AutoChartist is the most popular automated pattern analysis tool available to Forex traders.
It constantly monitors thousands of CFD assets, looking for trading opportunities and providing technical analysis back to the user. Needless to say, it is a very powerful tool and many traders won’t enter the market without it.
AutoChartist Features:
- Offers traders hundreds of actionable trade opportunities in the Forex, Indices, Commodities, Stocks, CFD’s and Futures markets.
- All chart patterns, Fibonacci patterns and key levels are identified in real-time
- Huge time savings for traders, as Autochartist continuously scans the market for trading opportunities.
- Visual Quality indicators allow beginner traders to identify patterns with ease and allows experienced traders to perform advanced search functions.
For a more detailed overview of how AutoChartist works check out the AutoChartist Quick Start Guide.
How can I get AutoChartist?
Due to its popularity, many brokers offer AutoChartist as a free plugin for the MT4/MT5 platforms, though in some cases you may need to reach a minimum deposit threshold before being able to use it. Be aware that if you are an MT4/MT5 user and your broker does not offer it for free, you can still get an individual subscription to AutoChartist.
Traders who use cTrader are in luck, as Spotware (cTrader’s parent company) has signed a deal with AutoChartist to include it by default in both their downloadable client and web versions.
AutoChartist also has a mobile app for both Android and iOS devices. This is fully functional and will sync with your desktop version.
AutoChartist is not available on broker proprietary platforms. This means that if you are using eToro, Markets.com or Plus500 you will not have access to AutoChartist, as they only offer their own trading software.
How much does AutoChartist Cost?
As mentioned above, some brokers offer AutoChartist for free and if you are a cTrader user it comes built into both the desktop and web versions.
If you are an MT4/MT5 user but your broker does not offer it for free you can get AutoChartist on a monthly subscription basis. The individual costs vary depending on your country of residence but will be between 30-50 USD per month, though this cost will decrease if you get a 3 month or 6-month subscription.
You can download and use AutoChartist as a free trial for 14 days if you want to test it first.
