MyFundedFutures Launched a New Trading Indicator for Tradovate Users
TheTrustedProp
Date: October 30, 2024
MyFundedFutures has recently announced something exciting for its traders—a new trading indicator called 'Pulse' which is designed especially for MyFundedFutures users who use the Tradovate platform. This new tool is all about giving traders real-time insights into market sentiment, making trading decisions a lot easier and faster. Let’s take a closer look at what Pulse is, how it works, and why it’s such a game-changer for MyFundedFutures users.
About MyFundedFutures:-
Before getting started let’s talk about MyFundedFutures first, MyFundedFutures is one of the top Futures prop firms in the whole Prop Firm Space and is operating under the legal name of MyFundedFutures LLC and the company registration no. is 2401134. MyFundedFutures is based in United States and is under the leadership of CEO Matthew Leech.
So What Is Pulse?
Pulse is a new indicator that lets traders see the current market sentiment in real time. In simple terms, it helps the trader understand whether the market is feeling bullish or bearish based on the actual volume of trades happening at that moment. Instead of just guessing or relying on past data, Pulse gives traders the live information about what’s going on in the market right now.
Key Features of Pulse
Pulse has several features that make it special. First, it provides real-time data, which means the information that a trader sees is always up to date, which allows them to act quickly. It also uses visual gauges that show traders the market pressure, so traders can instantly see whether buyers or sellers are more active.
Another great feature is that it shows traders the average long and short prices of trades happening across the market, helping traders make better trading decisions.
Coverage of the Top 10 Instruments
Pulse is designed to offer comprehensive coverage of the top 10 trading instruments. These include:
- ES (E-mini S&P 500)
- MES (Micro E-mini S&P 500)
- NQ (E-mini Nasdaq 100)
- MNQ (Micro E-mini Nasdaq 100)
- YM (E-mini Dow Jones)
- MYM (Micro E-mini Dow Jones)
- CL (Crude Oil)
- MCL (Micro Crude Oil)
- GC (Gold Futures)
- MGC (Micro Gold Futures)
Advantages for MyFundedFutures users:-
This tool is be specially connected with all the MyFundedFutures users and give all the valuable insights without mentioning any individual trades. Not only that, one of the best features is that this indicator updates every second and it can be seen when traders will access aggregated market sentiment.
Conclusion
With the launch of Pulse, MyFundedFutures is once again showing its commitment to helping traders succeed. This new tool gives traders real-time insights into market sentiment, helping them make smarter and faster decisions. Whether you’re trading the S&P 500, Nasdaq, or crude oil, Pulse will give traders a clear view of what’s happening in the market, making it a powerful addition to any trader’s toolkit.
FAQs
What is Pulse?
Pulse is a real-time market sentiment tool launched by MyFundedFutures that helps traders see whether the market is bullish (optimistic) or bearish (pessimistic) based on the volume of trades.
When will Pulse be available?
Pulse will be available for MyFundedFutures users starting October 29, 2024, on the Tradovate platform.
What markets does Pulse cover?
Pulse covers the top 10 trading instruments, including the S&P 500, Nasdaq, Dow Jones, crude oil, and gold.
How does Pulse work?
Pulse analyzes the volume of trades happening in real time and gives you a clear view of market sentiment, showing whether buyers or sellers are more active.
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