Trading successfully is easier with Autochartist. Its advanced suite of tools automatically identifies chart and Fibonacci patterns. Monitor thousands of financial instruments 24 hours per day automatically uncovering valuable trading opportunities as they occur with this proprietary technology.
Its pattern recognition engines scan continuosly formations.
Subscriptions and Prices:
Autochartist 1 month US$49.95
Autochartist 3 months US$129.95 - Save $19.90
Autochartist 6 months US$199.95 - Save $99.75
Benefits of Autochartist
Intraday Scanning
Autochartist gives traders early notification of any potential trade opportunities throughout the day. It helps getting the most out of a trading day.
Pattern Alerts
Thousands of instruments are scanned during any given time. Autochartists help traders to plan their trade, and in turn, trade their plan, by delivering both audio and visual alerts and highlighting trading opportunities as they occur.
Quality Indicators
An automated visual analysis accompanies each pattern. It uses a combination of four unique characteristics in assigning a pattern's quality score.
Saves Time
Autochartist saves traders of all levels effort and time they are forced to acquire with years of training to recognize trading patterns. These predefined patterns are automatically detected due to scanning massive quantities of market price data.
Educational Support
The Autochartist service is accompanied by research and training materials that empower traders to best utilize chart patterns and Technical Analysis in their day-to-day trading. Interactive webinars are held each week, covering varied topics.
Trade Style
Support and resistance lines are automatically ploted, catering to both breakout and swing traders.
Highly Customisable Searches
Define custom search criteria that filter out any unwanted data, leaving only the chart pattern information most relevant to the personal trading style.
Software used and recommended by the best traders
Product tested and approved by Gonçalo Moreira, FXstreet.com Analyst
Chart Patterns
Autochartist covers Forex, Equities, Futures, CFD and Spread Betting markets, automatically identifying technical chart pattern formations such as triangles, wedges, tops and bottoms.
Users are notified by audio and visual alerts when emerging and completed patterns are identified. The pre-drawn charts are easily understood as support and resistance levels are clearly illustrated.
A truly versatile tool, Autochartist Chart Patterns allows newer traders to incorporate technical analysis into their trading plans, while still offering seasoned traders the powerful scanning functionality which saves them time and highlights trade opportunities that may otherwise be missed.
Fibonacci Patterns
Autochartist automatically identifies Fibonacci Patterns and visually illustrates the levels at which support or resistance is expected according to the theory of the Golden Ratio. Such levels can play an instrumental role in setting stop-loss levels and determining trading objectives.
From straight forward extensions, retracements, and ABCD patterns, to more sophisticated setups like Gartley and Butterfly formations, Autochartist also has the ability to identify patterns that are in the process of forming. This highlights to Fibonacci traders where they need to focus their attention for the next high-potential trade opportunities.
PowerStats
The PowerStats toolkit provides traders with insight into the relative movements of forex instruments. This is very helpful when formulating new trading plans, or refining and re-evaluating existing strategies.
- Average pip movement in specific time frames
- Likelihood for upside or downside momentum (based on history)
- Maximum expected price movements (statistical highs and lows) across various time frames
- Expected price movements over weekday and hourly time frames
As an important Autochartist feature, together with Chart and Fibonacci Patterns, PowerStats helps traders to set stop loss and take profit levels, as well as helping them figure out risk and choosing the appropriate instruments to trade.
Key Levels
The technical analysis of horizontal support and resistance is based on levels where price will repeatedly reach lows (support) or highs (resistance) and are measured over periods of time, which is why the levels appear horizontally on a price graph.
Important price levels are identified and signals users when price approaches or breaks through support or resistance. Both these types of signals – Breakouts and Approaches – are delivered in real time.
Market Reports
Autochartist Market Reports are automatically generated using the trusted Autochartist Pattern Recognition Engines. Comparable in every respect to technical analysis reports delivered by human analysts (except that they contain no bias), they are delivered at an absolute fraction of the cost.
This allows brokers to provide timely reports (with the option of white-labeling) either via email or web, in a variety of languages. The markets and instruments covered in the reports can be pre-determined, to make the content relevant to a particular audience.
Money managers also benefit from Autochartist Market Reports by demonstrating to their customers that they are maintaining focus on what is happening in the markets throughout the trading day.
In summary:- Delivered at pre-determined times and in regular intervals
- Customizable for certain markets/instruments
- Wide variety of languages
- Can be white-labelled
- Delivery either via web or email
MetaTrader 4 Plugin
All features of Autochartist can now be delivered to your MT4 application via a custom plug-in that takes 30 seconds to install. This includes Chart patterns, Fibonacci patterns and PowerStats.
- Traders can now also easily launch the web-based version of Autochartist from within MT4 without needing to sign on again.
- Potential broker partners are no longer required to allocate any technical resources to have Autochartist as an offering to their account holders.
- This way of delivering Autochartist signals is particularly appealing to traders that regularly use MetaTrader and to whom Autochartist plays an important role in trade execution.
