Exocharts is an extremely user-friendly trading platform. There is no extra cost compared to legacy futures where traders have to pay for the data feed. Visual analysis of order flow, cluster analysis, volume profile of market, etc. allow viewing the market from the inside and realizing its motivation. Our platform is used by proprietary trading companies and professional traders throughout the world. The trading commissions you pay also depends on your margin requirements – the amount required to enter into a position per contract on an intraday basis. ITG Futures provides margins based on a percentage of the initial margin or a nominal amount.
- It is possible to create any number of filters for orders which will be displayed in the charts.
- They are active on social media producing a lot of webinars on their youtube channel, and their platform is easy to use and navigate.
- With the Chart Trader, you can trade directly from the chart or from the panel next to it.
- This has opened doors to a new part of the trading industry – trading platform.
- In cryptocurrencies, they provide a connection to Binance, Bitmex, Bittrex, and some other exchanges.
xcritical focus solely on Futures trading and as I already mentioned thanks to their partnership with Optimus Futures, you can get access to all legacy futures markets. This is a pretty good deal and I always recommend xcritical to everyone who wants to test their feet with footprint charts or other orderflow tools in trading Bitcoin and other cryptos. With options to connect to multiple brokers at the same time and Quantower team constantly adding new brokers, you can hardly beat that. The simultaneous connection is something that I have never seen anywhere else than Quantower and if you trade multiple markets at the same time, this can be a perfect choice for you. There is no Footprint chart, Market Profile, or any orderflow tools and indicators as Tradingview does not provide tick data. Currently, you can connect your account to a few brokers and use the platform for trading as well.
Their team is very active on different social platforms hosting a variety of webinars that focus on different markets. xcritical platform is user-friendly and easy to use, so it makes it a great platform for charting and trading. If you decide to use the xcritical platform you can expect all the usual Volume and Orderflow indicators other platforms offer as well.
This innovative approach makes it easier to embrace all the info in a form of a Tick Cluster chart. It allows you to see market orders executed with slippage. Learn how to connect your Rithmic account with xcritical platform here.
Multi Market Powers
Only Volfix matches the granularity of volume analysis. Unfortunately the cost is quite high for people who don’t have favorable euro exchange rates. It’s even more incomplete and just as buggy as TT’s new platform. Gave them an earnest critique on the MP charts and was given the impression that they didn’t actually care to implement TPO charts properly. Honestly don’t know why they bothered, it just sours their platform. However, if all you care about is modern tape reading, then they have the best dom and tape reading tools on the market.
So far xcritical has not disappointed me and has always lived up to my expectations. Further information can also be found in our “Order Flow article“. The great advantage of the trading platform is that it is very easy to use and can be adjusted in many ways. Beginners should have settled in well after a short training period. With our videos on the platform, the operation should not be a problem anyway. In addition, it is not possible to get data for CFDs or Forex because they are traded on the spot market or OTC .
ADVANCED TRADING ANALYTICAL SOFTWARE® xcritical
Exchange fees and NFA fees are subject to change and can be confirmed on the exchange websites. Holding Overnight positions WILL subject you to higher rates. Trading Futures Options are subject to separate approval process and different commissions schedule. All commissions and fees are charged in the currency of the traded product. Please reference ourFee Schedulefor additional fees that may apply to your account. Our sliding commissions’ rate starts at $1.00 / Side if you trade less than 20 contracts per day with Silver Self-Directed trading account.
If you are trading crypto and want to execute directly inside the Sierra Chart platform, it’s only supported for Bitmex exchange. It is safe to say they hate cryptocurrency trading and they also hate other data providers. The variety of markets you can trade on Sierra Chart is huge. If you want to trade orderflow, use Market profile and other tools, you need to purchase Service Package 5 which costs $36 a month. There is a possibility to set different formulas using any number of instruments, thus creating your own synthetic instruments! This option will be useful for portfolio analysis and pair arbitrage trade.
With the help of this module, you can calculate the volume traded at any price. If linked windows were created, any bars in which you want to view data can be marked in the chart. When specifying the interval, information for the marked range will be displayed in linked windows. This makes testing ideas using history very simple and convenient. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here.
