Autochartist is a powerful piece of software that scans Forex, Equities, Indices, and Commodity markets, which automatically identifies chart and Fibonacci patterns such as triangles, wedges, projections and retracements throughout the trading day.
Users are notified with either or both audio and visual alerts within minutes of pattern formations, delivering over 3,500 trading opportunities per month. Traders no longer need to spend years learning how to recognize chart patterns. Autochartist unique recommendations and alerts allow both beginning and experienced traders to gain access to market breaking information.
Chart pattern theory has been a widely used technique since the 1930s, regarded by many traders as a benchmark to gauge oversold or overbought levels in terms of market psychology. Now you can see patterns and obtain trading signals and opportunities right in front of your eyes.
Figure 1 Technical Chart Patterns
Figure 2 Fibonacci Patterns