What is Autochartist? Autochartist Risk Calculator in HotForex

What is Autochartist?

Autochartist offers easy to understand, powerful market-scanning tools which highlight the best trading opportunities, helping traders to decide, in an instant, what and when to trade, such as:

• Autochartist is a tool that finds good trade opportunities in real time.
• They are good opportunities because they are not convoluted black-box signals - they are based on known trusted theories. We visually represent them on price graphs, so you can choose your trades by simply evaluating the images.
• It saves you a lot of time looking for good potential trade set-ups.

All of the above are automatically identified by this advanced trading tool, and are distributed to you in real time via a web interface. Key Levels provides confirmation signals, and are offered in two flavours: breakout signals and approaching signals.

Emerging patterns offer traders an early warning of where trading opportunities are developing ( i.e. where price is approaching support or resistance). Emerging chart patterns are particularly useful for swing traders looking for ranges within which they can trade.

We also offer PowerStats as a feature that gives traders important statistical information about the instruments they trade. It helps when setting stop-loss and take-profit levels, and provides a better assessment of risk and volatility.

All of the Autochartist features are now also delivered directly to your MT4 application via a custom plug-in, which links seamlessly to the Autochartist service.

Our proprietary technology allows us to monitor thousands of financial instruments 24hours per day automatically uncovering trading opportunities as they occur.

With our pattern recognition engines continuously scanning financial markets such as Forex, Indices, Commodities, Stocks, CFD’s and Futures traders are notified within minutes of pattern formations.

Autochartist provides many benefits to traders which include:

• Autochartist delivers 1000+ actionable trade opportunities per month in financial markets such as Forex, Indices, Commodities, Stocks, CFD’s and Futures.
• Chart patterns, Fibonacci patterns and Key Levels are identified in real-time while markets are open.
• Traders get huge time-saving benefits by having Autochartist continuously scan the market for fresh, high-quality trading opportunities.
• Visual Quality indicators give novice traders a better ability to interpret patterns, while it lets more experienced traders perform advanced search functions.
• Plenty of research and education material is available on the Autochartist web site and web interface. Users get access to articles, videos, eBooks, webinars and more.

This manual gives an overview of how to use the Autochartist web interface. You can also download Autochartist’s popular MT4 plug-in from www.autochartist.com for up-to-date, real time automated trend analysis  inside the MT4 platform.

The first market scanner in MT5
Our newest free tool, Autochartist is fully customizable to your instruments and your preferred language, it scans your watch-list and alerts you to opportunities in real time as soon as a Chart or Fibonacci pattern is identified. Constant monitoring, volatility analyses and multiple Market Reports mean you’ll never miss an opportunity again – it works 24 hours so you don’t have to.

• User Manual
• Meta Trader Plugin
• How to Install
• How to Use

Autochartist Risk Calculator

Choose the risk thats right for you
The new and innovative Risk Calculator tool is easy to use - simply enter the cash or equity percentage amount you are willing to risk on a trade and it will calculate the correct trading volume to help you avoid large capital losses!

For more information, please read Risk Calculator User Guide.

• Suitable for any trading style
• Set your desired entry and exit levels
• Matches your trading volume to your risk tolerance

Offer for Free to Hotforex Clients

Save valuable time when reading through charts! Autochartist scans a multitude of trading instruments in real time and automatically identifies Chart patterns and Fibonacci patterns to never miss an opportunity again.