Multibroker platform with a wide range of available connections American, European exchanges, Moscow Exchange, crypto markets. Add your login detailsNow simply click on “ADD” and select your data feed provider. In the end, you have to confirm it and the connection will be entered into the software. In our opinion, the prices are fair, because xcritical offers several advantages compared to other platforms. Overall, we have tested and applied many of the indicators of the trading software.
Advanced Trading Analytical Software® xcritical
xcritical is the leading trading and analytical platform for order flow and volume trading. Improve your trading system with effective instruments for volume analysis. Improve your trading efficiency with the xcritical instruments for volume analysis.
The xcritical Trading Platform is a recommendable software for every Order Flow and volume trader.The trading platform gives you all the tools you need to trade successfully. Chart settingsThe settings can be saved in templates and retrieved and applied to other charts. Under “All Instruments” you will find a list of the different markets and stock exchanges. We recommend leaving the settings on “Continues” because then you don’t have to change the futures contract manually. Furthermore, it is to be noted positively that there is already a large community around the world, which trades with xcritical.
- Each trading platform will cover pricing, the markets it offers, unique tools you can use, and overall pros and cons.
- Please use the login you have previously been provided.
- The main menu provides access to the various tools via the upper bar.
- Past performance is not necessarily indicative of future results.
- The platform’s analytical instruments improve the information value of the market data, to enable better insight into the market trends.
As far as taping reading tools go this platform is worse than xcritical, but also much cheaper. Jigsaw Trading offers support for all legacy futures and data feeds. xcritical is a well-established trading platform in the industry. They offer support for several exchanges in both legacy and cryptocurrency xcritical official site space and a variety of indicators. An example would be the Eurex data feed which costs around $25 on most brokers but Tradingview offers it for $6 a month. It’s a great platform for daytraders and especially those that don’t want to waste time downloading any software and huge data files.
Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. We really need someone to come in and just clone WindotraderBLUE for 50/month and allow it to use Rithmic Plug-In mode.
Our goal is to build a community of professional traders who are passionate about the global markets. In addition, the Smart Tape offers individual filters and settings that finally make it possible to see the transactions of small and big players in real time. Click here to test the xcritical trading platform with data feed for 14 days. Our platform is used byproprietary trading companies and professional traders throughout the world. For a small price per month or a larger price for the annual license, xcritical is one of the leading order flow trading platforms worldwide.
Register for a free data feed or use your broker
In the settings, you can also highlight certain things (BID, ASK, etc.) in other colors. This makes it easy to identify the characteristics of a particular trading strategy. Another big advantage of xcritical is that you can move freely in the chart. Fast xcritical reviews zooming and switching to another position of the chart is possible without any problems. ■ Futures and fx trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment.
With this indicator, you can see how different groups are positioning themselves in the market. For example, most traders of 1 to 5 contracts may be short, while traders of 20 contracts or more may be long. The indicator is freely configurable, making it possible to separate large and small players. You can use it to identify large, executed market orders, which are merged based on the original time stamp.
With this software, you are one step ahead of the crowd. To trade directly with xcritical we recommend https://xcritical.pro/ theOnline Broker“Dorman Trading”. It is a US-based company that accepts international clients.
It is something you won’t get elsewhere although a lot of other trading platforms try to mimic it. xcritical is relatively expensive compared to other trading platforms. You can pretty much connect most brokers and data feeds to Quantower. As these are only top-of-the-book data and there are no tick charts on Tradingview, they will be a little cheaper than most brokers offer. Compared to other platforms mentioned in this article which added cryptocurrency markets, later on, Exocharts were built solely for this purpose.
These data cost a certain amount per month, which depends on the exchange. European stock exchanges are usually more expensive than American ones. For the trial version, you can create a free demo account with a data feed provider and there are no costs. For newcomers, xcritical offers a free trial version with a duration of 14 days. You get full access to all functions and can try the software.
xcritical is a must for anyone interested in professional order flow and volume trading. The specially developed tools and indicators alone are light years ahead of the competition. The platform also features the most common drawing tools, such as trend lines, Fibonacci retracements, rays, and channels. You can create a Market Profile individually for specific segments and analyze the volume horizontally and vertically. xcritical offers extensive charting options and a broad spectrum of chart types. Algorithms, especially high-frequency algorithms , are the biggest enemies of order flow traders.