The Capital Spreads Charting Package Steps up a Gear with Major Upgrade

LONDON, December 11, 2012 /PRNewswire/ --

Capital Spreads, one of the UK's leading financial spread betting and CFD providers, has significantly upgraded its charting package to meet the ever increasing demands of its clients.  Charts form a significant part of most traders' and investors' everyday decision making and, as such, a package that has fast and reliable data is imperative.  But it isn't just the speed of updates and uptime that's important, it is all the bells and whistles that go with it, such as indicators, alerts and back testing functionality.

The new features mean that Capital Spreads clients now have a state of the art charting package with the ability to not only select from over one hundred indicators, but the ability to customise their own.  Below is a summary of the new enhancements:

Faster updates and navigation

The first and foremost enhancement made to the charts was to improve the speed of them.  They now update on every tick movement which gives a far better representation of what is happening in the market and where it might be going.

Keyboard shortcuts have also been introduced so it is quicker to change the intervals or the chart profile settings.

More indicators

Not only is it far easier to search and select from the indicator menu in the chart settings but the recent upgrade has introduced 110 new indicators to the Capital Spreads charting package including favourites such as Aroon, Elder Ray, Ichimoku, Chande Kroll, Chaikin and tick volume.  From the comprehensive indicator library clients have access to the most commonly used charting tools as well as the more technical and advanced ones.

As well as many more indicators being available there is far greater flexibility in terms of their settings which can be created against the open, high, low, close or tick volume for a particular market.

Customisable indicators which can be shared

It is possible to create your own customised indicators with mathematical functions such as add, subtract, multiply and divide or getting the highest high over a range of intervals, which can be combined.  It is also possible to render and overlay indicators via the new drag and drop interface and once an indicator has been customised it can be named and saved for your own personal use or shared with others.

More user-friendly alerting and back testing functionality

The charting alerts and back testing have also received an overhaul making it easier to set up alerts using more variables and then run back test against them.  Alerts can be created to provide email and instant messenger notification of when price, trend line and technical analysis chart conditions are met.

Back testing has been improved to give a comprehensive win/loss and risk/reward analysis as well as the ability to display all the back test trades on an interactive chart for further detailed study and graphical representation of the results.

New drawing features including colour customisation

The charts now provide the ability to change and customise the colours of indicators and trend lines.  It is also possible to add trend lines to the indicator charts as opposed to only the main price chart, this means clients are able to identify trends within specific indicators by using the drawing tools.  Alerts can then be created to provide a notification of when the indicator crosses the trend line.

Multiple profiles

Not only is it possible to set up different chart profiles, which display a specific selection of indicators and settings, but it is possible to import profiles enabling users to share them.  With the ability to set up different profiles clients can apply their favourite standard indicator package to a particular market's chart as well as some other combinations they are testing or use for different trading purposes.

About Capital Spreads

Capital Spreads is a trading name of London Capital Group Ltd (LCG) which is authorised and regulated by the Financial Services Authority.  LCG is a leading provider of online trading services.  Today LCG has over 70,000 clients worldwide and offers a wide variety of financial trading products and platforms for retail, professional and institutional traders.

At Capital Spreads we pride ourselves on offering great value for money and an unrivalled customer service to our clients.  Via a Capital Spreads account you can trade many financial markets such as UK, European, US as well as other global equities, FX, indices, commodities and bonds.  With typical spreads significantly tighter than those offered by most of our competitors we offer a better value service to our customer base.  For example we quote just a 1 point spread on the UK 100 index and EUR/USD exchange rate*, during trading hours.

*Throughout 2012 our spreads have been fixed 100% of the time during trading hours.

While LCG attempts to ensure that the information herein is accurate at the date the information was produced, LCG does not guarantee the accuracy, timeliness, completeness, performance or fitness for a particular purpose of any of the information provided herein and under no circumstances are they to be considered an offer, solicitation to invest or be construed as giving investment advice.

Spread betting  and CFD trading carry a high level of risk to your capital and you can lose more than your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved.

Capital Spreads is a trading name of London Capital Group Ltd which is authorised and regulated by the Financial Services Authority.

SOURCE Capital Spreads