Forex charting software packages give the trader choice of which information they use to define their trading plan, strategies and trading rules. Forex charting software will often be live feed data directly on to the traders monitor with prices being constantly updated.

It is then for the trader to use the Forex charting indicators and scripts to decide when and how to enter trades and when to pull out. Developers are constantly working on new versions of Forex charting software with a good number of upgrades as this area of Forex trading is hotly contested.