If you are looking for a Free tool that will add immense value to your trading arsenal then this is it. We use AutoChartist on a daily basis and it saves us many painstaking hours searching for and analyzing market structures and trading opportunities. Just watch the video above to learn how this can help you analyse the markets.
ThinkForex offers Autochartist for free when you open and fund a live account with them.
Autochartist is the world’s most advanced tool for the automatic identification of trade opportunities in the form of Chart patterns, Fibonacci patterns, and Key Levels. Autochartist’s proprietary technology allows their search engines to monitor thousands of financial instruments 24 hours per day uncovering trade opportunities as they occur.
- Autochartist saves time by continuously scanning financial markets and automatically alerting traders to potential trade opportunities based on Chart Patterns, Horizontal Support and Resistance Levels, and Fibonacci Patterns
- Receive intra-day trade opportunity alerts both visually and audibly
- Autochartist identifies potential trading opportunities based on support and resistance levels.
- Filter trade potential opportunities based on historical performance with using the new Our Favourites feature.
- Set market-appropriate exit levels by understanding expected volatility
- Understand the impact of economic news events on the Forex market