November 21, 2023 marks the twenty-fifth anniversary of the Ord Oracle. Over the past quarter of a century, the Oracle has become a fixture in the FX trading and investment community. Many traders and investors rely on its growing database of metrics and analytics to provide insight into the markets and help them make informed decisions when trading. The Oracle is the brainchild of Thomas Ord, who developed the software with an aim to benefit traders and investors alike.
The Ord Oracle was developed with the purpose of collecting and presenting market data in a clear and user-friendly format. It follows in the footsteps of similar products, such as Bloomberg or Reuters, except it integrates all the information into one single platform. Through this platform users can access real-time information on currencies, commodities and other financial instruments.
The software also incorporates a variety of tools and analytics that helps traders and investors make more informed decisions. Its charting capabilities, for example, provide users with a bird’s eye view of the markets, aiding them in their decisions. It also includes features such as volatility analysis and AI powered technical indicators, which help give users a better understanding of the market’s movements.
Moreover, the Oracle makes it easier for traders to monitor their portfolios and track performance. It can alert users to market changes in real time, allowing them to adjust their positions accordingly.
All in all, the Ord Oracle has become an important part of the investment and trading community since its launch 25 years ago. It has enabled traders and investors to make better decisions and monitor their portfolios in real time, while taking the guesswork out of trading and investing. Here’s to the success of the Oracle for the next 25 years!
