Trendo Trading Platform Update Announcement, Version 5.0.50
Dear Trendo Users,
The new version of the Trendo trading platform (5.0.50) has been released and is now available.
This update primarily focuses on expanding trading tools and technical analysis features, improving the risk and money management system, enhancing the Referral section, and increasing platform stability, enabling users to manage their trades with greater speed, accuracy, and flexibility.
Key Changes in Version 5.0.50
Direct order placement using the Position Long and Position Short tools
Addition of 4 new indicators and 1 technical analysis tool
Improved performance of the Envelopes, Ichimoku, and RSI indicators
New analytical reports in the Referral section
Increased stability and fixes for issues reported in previous versions
Direct Order Placement Using Position Long and Position Short Tools
In this version, the Position Long and Position Short tools, in addition to calculating trade risk and potential return, now support direct pending order placement.
Previously, traders could use these tools to calculate the entry point, Take Profit, Stop Loss, Reward/Risk ratio, and appropriate trade volume. However, the information had to be entered manually to place an order.
This process is now fully integrated. After defining the entry zone and configuring the trade parameters in the Position Long or Position Short tool, you can place your pending order directly from the chart and at the exact selected price level with just a few clicks.
Benefits of This Feature
Faster order placement without re-entering information
Reduced risk of errors caused by manual order entry
Simultaneous calculation of trade volume, Take Profit, and Stop Loss
More precise risk management before entering a trade
Faster execution of trading strategies directly from the chart
This feature integrates the analysis, money management, and order placement processes, allowing traders to manage their trades with greater speed and accuracy.
New Technical Analysis Indicators and Tools
This version introduces a collection of new indicators and tools to the Trendo platform, enabling traders to perform more precise and advanced technical analysis directly on the chart.
Chandelier Exit
This indicator is designed for Stop Loss management and identifying suitable trade exit points. By taking market volatility into account, Chandelier Exit helps traders manage their Stop Loss levels more effectively and better protect potential trading profits.
FVG or Fair Value Gap
The Fair Value Gap indicator identifies price gaps created in the market. This tool is widely used in price action analysis and Smart Money concepts to identify potential areas of price reversal or trend continuation.
SMC or Smart Money Concepts
The Smart Money Concepts toolset is designed to analyze market structure based on the behavior of large market participants. These tools help identify trend structure, liquidity zones, and potential entry and exit points.
TSI or True Strength Index
TSI is a momentum indicator that measures the strength and direction of price movements. It can be used to confirm a trend or identify potential changes in its direction.
Horizontal Ray
The Horizontal Ray tool allows traders to draw continuous horizontal lines from a specified point. It can be used to mark support and resistance levels, supply and demand zones, and other key price levels.
The addition of these tools provides traders with broader analytical capabilities and makes it possible to implement a wider range of trading strategies on Trendo.
Improvements to Existing Indicators
In this version, the performance of the following indicators has also been improved, and issues reported by users have been resolved:
Envelopes
Ichimoku
RSI
These improvements provide more accurate calculations, greater stability, and a better user experience when using these indicators.
Advanced Reports in the Referral Section
The Referral section has also been updated with new information and reports, allowing users to review the performance of their referral network in greater detail.
In addition to the previously available information, you can now view:
The trading volume of each referral
Income generated from referral activity
More detailed reports on referral network performance
This information helps users better analyze the performance of their referrals, more accurately evaluate income generated through the Referral program, and manage their referral network activities more effectively.
Other Improvements
Alongside the new features, this version includes several improvements to the overall performance of the platform, including:
Increased stability and smoother platform performance
Optimization of technical analysis tools
Fixes for issues reported in previous versions
Updating the Platform
To access the latest features and improvements, please update your Trendo trading platform to the latest version through one of the following channels:
If you have any questions or need further assistance, the Trendo Support Team is available 24/7 to help you.
Sincerely,
Trendo Team