Do not invest more money than you can afford to lose.
Protrader Multi-Connect (PTMC), a trading platform for forex and contracts for difference (CFDs), said on Tuesday it has added Option Master, a new analytics tool for option traders using the platform via Interactive Brokers or IQFeed. The tool allows investors to analyze option positions by different parameters and conditions and then execute them.
PTMC added connectivity to IQFeed and Interactive Brokers in early July and late August, respectively.
For option traders, PTMC has also made symbol mapping faster by enabling mapping of all strikes and all available series simultaneously for a selected trading instrument. The Symbol Mapping Manager creates a connection between different data feeds and trade routes, allowing users to customize the desired connection. For instruments with a wide list of options series, the newly-added feature is very time-saving.
The platform has also made the following slight improvements:
- .NET Framework made easier to use – the tool has been updated to a new version (4.5) which includes language and framework enhancements for C# and Visual Basic. Traders can now more easily write asynchronous code using the two programming languages, thanks to a more responsive UI and an improved application scalability.
- Volume Profile with filters – traders can apply filters for any parameters (volume, delta, trades, etc.) and display only the most significant levels or show Total values for the entire profile.
- Indicators displayed at desired TF – the platform now shows an indicator or a drawing on a desired time frame.
- Hotkeys for quick management – added ability to control panels via the hotkeys – three buttons are currently available (next panel, previous panel and full size panel).
All the above-mentioned enhancements are part of PTMC’s latest build and are available since 24 October, 2016.
PTMC is a product of trading software developer PFSOFT, which is also the developer of the Protrader trading platform. It was released in January 2016. The platform is free and can be used by both institutional and retail traders and is available for desktop and mobile devices, as well as in a web-based version. It features a wide selection of tools for multi-asset trading, alerts watchlists, smart chart trading with multiple chart types, drawings and studies, as well as fully customizable interface.
Brokers that offer the PTMC platform are LMax Exchange, FXCM, Oanda, Protrader and Interactive Brokers and data feed providers IQFeed and Quandl, while others are yet to be added. Those on the waiting list are Dukascopy, FxPro, MB Trading, IC Markets, Exante, Forex.com and others.
Poland-based PFSOFT is a provider of professional trading technology and solutions to brokers, banks, and exchanges. It serves clients from across the world, including in North America, Australia, Asia, Great Britain, Poland, and South Africa.