CPattern, provider of real time trading behavior analytics and TRADING CENTRAL, leading technical analysis research provider, had signed a collaboration agreement to deliver TRADING CENTRAL’s technical analysis through CPattern’s Guardian Angel tool to forex traders. With this collaboration, Guardian Angel traders will be offered TRADING CENTRAL’s technical analysis based on their activity as they trade.
CPattern’s Guardian Angel provides high quality personalized feedback to traders in real time to stimulate them to trade. The tool analyses each trader’s trading activity and analyses the trades with respect to market dynamic conditions. This had found to increase traders’ awareness to the market and challenge them to learn from their own experience. The collaboration is expected to improve their decision making and enrich their trading experience, which would result in even higher trading volumes and activity.
Oded Shefer, CPattern’s CEO said: “TRADING CENTRAL’s high quality content is an important addition to the Guardian Angel and we expect this integration to increase the value for our clients”.
The Forex industry suffers from high churn rates, sometimes attributed of to lack of sufficient experience and knowledge on the trader’s side. Brokers who use this combined service are expected to experience “hands free” extension of their clients’ Life Time by assisting to keep solo traders more profitable than they would be otherwise.
Julien Heiderscheid, Director of Sales & Marketing, TRADING CENTRAL stated: “After close evaluation of the Guardian Angel tool, we feel that it is highly effective and the ability to personalize our technical analysis is a big plus for our customers”.