IG Announces New Indicators on Its Web Platform and Mobile App

IG Group, a British spread betting and CFD company, has announced enhancements to its trading platforms. Both Super Trend and Volume Weighted Average Price Indicators are now available to use on the company’s web platform and mobile app.

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The SuperTrend indicator works on all timeframes and all instrument types. It is the ideal tool to follow market trends, and can be used to calculate potential buy and sell indicators, or stop and limit levels.

The SuperTrend indicator changes colour to indicate a buy or sell signal. If the SuperTrend moves below the closing price, the indicator will change to green, signalling an entry point to buy. If the SuperTrend moves above the closing price, the SuperTrend moves above the closing price, the indicator will change to red, signalling an exit point to sell.

The volume weighted average price is an indicator used to provide the average price at which a market has traded at throughout the day, using both price and volume in the calculation. It can help to give a view on the value of a market and also its trend.

Last month, IG has announced the expansion of its offering by adding new ETFs that provide exposure to space and travel industries​.