Key Autochartist advantages:
Automated technical analysis
Trends and patterns take time to identify. Autochartist can generate notifications when emerging and completed chart patterns like Triangles, Wedges, Tops and Bottoms are identified. Additionally, an illustrated forecast range on completed patterns indicates expected price levels.
Traders can review a range of performance statistics to see which trade setups have or have not worked over the past 6 months. This analysis is provided for completed Autochartist Chart Patterns, breakout Key Levels and approaching Key Levels.
Understand the personality of the markets and instruments you choose to trade. Get useful information such as times-of-day markets are more volatile, how to set appropriate exit levels and how to select instruments within acceptable risk parameters.
Please note Autochartist is available on MT4 and MT5 (Windows only).