ProAct enhances education tools to maintain engagement
Forex trading education platform, ProAct Trader, is now offering SeerScanner, a custom white-labelled, market-event-driven scanner for forex educators. Developed by Seer Trading Systems, the automated tool identifies technical events and allows ProAct Trader to keep users engaged once courses have ended, and to expand its offering.

UK-based developer Seer Trading has announced that ProAct Trader Inc. is now offering the latest addition to its product suite, SeerScanner - a custom white label, market event driven market scanner for Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term educators.

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SeerScanner has been designed to automate the task of trying to spot setups based on technical events. It allows educators not offering ongoing services the ability to keep users engaged after courses end as well as expanding their offerings to provide additional revenue streams.

Jeremy White, founder and CTO of Seer Trading, commented: “Having successfully integrated Seer Trading and Seer Hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term with two leading Forex brokers, we began to receive inquiries from not only self directed traders, but also educators, who had realized that leading trading platforms offered no such comprehensive scanning tools.

A trader would otherwise have to use their platform of choice with as many charts and individual indicators open on their screen as physically possible and then spend hours just staring at the charts waiting for the setup to occur. SeerScanner now fully automates the scanning and alert process over all instruments that a broker may offer.”

He added: “At the same time we realized that we had the ability to offer a solution that could be white labeled and customized to meet the educators proprietary trading rules and set ups without the normal bespoke development costs - that were prohibitive to smaller educators. The SeerScanner can provide the results of market scans through multiple mechanisms, including, White-label, HTML5 as well as via MetaTrader4/5 scanning the entire market across multiple timeframes for technical events through a single MetaTrader chart.”

Scott Barkley, co-founder and President of ProAct Traders Inc, commented: “We are delighted to say that our clients have embraced the SeerScanner product. The product has enabled us to boost our annuity revenue, increase customer retention, and most importantly it provides our students with the ability to break free from their desktop when monitoring markets.”