Chapter 1

INTRODUCTION
Autochartist offers easy to understand, powerful market-scanning tools that highlight the best trading opportunities, helping traders to decide, in an instant, what and when to trade, including:
  • Chart pattern formations such as Triangles, Wedges, Head-and-Shoulders and Channels;
  • Fibonacci Retracements, Extensions, ABCD-, Gartley- and Butterfly patterns; and
  • Key Levels (the technical analysis of horizontal support and resistance levels)
  • Market Reports will provide you with a technical outlook of the markets for the next 24 - 48 hours.

All of the above are automatically identified by this advanced trading tool, and are distributed to you in real time via a web interface.

Emerging patterns offer traders early warning of where trading opportunities are developing ( i.e. where price is approaching support or resistance). Emerging chart patterns are particularly useful for swing traders looking for ranges within which they can trade.

In addition to being trading opportunities themselves, Key Levels also provide powerful confirmation signals that can support or refute other signals. Although there are no “emerging” Key Levels, they are offered in two flavours: breakouts and approaches.

We also offer PowerStats (Volatility Analysis) as a feature that gives traders important statistical information about the instruments they trade. It helps with setting stop-loss and take-profit levels, and provides a better assessment of risk and volatility.

All of the Autochartist features are now also delivered directly to your MT4 application via a custom plug-in, which links seamlessly to the Autochartist web application.

Our proprietary technology allows us to monitor thousands of financial instruments 24hours per day automatically uncovering trade opportunities as they occur.

With our pattern recognition engines continuously scanning financial markets such as Forex, Indices, Commodities, Stocks, CFD’s and Futures traders are notified within minutes of pattern formations.
Autochartist provides many benefits to traders which include:

  • Delivering 1000+ actionable trade opportunities per month in financial markets such as Forex, Indices, Commodities, Stocks, CFD’s and Futures.
  • Chart patterns, Fibonacci patterns and Key Levels are identified in real-time while markets are open.
  • Traders get huge time-saving benefits by having Autochartist continuously scan the market for fresh, high-quality trading opportunities.
  • Visual quality indicators give novice traders a better ability to interpret patterns, while it lets more experienced traders perform advanced search functions.
  • Sufficient research and education material is available on the Autochartist web site and web interface. Users get access to articles, videos, eBooks, webinars and more.

This manual gives an overview of how to use the Autochartist web interface. You can also download Autochartist’s popular MT4 plug-in from www.autochartist.com for up-to-date, real time automated trend analysis  inside the MT4 platform.
DISClAIMER: The Autochartist service includes chart pattern identification in respect of foreign currencies, commodities, equities and stocks. There are potential risks relating to investing and trading. You must be aware of such risks and familiarize yourself in regard to such risks and to seek independent advice relating thereto. You should not trade with money that you cannot afford to lose. The Autochartist service and its content should not be construed as a solicitation to invest and/or trade. You should seek independent advice in this regard. Past performance is not indicative of future performance. No representation is being made that any results discussed within the service and its related media content will be achieved. All opinions, news, research, analyses, prices or other information is provided as general market commentary and not as investment advice. Autochartist, MDIO Software, their members, shareholders, employees, agents, representatives and resellers do not warrant the completeness, accuracy or timeliness of the information supplied, and they shall not be liable for any loss or damages, consequential or otherwise, which may arise from the use or reliance of the Autochartist service and its content.

For further support or information please visit www.autochartist.com or e-mail techsupport@autochartist.com