Market Traders Institute Announces AutoTrader Charting Add-on to Assist in Forex Trading

Online, March 31, 2013 (Newswire.com) - Foreign Exchange, now considered one of the most lucrative investments, is characterized by frequently changing systems, tools and strategies. In order to stay ahead of the game and beat the odds, it is important to embrace innovation and maintain that edge. Methods, techniques and technologies for market analysis and trading execution, among other Forex trading essentials, will need to stay current.

Understanding the need to help make trades more efficient, Market Traders Institute, a company that specializes in Forex education and training, has introduced the AutoTrader Charting Add-on for students. The software, which works seamlessly with MTI 4.0 Charting, assists traders in analyzing the market and auto-executing trades to varying degrees.

The AutoTrader Charting Add-on integrates the Forex trading systems included in MTI's Ultimate Traders Package on Demand, within the MTI 4.0 Charting software and the FXCM broker account. Providing better control of trades in a hassle-free manner, the AutoTrader Charting Add-on acts as an automated courier for the trader's live or demo FXCM trading account, such that it is possible to place trades even while the trader is away from the computer.

"The ease of use and accuracy of the tool is impressive. I was lucky enough to get a peek at the software and I am hooked," says Joshua Martinez, president of Next Step Financial Holdings, Inc. and lead analyst of Analyst on Demand. "It's easy to use for traders of all levels and experience. It's something that the market has been waiting for, for a long time," he adds.

As noted, the new AutoTrader Charting Add-on allows traders to set the parameters to tell the software when to automatically place trades. As such, the trade can be set to the FXCM broker either automatically or semi-automated with selected approval. At present, the software exclusively communicates with FXCM accounts, but additional brokerage options are planned for future updates.

The AutoTrader Charting Add-on is just one of the many innovations embraced by MTI in its 18-year experience and expertise in helping traders from anywhere in the world enhance their Forex trading abilities.

To find out more about the new AutoTrader Charting Add-on for MTI students, please visit http://www.markettraders.com for additional information.