Admiral.Autochartist

Autochartist utilizes a web-based interface, which eliminates the need to download, install and change settings on it. This will also allow you to access Autochartist from any computer or mobile device using just your login and password. Additionally,Autochartist can be used as a custom indicator plug-in for MetaTrader 4. Just move it from the custom indicator list to the chart, and Autochartist will automatically start the process of automatic analyzing the chart for trends based on the specified assets and timeframe. The Autochartist analysis system includes three main parts:

• Chart Patterns – The chart pattern recognition system is able to automatically detect the most common trends of completion and continuation as they are forming. Chart Patterns will also estimate the power of these trends and mark points of entry into the market along with TakeProfit/StopLoss levels. The system will notify a trader of patterns through audible and visual signals, and will display the detected pattern’s shape on the chart.
• Fibonacci Patterns – A system for automatic recognition of Fibonacci patterns. Identification of already formed ABCD, Gartley and Butterfly patterns as wells as those still being formed allow you to define essential support and resistance levels and set your Stop Loss and Take Profit in the most effective way.
• Powerstats – This toolkit provides traders with insight into the relative movements of Forex instruments. Powerstats can be used for getting statistical information about average pip movement in specific time frames, the likelihood for upside or downside momentum (based on history), and maximum expected price movements (statistical highs and lows) across various time frames as well as expected price movements over weekday and hourly time frames. This is very helpful when formulating new trading plans, or for refining and re-evaluating existing strategies. 

Get 30 days free trial to Autochartist in your Trader's Room
Login to web based Autochartist client
Download custom Autochartist indicator for MetaTrader 4

See also:

• Video 1 http://www.autochartist.com/introduction-to-the-five-main-sections-of-the-autochartist-platform/
• Video 2 http://www.autochartist.com/introduction-to-the-autochartist-quality-indicators/
• Video 3 http://www.autochartist.com/the-difference-between-trending-and-non-trending-patterns/
• Video 4 http://www.autochartist.com/trending-chart-patterns/