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

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

We also offer PowerStats 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 service.

Our proprietary technology allows us to monitor thousands of financial instruments 24hours per day automatically uncovering trading 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.

The many benefits to traders that Autochartist provides, include:

  • Autochartist delivers 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.
  • Plenty of 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