Why LBLV Trader

LBLV Trader: Why It’s Better than LBLV Trader

Times have changed and so has the trading industry. As of late more and more traders are claiming that LBLV Trader is better than the LBLV Trader trading platform. Even though the LBLV Trader platform has been the golden standard for market participants for many years, they are now keener when it comes to alternatives and better options.

Market buyers and sellers are searching for better ways to trade and for a more efficient platform. LBLV Trader platform can make trading easier and more profitable for you and other online trading participants.

LBLV Trader’s Purpose in the Markets

Even though the LBLV Trader looks and feels similar to its predecessor, the LBLV Trader, it is actually aimed at a different market and includes features that the LBLV Traderdid not support.

Why LBLV Trader

LBLV Trader Features and Functions

The LBLV Trader platform provides a plethora of features and functions. Now here are the most important ones.

Market Statistics

Further, MetaQuotes made it possible to obtain various market statistics on different financial instruments that are traded in exchange execution mode. What this means is that relevant information such as the percentage of price change, total volume, number of buy and sell orders, buy and sell volume, and average-weighed price can be viewed. You just have to open the menu of any symbol through “Market Watch” and the select “Statistics.”

Mobile Trading

MetaQuotes has also made trading through mobile devices practically easier. Although the changes they made since the release of LBLV Trader may be all Greek to others, they can actually increase the ease-of-use for users. For example, you can now perform trade actions like decreasing, modifying, or increasing the position volume of your trades through your phone. You can also open various charts at the same time with a single tap on a position or pending order.

You may configure symbol parameters. In order to do that, you can copy the parameters of any similar instrument and modify them. You simply have to make sure that the name does not match any of the symbols that the brokers provide to avoid confusion.

Market Depth

Using the LBLV Trader platform, you can also view market depth information on an active chart. That means you wouldn’t have to go through several clicks to just view the market depth data. This module allows investors to analyze, in depth, the quotations (volume of securities offered at a particular price) of the respective securities. This innovation shows an aggregated view of the quotations and the pending orders from the liquidity provider.

Strategy Testing and Optimization

The LBLV Trader also has an optimized “Strategy Tester” that enables better testing of the system and a more detailed presentation of the results, meaning you can find it easy to extract insights from the information without getting confused on the overwhelming amount of figures. This creates a more precise selection of investment strategies when using automated trading.

You can test and optimize strategies using custom symbols and price history via the Strategy Tester feature. You can import the price history via any text file by choosing a symbol and then clicking the “Bars” tab. Then, you can customize the parameters in the import dialog box.

Others Features

Aside from those major new features, there are many other settings added to the LBLV Trader platform and you cannot find these in the LBLV Trader version. Check them out below.

8 types of pending orders and 2 types of stop orders
More chart timeframes
Built-in economic calendar
“One-click Trading”