BlackBull Markets is pleased to announce that its clients can freely integrate their MT4 and MT5 account with the popular trading plugin, Autochartist.
Autochartist is an analysis tool that uses powerful pattern-recognition software to identify opportunities in the market.
Apply Autochartist’s expertise across your favourite instruments today and start receiving alerts when potential trade set ups appear. It's like having a pair of eyes watching and analysing the market for you at all times.
Autochartist can identify and alert you to:
To access Autochartist:
Technical analysis is a type of analysis derived purely from charts and the price movement of the security. The basis of technical analysis is that past price movement is a good indicator for future price movement. Technical analysis uses statistical trends such as trading volume and historical support / resistance levels to gauge the movement of the price in the future. This in contrast to fundamental analysis, which involves looking at a security from a financial and economic point of view.