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The world of Forex trading is vast, complex and fast-paced. To thrive in this environment, traders need the best tools available. One such tool that has drawn attention recently is the DLT Forex software, a unique trading platform that uses a local time display. This feature allows traders to optimize their trading strategies by keeping track of market hours and movements in real-time.
DLT Forex: A Brief Overview
DLT (Display Local Time) is an indicator that stands out for its ability to display local time using the GMT timezone. The software supports non-standard timezones, which can be crucial for traders who operate in different markets worldwide. This feature is particularly useful when trading in local market hours or when evaluating candles in a different time zone. Furthermore, the DLT Forex software provides detailed information about the candle, including its range, upper wick, body, and lower wick. This information can be accessed when the custom crosshair feature is enabled.
Enhancing Trading Strategies with DLT Forex
The DLT Forex software has additional features designed to optimize trading strategies. One of these is the session feature, which allows traders to know the best times to trade. The software has four standard sessions – London, New York, Sidney and Tokyo, plus one custom session. All session hours are displayed in GMT, while the custom session allows the user to select from GMT, broker or indicator selected timezone. The session’s range info is a valuable tool for analyzing a trade.
The DLT Forex software also has a countdown timer, a handy tool for traders where timing is critical. It allows traders to keep track of the remaining time for a particular trading session or event. Furthermore, the software includes a crosshair feature, which shows detailed information about a candle when the mouse hovers over the line.
User-Friendly Features of DLT Forex
The DLT Forex software is not only powerful but also user-friendly. It has buttons on the chart for sessions, custom crosshair, and broker time scale, each with a keyboard shortcut for quick and easy access. The software also allows for customization, letting the user show or hide various features as per their preference.
For accurate backtesting, traders can manually set the broker timezone. The DLT Forex software can automatically check the broker timezone, eliminating the need for manual adjustments during live trading. Furthermore, the software recommends installing the Arial Narrow font for an optimal display.
Frequently Asked Questions about DLT Forex
1. Where can I see independent testing of the DLT Forex software?
Independent testing of the DLT Forex software can be viewed on the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product.
2. Can I share my experience of using the DLT Forex software?
Yes, users are encouraged to share their experiences. This helps other traders understand the software better and make informed decisions.
3. Is this an independent product review?
Yes, this is an independent product review. It is written in the third person and does not contain any proprietary terms like “our” or “my” product.
The DLT Forex software is a unique tool in the Forex trading arena. With its local time display, session features, and user-friendly interface, it aims to optimize trading strategies and enhance the trading experience.
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