Autochartist Software
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, 06-26-2014 at 04:08 AM (1021 Views)
Autochartist was established in 2004 and is currently servicing 45 of the largest and most successful on-line brokers and institutions. With a community of more than 50 000 traders in over 80 countries worldwide receiving well over 400 000 potential trade opportunities each month Autochartist has proven itself as the leading chart pattern recognition platform for Brokers, Market Makers and Educational Institutions.
Initially Autochartist was applied to US Equities on an intraday basis. This offered traders a new perspective on using chart patterns in their trading. Autochartist saved traders time by automatically sending alerts of formations, which in turn led to traders being able to spend time deciding which patterns offered the best potential opportunities in the marke
It provides comprehensive market analysis tools and report to assist traders making informed trade decision. It offer 6 key products benefiting traders in various analysis types :
1) Automated Technical Analysis - Receive automatic alerts of emerging and completed pattern formations. Read more
2) Performance Statistic - This feature allows traders to instantly view performance success rates of Chart Patterns and Key Levels reaching the forecast zone. Read more
3) Market Reports - Will provide you with a quick technical outlook of the markets for the next 24 – 48 hours. - Read more
4) Event Impact Analysis - A simple to read visual report that displays the impact that financial data releases events have had on Forex markets. Read more
5) Volatility Analysis - Provides traders with insight into the relative movements of instruments. Read more
6) Our Favourites - View a list of active potential trading opportunities that Autochartist has calculated to be statistically most successful based on past performance. Read more
Now Autochartist are available through forex brokers that implement Autochartist plugin directly into MT4 trading terminal. Real time data streaming is available for live account and demo account will be delay about 10 minutes.
For a list of MT4 brokers that offer Autochartist plugin can refer here Autochartist Plugin Brokers/.
Here are some example of autochartist plugin