Archive for June, 2012

Aggregate positions added to Trades

Wednesday, June 20th, 2012

With over 3,000 Trade Explorers actively synchronizing with brokerage accounts, we can now develop some very insightful applications using the aggregate data. Our first such creation is an application called Positions. Located on the Trades page, under the Leaderboard, Positions gives unprecedented insight into how forex traders are currently positioned in the market.

Positions only includes live accounts (no demos), and goes far beyond the traditional long-short ratio. For example, it displays ratios in terms of both traders and lots, tells you which traders are long and how many lots they’re carrying, shows you the lot-weighted average entry for all trades, and it displays historical ratios via interactive graph!

The aggregate numbers are made fully transparent by listing every trader that makes up the aggregate. For traders who have their Trade Explorers set to ‘Public,’ you can click through to their Explorer to see details about their position, and for those set to ‘Private’ or ‘Buddies,’ their positions are included in an anonymous format. Please note that traders who opt out of data aggregation (via Trade Explorer permissions) are not included in aggregate metrics or lists.

While there’s a bit of a learning curve, once you master Positions it can be a powerful tool that improves your edge in the market. If you have an idea for making it more useful, or if you run into any bugs, please let us know!


Posted by Scot, Forex Factory Senior Developer

Live spreads added to Brokers

Monday, June 4th, 2012

Traffic to the brand-new Brokers product has exceeded all expectations — we’re glad you guys like it!

We recently launched several new features that make the broker guide even better! Most notably, the spreads now update live! So not only are spreads real-time, but they now automatically update in sync with the brokers’ platforms. :)

For live spreads just check the ‘Live’ option in the top-right of the Spreads section, or use this permalink: http://www.forexfactory.com/brokers.php#spreads

When spreads are live, a green flash signals the spread became more favorable to the trader (tighter), and a red flash signals it became less favorable (wider).

Another cool improvement is that you can now pare down the list of brokers by where they’re headquartered, their regulator, or who they service. You can also select specific brokers for comparison purposes — it’s all part of the Flex Box settings.

We hope you like the new features! If you have any ideas for further improvement, please comment or contact us!


Posted by Sidney, Forex Factory Director of Marketing