Autochartist is the world’s most advanced tool for automatic identification of chart pattern formations such as Triangles, Wedges, Head-and-Shoulders and Channels, as well as Fibonacci retracements and extensions, ABCD-, Gartley- and Butterfly Patterns.This powerful tool is now improved by ActivTrades - an independent broker, who specializes in operations with contracts for difference (CFD), Forex market investments, as well spread-betting.
Now ActivTrades offers a free subscription to Autochartist: considered as the best tool for intraday trading. Autochartist helps traders of any level to be more confident when making decisions related to trading. Make technical analysis as part of your trading strategy, regardless to your experience!
The main functions of Autochartist include:
- Key levels: Horizontal support and resistance levels often occur at significant price levels. Through Key Levels, Autochartist automatically identifies the the price levels and determines them as "Breakout" or "Approach".
- Power Stats: It gives traders important statistical information about the instruments they trade. It helps when setting stop-loss and take-profit levels, and provides a better assessment of risk and volatility.
For detailed information about the futures and benefits of Autochartist, please follow this link.
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