9 Best Autochartist Brokers of 2024

Jun 8, 2024 FinTech

The Good Money Guide is a UK-based guide to global trading, investment and currency accounts. We offer expert reviews, comparison, news,  analysis, interviews and guides so you can choose the best provider for your needs. The technical analysis is based on end of day pricing and looks for short to medium term trends in the market.

  • For traders who prioritize the value of spreads in broker selection, Tickmill provides excellent services with low spreads, starting from 0.0 pips.
  • Tickmill accepts deposits and withdrawals in 4 currencies, which include USD, EUR, GBP, and PLN.
  • Users can log in using a QR code, removing the need to remember a username and password.
  • This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Though it is an interactive charting tool like TradingView, Autochartist also provides several features that help keep traders up to date with the latest setups and patterns. It can be used for any type of market analysis, whether you’re looking to trade in forex, binary options, gold, stocks or crypto such as Bitcoin. Autochartist can save you a lot of time that you would otherwise dedicate to scanning the markets manually. Sound risk and money management are vital to financial market navigation with Autochartist Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Autochartist Brokers.

Learn To Trade with Simpler Trading

InstaForex has been providing free access to Autochartist for its clients since 2014. Just by opening a Demo Account, traders can enjoy the Autochartist features in their trading platforms (MetaTrader 4). Besides, InstaForex doesn’t require any minimum deposit for traders to acquire free Autochartist signals.

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Autochartist’s features are designed to identify patterns in charts, with the main benefit being the real-time insights it generates for market movements. Autochartist is constantly scanning the markets on your behalf, and it gives you price alerts whenever a new opportunity presents itself. Its software is designed to identify trading opportunities for you based on support and resistance levels. Autochartist is a technical analysis trading tool that uses financial data to provide traders with valuable trading signals. From its mobile app to trading platform plugins, it offers a range of applications to enhance trading performance.

How do I download Autochartist?

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Autochartist gives traders access to possible trade opportunities which can be filtered according to those that have the highest probability of hitting the target forecast. Every potential trading signal is evaluated against past performance with respect to the pattern type, the instrument and the time of day it was identified. It can be used for trading forex, stocks, commodities, cryptocurrencies, precious metal and any other market. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider.

Autochartist Academy

It saves traders a huge amount of time, it automatically carries out technical market analysis. With  Autochartist, traders get timely reports of market movements and opportunities as alerts every 15 minutes. The Autochartist is technically accessible for all Saxo Bank traders, including the retail ones. You have to open a live account with a minimum deposit of $10,000 to get free access. The downside is, trading with Tickmill will only enable traders to use MetaTrader 4 as their offered trading platform. The trading platform is available on 3 different interfaces specifically designed for Web Desktop, Tablet, and Mobile displays.

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Once you are a registered trader and own a live trading account, you may already have the software for free. Make sure the intending broker is regulated and licensed by a trading regulatory agent and shows records of reliability and transparency. You should also ensure that as a trader, you sign up with an Autochartist broker to fits your trading style. If you are a day trader, go for one that supports day trading and has sophisticated tools and platforms that encourage day trading. No software can claim to be completely perfect and this can be said of Autochartist.

Autochartist Mobile App

Despite including news updates, the tool leans more towards technical analysis. Based on the explanation above, we can see that Autochartist has reached a vast amount of traders through various types of brokers, from the beginner-friendly InstaForex to the major ones like Saxo Bank. These brokers provide free access to Autochartist for their clients, each with different conditions and requirements. After registering in Tickmill, traders can choose the most ideal asset among 60 currency pairs that they can trade. If traders aren’t sure yet to open a real account, Tickmill recommends learning to trade through a demo account. The London-based company has a mission to provide clients with the best possible trading environment, so clients can focus on trading and become successful traders.

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Autochartist can also alert you to opportunities that you might not usually consider. For example, it might identify that a currency pair – USD/JPY for example – has become highly volatile following an announcement by the US Federal Reserve (Fed) or the Bank of Japan (BoJ). In this article, we have grouped some of the best brokers that offer the autochartist plugin.

Autochartist Valuation Reports

It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. It facilitates trading by eliminating the stress involved in self-market analysis and provides a detailed report of opportunities. As a trader, you need to consider that an Autochartist is not listed on a broker’s proprietary platforms.

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By clicking the Volatility Analysis tab, a new pop up with 3 tabs is shown, one of which is the forecast of the price range. The MetaTrader chart below shows how the Autochartist plugin looks like once it has been installed onto your traidng platform. You can use How Much Does It Value To Create A Bitcoin Exchange the risk calculator tool to help you manage your cash exposure and minimize large capital losses. It also includes a trade of the day that is released every weekday, such as EUR/USD and EUR/GBP, or specific reports such as ‘XAU/USD Excessive Bullish Movement’.

Interestingly, Autochartist do not offer support for their products directly to traders. Instead, they offer 2nd line support via the channels through which they provide Autochartist. That being said, there is an extensive range of educational materials relating to their products and services.

Autochartist expands marketing automation with integration into Marketo

You’ll love using this if you find yourself skipping interesting articles just because they’re too long to get into right now. AnonChatGPT is based on OpenAI’s GPT-3 model, but the user interface isn’t quite the same. Only one conversation can be held at a time, so past responses aren’t stored to look through later. It’s a combination of GPT-4 and the Bing search engine, so it’s always accessing the internet to give updated results. I’ve used ChatGPT a lot, and while it’s definitely a powerful AI chatbot that can hold conversations, generate text, and translate languages, it’s not the only option on the market. Loads of similar websites and apps have cropped up since its inception, each with unique strengths and weaknesses.

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