DailyForex, a provider of forex reviews and news solutions, said on Thursday it has released an update to its mobile application for Android and iOS devices, which introduces instant push notifications that would alert traders every time certain price triggers are hit.
The new feature sends app users immediate push notifications when significant price events happen to the major currency pairs. Events are selected based upon real-time price events and other market triggers, rather than news or indicators. This aims to filter most unnecessary notifications that similar services offer.
“Traders tend to find better success when they focus on the price and not lagging indicators,” said Adam Lemon, chief analyst at DailyForex.”I know that these notifications will help thousands of users, and I hope we can expand this feature soon to make it even more useful,” he added.
Each push notification displays a direct headline that indicates the market action. It can be opened into a more detailed message that explains the significance of the price event.
DailyForex, launched in 2006, provides information and updates related to the forex market. Its mobile app has forex signals, trading strategies and technical analysis, as well as forex forecasts. The Android version has been downloaded 50,000–100,000 times, according to data from the Google Play Store.