XChief

XChief is a Forex broker that provides a trading platform, allowing users to execute trades seamlessly. By integrating it with GoCharting, you can manage your trades efficiently and directly from the charting interface.

Integration of GoCharting with XChief for Live Trading

GoCharting allows seamless integration with XChief, enabling live trading directly from the GoCharting platform. By connecting via API, you can place orders on GoCharting, which will be transmitted to your broker for execution.

For a detailed walkthrough of the integration process and live order execution, please refer to the video below.

Use Case

GoCharting’s XChief integration allows forex and CFD traders to execute trades from GoCharting’s charting environment through XChief’s trading infrastructure, combining advanced chart analysis with XChief’s market access.

Strategy

Set up the XChief connection using your XChief trading account credentials. Configure the default lot size and account type in GoCharting. Test with a micro lot trade during the Asian session before trading standard lot sizes during peak sessions.

Common Mistakes

Do not use your XChief live account for testing the GoCharting integration. Avoid placing orders during high-impact forex news events until you are confident in the integration’s execution reliability. Do not ignore margin requirements on XChief CFD instruments when sizing positions through the GoCharting connection.