Best Charting Package for Forex?

G

gwb-trading

What is generally viewed as the best real-time charting and data-feed package for Forex? If a trader is using a Broker such as HotSpotFX that does not provide charting, what third-party package do most retail Forex traders use? Is it eSignal or another vendor?

Note that I normally trade stocks but am looking at Forex.

I appreciate any feedback.

Thanks,

- Greg
 
Quote from gwb-trading:
What is generally viewed as the best real-time charting and data-feed package for Forex? If a trader is using a Broker such as HotSpotFX that does not provide charting, what third-party package do most retail Forex traders use? Is it eSignal or another vendor?
- Greg
More...

Hi Greg,

There's a couple of options that might fit your needs from eSignal.
First, if you're trading via HotSpotFX, there's a pre-release version of ForexCharts by eSignal that couples HotSpot's real-time streaming data with eSignal's intraday & historical chart data, plus it includes trading and order management functionality.
Because its in beta, the trading part runs against their simulated environment, but if you're interested in providing feedback, let me know (email).

Another choice would be to use the interface between OANDA's data and QuoteTrader.
QuoteTrader is free a trading and charting application, and Oanda offers both streaming and historical data, so you can work with charts, FX dealing boxes, quote pages, a DOM and an account window, all free.
We've done a brief overview of getting started, but please let me know if you'd like more information: trading@quote.com

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Thanks,

Brent Threadgill
Integrated Trading Product Management
eSignal, QuoteTrader
tradingbeta@quote.com
trading@quote.com
http://www.quote.com/quotetrader
 
Quote from QuoteT_Brent:



Another choice would be to use the interface between OANDA's data and QuoteTrader.
More...

Very useful info, can this be used on an Oanda FXTrade Account (ie non demo)

Thanks
 
Quote from cabletrader:
Very useful info, can this be used on an Oanda FXTrade Account (ie non demo)
More...

Hi Cabletrader,

Yes it can be used with either OANDA's FXTrade or FXGame accounts. Just send an email to trading@mail.esignal.com, and requesting to have your OANDA account enabled for API access.
In the email provide:
1. Which account (fx-game or fx-trade) you'll be using.
Note: It's recommended to first enable your fx-game account and become comfortable with the software, then have your fx-trade account enabled.

2. The username(s) for the account(s) (respectively).

3. Your eSignal customer ID# and username.

Thanks,

Brent Threadgill
Integrated Trading Product Management
eSignal, QuoteTrader
trading@quote.com
 
MetaTrader is by far the best free forex charting available. Open a demo account with any MT4 broker and just use the charts.

If you don't mind spending a little, try Ensign. $40 a month... froex feed included.

~Mike
 
these days virtually any charting program will display fx data tho some may require a fee
to be paid for the feed, so you can choose whichever charting program you want
I use MetaStock with a feed from MetaQuotes via Alpari, Moscow who also provide a feed
for TS2ki, and also use MetaTrader 4
MT is the best free program and now has a massive user base, 3000+ indicators and
hundreds of Expert Advisors - auto trading systems and manual trading systems - forums
also there's several indicators that have been written that will link for eg MT with AmiBroker
realtime, and allow Advanced GET eod to collect all timeframes data updating by opening-
closing AG, same for Precision Trader and others
MT and other fx broker charting programs intergrate order entry in the program - if it's more
important to trade the exact price seen on the chart rather than using a standalone charting
program and separate order entry program via broker of choice, eg charting with MT and
order entry via IB or Oanda or HotSpotFX etc
 
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