ALB Limited 28.04.2023

How To Use Autochartist for effective trading

Autochartist is one of the world's leading analysis tools, automatically detecting charts and Fibonacci patterns. In addition, autochartist technology presents the user with processing opportunities by scanning financial instruments 24 hours daily.

Whether you are a seasoned technical analyst or a novice trader, Autochartist provides continuous analysis to support your investment decisions. It also warns you when formations occur, saves time, and, more importantly, allows you to avoid making wrong decisions. As ALB, in this article, we will share what you wonder about the autochartist risk calculator and autochartist performance.

What is Autochartist?

Autochartist is an easy-to-understand technical analysis tool, highlighting good trading opportunities by helping traders decide which instrument, when, and technical indicator to trade. To use Autochartist, you must be an actual account owner.


Here are some of the many benefits that autochartist provides to investors:

- When you access Autochartist for the first time, the information loaded by default will be displayed in the interface.
- Chart patterns, Fibonacci patterns, and Key Levels are identified in real-time when the markets are open.
- Thanks to Autochartist's ability to constantly scan the market for up-to-date and high-quality trading opportunities, traders get great time-saving options.
- Visual quality indicators allow beginner traders to improve their ability to interpret patterns while allowing more experienced traders to implement advanced search functions.
- Sufficient research and training material is available on the Autochartist website and web interface. On top of that, users can access many things like articles, videos, eBooks, webinars, etc.

Also, all Autochartist features are now available directly to your Autochartist MT4 app via a special plugin that seamlessly connects to the Autochartist service.

Our exclusive technology enables us to automatically monitor thousands of financial instruments 24 hours a day, providing trading capabilities.

Traders know pattern formations within minutes as our pattern detection engines continuously scan financial markets such as Forex, Indices, Commodities, and CFDs (where applicable).

Autochartist Review

Autochartists' features are designed to identify patterns on charts. Its primary benefit is the real-time information it generates for market movements. Autochartist constantly scans the markets for you and gives you price alerts when a new opportunity arises. Furthermore, its software is designed to identify trading opportunities for you based on support and resistance levels.

Support and resistance levels are the building blocks of technical analysis, and many effective trading strategies can be based on them. So it is because support and resistance are like glass floors and ceilings, often seen to limit a market's range of motion.

Autochartist can save you a lot of time manually scanning the markets. Technical analysis and chart pattern recognition are strenuous tasks for a trader. By using Autochartist to accomplish them, you can spend more time improving your trading strategies or learning new techniques that might be useful.

Do not forget to be involved in the Forex world to miss the opportunities from significant developments in the market. You can follow us on our social media accounts and website to get detailed information about the transactions you will make with or without leverage in the Forex market to invest in the future. Learning everything you wonder about the Forex market is possible with ALB!


RISK PROBABILITY: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64.99% of retail investor accounts lose money when trading CFDs with ALB Limited. These products may not be suitable for all investors. Please make sure that you fully understand the risks involved and seek independent advice if necessary. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The value of your investment may go down as well as up.

NEGATIVE BALANCE PROTECTION: Please see your rights here as a retail client.