This article presents the fundamental pattern and sequence that we have determined to be most effective when used with the Autochartist solution.
Use Autochartist to help you make smarter trading decisions.
Recognize and respond to market fluctuations that are unusual for the instruments you trade.
Increase market participation by analyzing support and resistance levels
Use our volatility analysis tool to optimise your stop-loss and take-profit levels.
The technical and statistical analysis provided by Autochartist allows for the quick identification of developing and closed trade setups. Technical analysis styles include chart patterns, horizontal key levels, Fibonacci patterns, and statistical patterns like big movements and consecutive candles. Analysis methods vary to accommodate all sorts of traders.
Autochartist recognises a variety of chart pattern formations, such as wedges, triangles, channels, rounded tops and bottoms, among others. The price action's estimated target area is also indicated by Autochartist.
Autochartist Key levels can identify horizontal levels of support or resistance at important price levels. All types of traders favour this analytical type, making it the most common. It is easy to understand, perfect for beginning traders, and extremely useful for more seasoned and advanced traders.
Everyone is curious about the locations of the unusually large market moves since they are always wondering what will happen next. Large market moves are automatically recognised by the Autochartist Big Movements and Consecutive Candle statistical pattern.
According to the Golden ratio principle, Autochartist automatically recognises Fibonacci patterns that can graphically show particular levels at which either support or resistance is anticipated. Such levels might be crucial for establishing stop-loss levels and defining trading objectives.
To activate Autochartist, please reach out to your customer representative.