Autochartist – A Market Leader in Intraday Trading Tools

Many traders use technical analysis every single day to decide how and when they will trade, as it is one of the best and most understandable approaches to trading. However, even technical analysis has its difficulties that need time and effort to master. Thankfully, there are tools that make technical analysis easier, regardless of a trader’s level of experience. Autochartist is one such tool – and it is not just a tool, it is one the best tools to do that for you.

This incredible tool recently launched with an enhanced application interface. What is more, the competitive online broker ActivTrades’ customers now have access to the tool’s latest trade-opportunity finder: Key Levels, and PowerStats.

Autochartist has many features that benefit a trader and here I will name a few:

-        Intraday scanning: Autochartist gives traders early notification of potential trade opportunities throughout the day.

-        Forecast zones: On completed patterns, Autochartist automatically plots a forecast zone of what price level is expected to be reached. Autochartist has a 70% success rate in price reaching forecast zones

-        Saves time: Rather than forcing a trader to rely on (or acquire) years of training to recognise trading patterns, and key levels (horizontal support or resistance levels) Autochartist scans through massive quantities of market price data and automatically detects predefined patterns and key levels.

-        Use only one screen and launch AutoChartist from MT4: All trade opportunities are consolidated into one screen. That is: Chart Patterns, Fibonacci Patterns, PowerStats and Key Levels. Traders have an ability to switch the opportunities ON/OFF with the click of a button.

ActivTrades offers their customers a free subscription to this incredibly useful tool.

You can learn more about Autochartist and you can subscribe to it by following this link.