Top Autochartist Features:

Horizontal Levels

Improve market entry through identification of support and resistance levels

Consecutive Candles
Identify and react to market movements that are not typical for the instruments you trade

Big Movement
Alerts to excessive movements in one direction

Macro-Economic Analysis
Capitalize on known outcomes of macro-economic news events

Volatility Analysis
Optimize your stop-loss and take-profit levels with our volatility analysis tool

Risk Calculator
Manage your cash exposure and minimize large capital losses with our Risk Calculator tool

The Volatility Analysis tool provides a comprehensive view of the expected price range movement of the selected instrument. This information can be used to decide which instrument to trade for a specific time of day, as well as to set market appropriate exit levels.

Price Range Forecast

Stop loss and Take profit placement has often been a random choice based on little empirical data. The above graph illustrates the expected price range movement for the selected instrument for the next 15 minutes, 30 minutes, 1 hour, 4 hours and 24 hours.

The information is calculated for specific times of day and days of the week in order to provide the most accurate expected measure of volatility for current market conditions.

So if you have a trade duration in mind, use the above graph to help you set your exit levels appropriately.

Movement per Hour

Fundamental and Technical traders alike rely on understanding the range of the markets at particular times of the day. The main financial centers of the world all have their unique impact on trading hours. The power of the above graph lies in that you now have access to the six month average of the hourly price ranges at your fingertips.

Each hour has a correlation to the financial centers around the world. Knowing when you are likely to see volatility in a specific financial instrument, when an instrument consolidates due to lack of participation, and which time are the best to trade, gives you a look into the psychology and flow of the market.

Movement per Day

For any market participant, an understanding of the specific ranges by day of the week can be applied to entries and so effect likely follow-through. The daily movement is a measurement of the high to low range as calculated on a 24-hour basis with the average movement for that day marked within the range.

The above graph offers insight into what the market is capable of on any given day of the week, and gives helpful detail to fine tuning entries. It can also offer part time traders insight into which days may be best for trading.

Autochartist Performance Statistics

The statistics below measure how many patterns hit their forecast level.