It can be used for free with the Autochartist demo version, after which, you can create a paid Autochartist account. Over the years, Autochartist has proved to be very helpful for traders. In conclusion, the Autochartist service is a B2B service that is targeted to forex brokers as a tool that they can use to attract and retain traders.
While more effective than feature-driven marketing in eliciting an emotion, benefit-driven marketing too often falls short of business-owners expectations to solicit the desired action or build the brand. Every feature that your product has comes with a corresponding benefit or series of benefits. But every customer has a preconceived reality of what they already want or need. The features and benefits used to entice them are merely tools to validate the product. It’s the advantages that fit into their perceptual reality, turning it into actuality. Another factor worth mentioning is that anyone who cares to spend a little time doing their homework on the Autochartist website will clearly see that the product is promoted to forex brokers.
Why do forex traders use Autochartist?
1 Our signal service does not constitute and shouldn’t be regarded as investment advice. 2 Awarded ‘best finance app’ and ‘best multi-platform provider’ at the ADVFN International Financial Awards 2022. Spot potential trades with free forex signals, index signals and commodity signals.
In the feature column, list the product’s feature.In the benefit column, list out one benefit at a time. By understanding this relationship, they can better assess which features are most important to customers and what benefits those features provide. This can then lead to the felt needs you are meeting in the advantages you express to the customer. In residential home services you should focus on the CSS features, advantages, and benefits that make the customer want an upgrade from their current state. Instead of trying to exhaustively cover all the possible features, just dial it into what your customers value most. The end is having M.E.T. (money, energy, time) the actual felt needs of the customer.
Using trading signals in our platform
Autochartist can be used for a number of assets, such as Forex, futures, CFDs, equities, and many others. Every user of Autochartist also receives visual and audio alerts when patterns have been defined. The charts are very easy to read, and they also offer support and resistance levels.
- The only additional step is that you need to add the Autochartist URL into your Allow for WebRequest for listed URL field in the EA options configuration window.
- Furthermore, the validation is done using the data for the past 6 months.
- It also offers additional features such as economic calendars, customizable alerts, and a wide range of technical indicators.
- For instance, Autochartist can analyse different candlestick chart patterns using the Ichimoku Cloud, Bollinger bands and Fibonacci retracements – as well as a host of other technical indicators.
- The software is said to be servicing over 50 online forex brokers and boasts of an online community of more than 50,000 traders in over 80 countries across the globe.
- ️ The platform can accommodate both breakout traders and swing traders by automatically charting resistance and support lines.
In addition to Market snapshots, a Forex trader can choose to receive correlation signals separately. Even alerts of high impact financial news releases can be received separately via email. A trader can choose to receive financial news events related to one or all of the three sessions autochartist signals (Asian, European, American). There is also a provision to add a particular event to Outlook/Google calendar. That enables a trader to validate the past performance according to the personal requirements. In all cases, the probability of achieving the price range is also shown.
Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept https://www.xcritical.com/ full responsibilities for your actions, trades, profit or loss, and agree to hold The Forex Geek and any authorized distributors of this information harmless in any and all ways.
Even the strength of a pattern can be studied in detail using the Details window. Fibonacci and chart patterns, with the help of PowerStats, will help you to set your stop-loss and take-profit levels. It can also give you enough information about the risks of trading certain instruments. Autochartist also offers key levels, which are technical analyses of both horizontal support and resistance levels.