Increase your customer's lifespan with content and tools that help manage trading risk through analysis of upcoming volatility. Your name:. Your email address:. Send post to email address, comma separated for multiple emails. Our 'Unique per Broker' content will take a trader through every stage of their trading journey. Engaging Content Populating your website and social media with fresh and engaging content.
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IC Markets launches Autochartist to their clients
Trade Validation Tool Verifymytrade Our subsidiary VerifyMyTrade provides tools to validate the competitiveness of your prices and execution quality. Copyright Autochartist. All Rights Reserved. These features could help and emphasize to traders using Fibonacci where they need to take a closer look and focus on future trading opportunities.
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Horizontal lines of resistance and support are also known as key levels. With time, market participants fit in their decisions points linearly so the point of price at which they can buy or sell could be proportionally lower or higher with time. However, with the key levels price level could stay the same all along the line.
There are five different quality indicators for chart patterns, 4 of the 5 measure their visual quality. As traders gain more experience in the use of the chart patterns, they learn to instantly notice these visual characteristics. But for those, who are just starting to work with price figures, these indicators may be very useful for making trading decisions.
Top 10 Forex Brokers offering AutoChartist for
Autochartist recognition system allows to find chart patterns instantly, when they just touch the last point or resistance and support lines required to complete the shape of the pattern. It means that shape of a pattern has been already identified, however it is still unclear if support or resistance lines are to be broken through. This is the main difference between an emerging forming and full pattern — when an forming pattern is determined, price could be between the resistance and support line, but if the pattern is full, that means the price was broken through these lines.
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Back to all promotions. Free Autochartist software Autochartist software for making better trading decisions — constantly analyzing the markets. Open an account. Autochartist software features Chart patterns It is a huge section of technical analysis that every trader needs to learn.