We’re happy to announce the completion of a long due plan – the change of charts used in the Myfxbook website. You might not even noticed the changes as we’ve made sure to make it look exactly as before, however during the past few weeks we’ve been replacing the charts in each section and the changes are major:
– The charts are no longer Flash based but HTML5, meaning they load several times faster.
– Unlike the Flash charts, the new charts are fully printable.
– You can hover over the chart and see a floating tooltip (you do not need to point to the exact data point):
– You can now zoom-in into a chart and finally see what’s going on without performing custom analysis:
We’re proud to announce that in the recent London Summit held by Forex Magnates, Myfxbook has won the 1st place in the “Best Social Trading Network” category!
The award was picked up by Carolina May, CEO of FXStreet, which are responsible for taking care of Myfxbook’s marketing on a day to day basis.
We would like to thank those who voted for us as well as thank our users who always come up with great ideas and suggestions for Myfxbook and find our service indispensable in their trading.
We’re happy to announce the official Android App of Myfxbook – a must have for any forex trader! We’ve invested a lot of thought into the app, making sure you have everything you need at the tip of your fingers 🙂
The Myfxbook Android app currently offers the following features:
– A real-time market quotes section for over 60 different currency pairs. You can set unlimited alerts for different levels.
– A real-time economic calendar with full event data which you can filter based on impact and currency.
– A real-time market news feed which you can filter based on currency.
– A live portfolio section as configured in your Myfxbook profile.
– A live community outlook section with complete data of each currency. You can set unlimited alerts for different levels.
When using the app you will notice superior performance as well as zero ads! Yes. the app is completely free! 🙂
Screenshots of the app:
EURUSD Forex Community OutlookForex Community OutlookForex Economic CalendarForex PortfolioForex Economic CalendarForex QuotesForex AlertsForex News
Here is some feedback we’ve already received from users:
“Best app for forex traders It just changes everything. Even with an extremely busy schedule i can stay informed about every news release to understand what is going on in the markets.”
“Killer app for traders If you aren’t journaling your trades, myfxbook is for you. If you are journaling your trades, myfxbook makes it easier. Killer app! Love it”
“The best app I’ve tried”
Get the best forex app here:
We’re working on more features and sections for the App, so if you have any suggestions or feedback, do let us know at [email protected]
Important to note that several top accounts were disqualified for multiple accounts under different identities.
Unlike previous contests, almost 50% of the accounts were margin called which can be explained by the trending market. Profitability of winning and losing accounts was similar, roughly 70% win/30% loss, yet average win for winning accounts was 7 pips versus an average of only 2 pips win for losing accounts – traders who were on the wrong side of the trend couldn’t let their winners run.
We’re excited to announce another super advanced section (which is yet again another powerful tool for any trader, unique to Myfxbook!) – Patterns:
Trading Patterns
Any technical trader knows that searching for a pattern in a chart is a very tedious task and time consuming task – well no more! The new section allows you to view in real time, 60 different trading patterns for over 60 different symbols in 9 different time-frames in a single glance! Our systems will constantly scan the prices for patterns in real-time and will show you (in real time) of any such pattern forming. Not only the pattern is identified, but it is immediately seen if it is a bullish pattern or a bearish one. For your convenience, each pattern has a complete definition.
Important to note that some patterns are neutral ones and so you’ll have to determine the bias (bullish or bearish) on your own. A bullish pattern will be marked with an up arrow (), a bearish one with a down arrow () and a neutral one with a orange circle ().
You can either check the Pattern section to view selected symbols and patterns, click on a specific symbol to view its selected patterns or click on a pattern to view where the pattern occurs with selected symbols only.
The pattern section covers the following patterns:
), a bearish one with a down arrow (
) and a neutral one with a orange circle (
).