past performance does not necessarily guarantee future performance. The use of charting data has inherent limitations and you should not use this data solely to decide (or assist you in determining) which instrument to buy or sell

Price Projection box

When pattern complete, a price projection box is generated using technical analysis measuring techniques to highlight where the price action could go on the instrument’s chart.

Price has hit the price projection box on average 72.5% of the time across all asset classes (April-October 2016).

MODULE LINKING

This feature allows you to group charts together, so that when you change the product shown in one chart, all of the other charts in the group will automatically update to show the new product. This lets you examine the price action for the same product over multiple intervals and timeframes at the same time, so you can compare long-term analysis with short. Drawing tools, technicals, chart types, patterns and presets are all automatically applied to all charts in the group.

Research

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