Trading Opportunities
Contains search results for Chart and Fibonacci Patterns, as well as Key Levels

Pattern Display: click on display to enlarge pattern result


Search Pane


Results Filter:
Chart Patterns (Emerging / Complete)
Fibonacci Patterns (Emerging / Complete)
Key Levels (Breakouts / Approaches)

Results Pane: Active Trading Opportunities


Results Pane: Expired Trading Opportunities


Price Movement Pane with Quality Indicators & Volatility Analysis


Sound Switch


Performance Statistics


Messaging & Alerts (E-mail Subscriptions)


Resources & Education

Trading Opportunities
Search for Chart Patterns; Fibonacci Patterns, as well as Key Levels trade potential opportunities from the Trading Opportunities tab. The Results Filter refines one’s preferences by including or excluding some or all of the trade potential opportunities available.

Pattern Display
The price graph in this pane represents the result that was selected in the Active Trading Opportunities (E) tab. The following information can be seen on the Pattern Display area (B):

The date and time at which the pattern was identified is highlighted in grey on the chart

Completed patterns are displayed with a horizontal line representing the forecast level. The colour of the line is representative of the forecast direction of the pattern (green=up and red=down) and is displayed with a directional arrow from the point of breakout to the forecast line.

The columns to the right of the price graph contains additional information about the pattern, such as direction, pattern type, identified time, quality (various indicators) and forecast price (completed patterns). For more information see Active Trading Opportunities Pane (E).

OANDA fxTradeNOW Widget


OANDA’s fxTradeNow widget is a stripped down version of our award winning web gui.  It is light, fast and user friendly, and is browser based which means there is no application to install and automatically updates.  There is a smart scan feature that syncs up the currency pair from the search results.  Finally, the fxTrandeNOW widget is Intuitive: entering and managing orders is simpler than ever and allows you to set Take Profit, Stop Loss, or Trailing Stop order entry.

http://fxtrade.oanda.com/trade-forex/fxtradenow

1. Selecting from predefined groups such as exchanges or instrument types; or

2. By selecting individual symbols.

NOTE: The Trading Opportunities Filter (or Results Filter) will be applied to any search that is highlighted in the Search Pane (C).

The Advanced Search option gives one the ability to choose certain criteria when setting up a search to filter and further refine search results.

When a new trade opportunity is identified this icon appears next to the search name. By clicking on the icon one is redirected to the relevant search results.

The information displayed in the Active Trading Opportunities and Expired Trading Opportunities sections (E and F) are from the highlighted search (the search name will be marked in green).

An existing search can be edited by clicking on the pencil icon (), or deleted by clicking on the ‘close’ icon ().

(Please refer to Chapter 3 “Creating and Editing a Search” for details on creating or editing a search.)

Results Filter




Should the results filter not be in view between the Pattern Display and the Trading Opportunities Pane click on the link.

Select preferred types of trade potential opportunities by using the Results Filter. Tick and/or untick the check boxes next to each type of trade opportunity to view results in the Trading Opportunities Pane. Results will appear or disappear from the Trading Opportunities Pane in real time as the checkboxes are ticked or un-ticked.

NOTE: The Trading Opportunities Filter (or Results Filter) will be applied to any search that is highlighted in the Search Pane (C).

ACTIVE Trading Opportunities

The Active Trading Opportunities section is continuously populated with all the latest results of the search highlighted in the Search Pane (C), that fall within the categories selected in the Results Filter (D).

Active trading opportunities are patterns that, according to Autochartist, can still be traded; this means that the price is not moving away from the expected direction and target, and the pattern has not yet reached its target. As soon as any of this changes, the result is moved to the ‘Expired Trading Opportunities’ tab (see below)

By default the first result is selected and highlighted in green.

For the sake of clarity and ease of use, results are highlighted in yellow when the mouse cursor hovers over them. Once clicked the pattern of the selected result will be displayed in the Pattern Display area and the result will be highlighted in green.

