For more information check out the MT4/5 plugin installation guide or watch how to use the Autochartist plugin. Stay on top of upcoming market-moving events with our customisable economic calendar.

A good risk management tool can help you on the journey to successful trading – and we believe that Autochartist’s Risk Calculator is one of the best available. It provides you with expected market movements ranges for the next hour, 4 hours and 24 hours, and guides you to the trading volume you need to set in order to remain within your risk tolerance. Utilise statistics and technical indicators to analyse a system’s historical performance over a 6-month timeframe – giving you an overview of which patterns reached their target forecast. Optimise your stop loss and take profit levels, assess risk and get statistical information about price volatility of your preferred Forex and CFD instruments.

Your portal to the markets

Apart from a few more detailed information, traders can also execute an order directly from this window, but only in the direction of the signal. To do this, they can choose whether they want to see all the technical analysis tools that Autochartist uses or select only some of them (supports/resistances, Fibonacci patterns, classic chart patterns, etc.). They can also choose whether to focus on breaking important price levels or only following individual formations’ emergence. Use Volatility Analysis to help you set appropriate take profit and stop-loss levels based on expected market volatility.

Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. Autochartist is a program which can identify chart patterns using technical indicators such as Fibonacci retracements. It monitors the markets 24 hours a day, alerting you to trading opportunities in real time. Autochartist is often used on the MetaTrader 4 (MT4) platform, and you’ll get it for free when you download MT4 from IG.

Discover how to trade the markets

You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary. Review performance statistics for the previous six months to see which trade setups worked and which didn’t. While it can highlight a potential trade, it remains up to you to open and close your positions, perhaps in line with what Autochartist has suggested or made you aware of. The MetaTrader box leads to a window where you can find a link to download the plugin for MetaTrader 4 or 5. You can also find a link to instructions on installing and using the service within the MetaTrader application.

• Learn more about Autochartist, including its features and benefits, as well as how to use it in your trading.
• It includes features meant to help traders educate themselves, base or support their trading decisions or provide additional insight into technical setups or market volatility.
• Therefore, any accounts claiming to represent IG International on Line are unauthorized and should be considered as fake.
• For each instrument, traders can see the expected range for the next hour, 4 hours and the following day, both in a numerical and graphical display.
• The pattern-recognition capabilities of Autochartist are a significant benefit of the software.
• Receive automatic notifications from Autochartist when emerging and completed Chart Patterns such as Triangles, Wedges, Tops and Bottoms are identified.

By providing you with alerts, Autochartist can make it less likely that you will miss out on an opportunity to profit. The developer, Autochartist, indicated that the app’s privacy practices may include handling of data as described below. Simply log into your secure client area and click on Trading Tools to explore Autochartist. Receive automatic notifications from Autochartist when emerging and completed Chart Patterns such as Triangles, Wedges, Tops and Bottoms are identified. Visit the Autochartist Trading Community centre and access a wealth of informational material and how-to videos to become an Autochartist master.

AUTOCHARTIST

Plus, you’ll discover information like the time of day at which markets are most volatile and how to select instruments which fall within acceptable risk parameters. In the main window, traders can see charts with unique trading opportunities. Since Autochartist tracks charts on 15M and above timeframes, there is a batch of new opportunities on different investment instruments every 15 minutes.

IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. IG International Limited receives services from other members of the IG Group including IG Markets Limited. The reason these levels appear is due to the balance between buyers and sellers, or demand and supply. Swissquote is pleased to offer Autochartist free of charge with its Advanced Trader and MetaTrader platforms.

Trading

Autochartist helps remove the clutter – you choose the number of trading opportunities you’d like to see, filtered by highest probability of success. Once you have created an IG account and downloaded MT4, open the platform and log in. Autochartist can be found within MT4 by going to the ‘navigator’ window and clicking on ‘scripts’. Autochartist can also alert you to opportunities that you might not usually consider. For example, it might identify that a currency pair – USD/JPY for example – has become highly volatile following an announcement by the US Federal Reserve (Fed) or the Bank of Japan (BoJ).

In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.

Learn to trade

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs. When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. AxiTrader is not a financial adviser and all services are provided on an execution only basis. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. Important legal documents in relation to our products and services are available on our website.