TradeMaker

FX TRADING IDEA TOOL

TradeMaker is a Saxo bank's real-time trading idea generator for the Forex trading market, which is available through our downloadable online trading platform, SaxoTrader, and our browser-based trading platform, SaxoWebTrader. 

TradeMaker provides Entry, Target and Stop price levels for daily and intraday trading ideas on major currency crosses. Each idea is linked to an intuitive chart image displaying these levels and to explanatory text. A pre-populated trade ticket then facilitates fast execution.

EASY FOREX TRADING

Clients are notified when TradeMaker’s trading ideas are published (at 07:00 GMT, with an update at 13:00 GMT), by the appearance of a light bulb icon on the TradeBoard, FX Board, Charts, Chat and Instrument Selector. Once the trade idea has been acknowledged by the user, the TradeMaker light bulb will disappear until another idea is published on the currency cross.

If clicked, the light bulb icon launches the TradeMaker module, which contains a description of the idea, a chart image displaying entry, target and stop price levels, and a populated trade ticket. The client can then amend the account, volume and order prices according to their personal preferences.

FOREX TRADE TRACKING

Once the user has executed the TradeMaker trade idea the related orders including entry, target and stop will be displayed on the chart. The open orders module will display the TradeMaker lightbulb icon and link the related orders together in order to efficiently track trade idea orders.