Information provided in the Results Pane for Active Trading Opportunities include:

• Exchange,
• Symbol,
• The direction of the pattern,
• Time interval of the bar chart,
• The pattern name,
• The time when the pattern was identified,
• Overall visual quality assigned to the pattern (arithmetic average of various different visual quality indicators),
• Pattern type, indicating whether it is emerging or completed, or a breakout or approach, (See Chapter 4: “Emerging vs. Complete Results” for a more in-depth explanation of the difference between completed and emerging patterns.)
• Pattern length in bars/candles,
• Age in candles since the pattern was identified.

EXPIRED Trading Opportunities

To view this pane click on the ‘Expired Trading Opportunities’ tab which will be highlighted in dark grey. This pane lists all expired results for the search highlighted in the Search Pane (C).

A result expires as soon as an event occurs that makes the expected outcome either unlikely or impossible, or when the expectation was fulfilled and the target reached. Some examples of expired opportunities would be when price starts moving consistently away from the target level of a completed pattern, or when an emerging pattern completes (in this case the emerging pattern expires, but a new completed pattern opportunity will arise). See the examples below.

The information in this section is displayed in exactly the same way as the information in the Active Trading Opportunities tab. For more information on how results are displayed, please see the preceding section (E).

Price Movement Pane; Quality Indicators and Volatility Analysis

The Volatility Analysis tool provides insight into the movement of instruments. This tool can be used to assess the trading risk associated with different instruments in relation to the time of day in which they are being traded.

To access the Volatility Analysis feature click on the ‘Volatility Analysis’ button.

A new screen will pop up with 3 sections:

The Price Range Forecast section is used to get a view of probable ranges that price is likely to move within over different periods/intervals. This allows one to asses the risk of take profit and stop loss levels based on the past six months of price movement data for a particular instrument for the current day of the week at the current time of day.

For advanced users, these ranges are calculated as one standard deviation around the mean of the price movement.

Movement Per Hour

The Movement Per Hour view gives an overview of what hours in the day sees more volatility in price movement for a selected instrument.

One can therefore assess the risk associated with trading certain instruments during different times of day.

Movement Per Day

Very similar to the Movement per Hour view, the Movement per Day view, indicates the weekdays on which more volatility can be expected. This view is aimed at providing information on when certain structural aspects of certain markets make trading on certain days more risky.

Sound Switch

When new results are identified an audible sound is played. . The alert sound can be toggled to On or Off.



The component that Autochartist uses to play sound notifications does an automatic selection of HTML5 audio, native browser audio and Flash (if installed) to play the sound. Flash is most commonly used. To update Flash click on the link below: http://get.adobe.com/flashplayer/

Computer sound as well as that of the application must be switched on to receive audio alerts.

Performance Statistics

This tab provides detailed statistics on the overall accuracy of Autochartist for the preceding 6-month period, as well as specific statistics on how Autochartist performs on particular symbols, time granularities, patterns and directions. Disclaimer: These statistics are not a measure of profitability, but simply count the quantity of identified potential opportunities that reach the forecast level within a predefined time.

Messaging & Alerts (E-mail Subscriptions)

E-mail subscriptions provides one with a report on the technical outlook of the markets for the next few days. Subscribe to receive e-mails up to three times per day for markets such as Forex and Commodities, or once per day for stock exchanges such as the Tokyo Stock Exchange, London Stock Exchange and the New York Stock Exchange.

To subscribe, log into the Autochartist platform, click on ‘Messaging & Alerts, select a preferred market, select a preferred language and the preferred time. Then to receive the email, enter an email address and click on submit. Note: to ensure receipt of Autochartist’s daily e-mail alerts add alerts@autochartist.com to an address book or contact list.

Resources & Education

This section provides access to education and product support documentation, as well as downloads and install instructions of Autochartist’s MT4 plugin.