Trading Central’s award-winning analytics now available in MT5
On Saturday, October 6th, Trading Central made their TC Alpha Generation line of technical analysis indicators available to MetaTrader MT5 users. This release helps make the proprietary pattern recognition and time-tested technical analysis trusted from Trading Central for nearly two decades, accessible to even more traders. TC Alpha Generation supports investor decision-making by offering three innovative indicators that represent market psychology and assist with identifying new trade opportunities and potential entry/exit points.
“Over the past few years, we've seen a major increase in demand for MT5,” announced David Sypher, Vice President of Product Strategy at Trading Central. “We're excited to launch our award-winning research through both MT4 and MT5 as it empowers a greater number of today's investors to make more informed and timely decisions.”
This release comes only two months following Trading Central’s wave of major modernizations to the original time-tested Alpha Generation package for MT4. Updates included an updated user experience, more focused analytics and an intuitive installer that makes it simple for traders to always have the latest and greatest from Trading Central.
Alpha Generation’s three premium analytics are superimposed onto the chart of commonly traded instruments in real-time and include:
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1- The Analyst Views Indicator acts as a traders go-to-source for an asset’s direction and key levels. Based on Trading Central’s proprietary analyst methodology, Analyst Views provides an instant view at the preferred direction as well as a pivot level to indicate when their alternative scenario is in play.
2-The Adaptive Candlestick Indicator combines classic candlestick theory with Trading Central’s unique quantitative and technical analysis expertise to select sixteen patterns that best represent market psychology and indicate a strong directional trend. This indicator superimposes any of these critical patterns on your asset of choice to help you make informed decisions.
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3- The Adaptive Divergence Convergence (ADC) Indicator overlays concise weight-of-evidence markers of potential long/short exit points over the candlesticks to help users identify trading opportunities.
Online Brokers looking to offer Alpha Generation in MT5 to their customers: Learn about Alpha generation
