The BDSwiss group has launched a new automated trend analysis tool on its WebTrader platform. This latest feature is powered by artificial intelligence (AI) and monitors thousands of instruments in real-time, providing traders with a unique and improved experience.
How Does It Work?
The integrated toolkit automates technical analysis, helping investors identify prime trading opportunities. Trendline overlays are available on an extensive list of CFDs that include forex, shares, and commodities.
The algorithms powering the new tool are based on machine learning and feed into an intuitive live dashboard that presents BDSwiss traders with optimal trade setups.
The Trends Analysis tool analyzes a vast amount of data points, including earnings reports, economic announcements, and third-party data to forecast future price action. Opportunities are displayed on live charts, where traders can execute positions via a self-adjusting order panel. The tool can also automatically adjust risk management parameters to enhance execution speeds while protecting trader capital.
The Chief Technology Officer of BDSwiss, Christos Alatzidis, commented on the latest feature, saying, “In trading, timing is essential; even milliseconds can make a big difference.”