Autochartist Visualizer

Autochartist Visualizer

73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. GKFX is a trademark and trading name of AKFX Financial Services Limited © 2019 AKFX Financial Services Limited – all rights reserved.

The tool is ideal for both beginners and advanced traders and will save you the time and effort it takes to identify patterns. One of the biggest brokers on the market that is in partnership with Autochartist and employs the Autochartist tools is Forex.com.

Autochartist tool scans hundreds of charts to identify predefined patterns as they form. Forex.com customers are able to receive live feeds regarding the latest developments in online trading and the formation of certain patterns. This way they will be able to act fast and execute the required trades in order to maximize profits. The company claims that it’s the leading provider of automatic chart identification and pattern recognition applications.

Technical indicators

Beside all these characteristics, this tool integrates smoothly with theMetaTrader 4 (MT4) platform, which grants you an opportunity to determine potential trade possibilities and act instantly on them. 76% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This technical tool covers Forex, futures,CFDs, equities, and spread betting markets, automatically determining technical chart pattern formations like wedges, bottoms, triangles, and tops. All users are warned by visual and audio alerts when they are completed and emerging patterns have been defined. So called pre-dawn charts are easily comprehended, as support and resistance levels are clearly illustrated.

Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website. Hercules.Finance is a financial education website powered by a team of Financial Specialists and IT experts, mainly introduce solutions of Forex, CFD and Commodity Investment, and a number of Payment Services. With more than 30 partnered companies all over the world, Hercules.Finance offers trusted and timely information for Investors and Users of the services.

To do this, you have to use two or three technical charts together in conjunction with each other. For example, you can initially look at the candlestick for developing reversal patterns. Then, see if the candlestick reversal pattern is happening at a significant Fibonacci level or occurring at or near an important support or resistance line. If all three shows the same sentiment; meaning they are converging at the same price level, there is a great possibility that a reversal is in the offing. You confirm this further by looking at the PowerStats to see if there are bulk orders waiting to be executed within the vicinity of where the candlestick, the Fibonacci, and the trend lines seem to converge.

Click ‘View’ in the Autochartist plugin to open the pattern you’re going to trade. One of the main drawbacks with using the Autochartist platform is that it can influence your bias.

• Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.
• Additionally, its technology enables users to monitor thousands of Forex financial instruments, 24 hours a day automatically, exposing trading opportunities as soon as they occur.
• Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors.
• Autochartist automatically plots support and resistance lines, catering to both breakout and swing traders.

AxiTrader is 100% owned by AxiCorp Financial Services Pty Ltd, a company incorporated in Australia (ACN ). Over-the-counter derivatives are complex instruments and come with a high risk of losing substantially more than your initial investment rapidly due to leverage.

Autochartist can also alert you to opportunities that you might not usually consider. For example, it might identify that a currency pair – USD/JPY for example – has become highly volatile following an announcement by the US Federal Reserve (Fed) or the Bank of Japan (BoJ).

The information presented does not take into account any individual’s personal circumstances, investment objectives, or risk tolerance and does not form a recommendation to trade by AvaTrade. It helps traders save a lot of time analysing the markets as it scans the market across all assets and timeframes for actionable trade opportunities.

Use the powerful Autochartist technical analysis tools in order to easily understand the trading opportunities in real time. Autochartist provides real-time trade setups for beginner and experienced traders alike. Trading opportunities are delivered to the trader via email, mobile applications with push notifications, within the client area and in the MT4/MT5 platform. Autochartist delivers 1000+ actionable trade ideas per month in financial markets across Forex, Metals, Indices, Commodities and Cryptos.

Chart patterns, Fibonacci patterns and Key Levels are identified in real-time while markets are open. First and foremost, Autochartist is an automated market scanning program, designed to save you time by analysing the markets on your behalf. It can alert you to opportunities by using technical indicators such as Fibonacci retracements as part of its market scanning capabilities.

The Autochartist plugin can easily define Fibonacci patterns automatically, and it can therefore visually illustrate certain levels at which either support or resistance is anticipated, according to theGolden Ratio theory. Levels like that can play an instrumental role in setting up stop-loss levels and identifying trading objectives. Potential broker partners are also no longer required to distribute any technical resources to have the tool as an offering to their account holders. This approach of delivering signals from the tool is particularly appealing to FX traders who frequently use MetaTrader. This tool also has a trial version available before you commit to purchasing, so you have access to a free Autochartist.

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Autochartist is often used on the MetaTrader 4 (MT4) platform, and you’ll get it for free when you download MT4 from IG. Autochartist is an award-winning automated technical analysis tool implemented on the MetaTrader 4 trading platform that identifies trading opportunities across hundreds of financial instruments. Being a very flexible tool, chart patterns provide beginner traders the opportunity to assimilate technical analysis into their trading plans, whilst still offering seasoned FX traders solid scanning functionality. It saves them a lot of time and highlights potentially lucrative trade opportunities, which a trader may miss otherwise.