Autochartist

Identifies instances when excessively large movement (either up or down) has accurred in a finacial instrument. This analysis type is favored by trend followers as well as swing traders.

Identifies instances when excessive amounts of candles have closed in the same direction. This analysis type is very interesting for trend followers as we as swing traders.

Autochartist Key Levels identify horizontal support or resistance levels at significant price levels. Traders get notifications when an approach or breakthrough occurs on one of these levels.

Traders get automatically notified when emerging and completed Chart Patterns including Triangles, Wedges, Tops and Bottoms are identified while an automatically illustrated forecast range on completed patterns indicates an expected price level.

Autochartist identifies Fibonacci patterns from straightforward extensions, retracements and ABCD patterns, to more sophisticated setup like Gartley and Butterfly formations.

Volatility analysis is provided on breakout trade setups which may indicate a more appropriate stop loss and/or take profit level.