What gives a high chart responsiveness to a trader?

By Binomo

Oct 24, 2022

Level: General

Reading time: 2 min

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In this article, we would like to explore one of the most common pain points of the modern trader: issues with trading charts.

However, before we dive into the topic, let’s first understand what a trading chart really is. Basically, it shows information that helps you make your trading decisions easier. Trading charts come in with a wide variety of options: from basic graphic tools to advanced indicators to supporting multiple windows in one. For example, Binomo offers 4 types of charts:

Line chart
Bar chart
Mountain chart
Candle chart

With that being said, how about we take a closer look at some of the most popular features all trading charts should have?

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1. Fast execution

Ever noticed how some charts are not as responsive as you would like them to be? For example, you click on the “BUY” button and the trade is executed 1-2-3 seconds later? Or you have applied a couple of indicators or entered multiple trades and the computer already starts to lag? It may look like this:

However, there is no need to experience those issues anymore! We have improved the technological aspects of our trading chart, so that you can experience how good it’s become.

Check out the example below:

Now the chart has a higher speed of trade execution as well as gives you more control over the trades you make. Feel free to apply as many indicators and open as many trades as you wish with no fear of further lagging.

2. Simultaneous multiple windows support

Not all platforms offer that kind of service, however, that is something lots of traders require for stable trading. Those platforms that do offer this require a pretty advanced laptop or PC that not everyone has. With a new and improved chart, Binomo will not only provide the multi-windowed support, but also will keep your laptop’s CPU load low.

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