{{ "2017-11-28 09:00:00Z" | moment:{inputFormat: 'YYYY-MM-DD HH:mm:ssZ', showAsRelative: false, outputFormat: 'YYYY-MM-DD HH:mm'} }}

Trade Signals by Autochartist - new markets now available

A live demonstration of the new Trade Signals tool and how to filter opportunities according to your personal preferences and trade style.

We are pleased to announce the addition of Trade Signals on a number of new instruments and markets:

New Equity market added to Autochartist Trade Signals 

We have recently added the constituents of the main Spanish stock Index Ibex 35 to our Trade Signals offering. You can trade both the cash stock and the CFD on daily time interval.  

Below the full list of instruments covered and time intervals on Trade Signals 

55 FX pairs incl. Gold and Silver spot. 

15 min to daily time intervals

250 single stocks and CFDs 

Daily time interval
US (100)
Germany
UK
France
Denmark
Switzerland
Spain
Holland

Major US and European Index CFDs  

15 min to daily time intervals
US 500
US 30
US Tech 100
Germany 30
France 40
Netherlands 25
EU Stocks 50
Ibex35
Belgium 20
Portugal 20
Swiss 20

Signals

Trade Signals currently identify:

  • Support and Resistance
    Key levels of horizontal support and resistance, used by the majority of traders.
  • Chart patterns 
    Ascending Triangle, Descending Triangle, Channel Up, Channel Down, Triangle, Falling Wedge, Rising Wedge, Head and Shoulders, Inverse Head and Shoulders, Triple Bottom, Triple Top, Double Bottom, Double Top, Flag, Pennant.
  • Fibonacci patterns
    3 Point Retracement, 3 Point Projection, ABCD, Gartley, Butterfly, 3 Drive, Head-and-Shoulders Butterfly.

 AutoChartist TradeSignals

 

Signal Quality

AutoChartist Quality

For each signal, Trade Signals uses 5 indicators to measure the quality of chart patterns: 

  • Clarity
  • Initial Trend
  • Volume
  • Uniformity 
  • Breakout strength

Quality indicators reflect the visual appearance of the pattern and how well defined the pattern is within these parameters. High-quality patterns are well-proportioned and symmetrical and the overall quality measure is the average of all these indicators expressed as a range from 0 to 10 (highest quality). 

Note that signal quality is not an assessment of the efficacy or an indication of the possible profits or losses you can expect from pattern.

AtoChartist ProbabilityProbability

Autochartist maintain extensive statistics around their signals summarized as a probability of success for each pattern. For each pattern type, the probability is evaluated over the past 180 days with respect to the specific instrument and the times of day they were identified. 

Statistics are accessible directly through the Autochartist website and through a link in the platform. 

NOTE: past performance is not indicative of future performance.

 

DISCLAIMER

Please be reminded that you alone are responsible for your trading - both gains and losses.
There is a very high degree of risk involved in trading.

The technical analysis, like any and all indicators, strategies, columns, articles and all other features, accessible through this platform (including those from Autochartist) is for information purposes only and should not be construed as investment advice. Technical analysis is obtained from sources believed to be reliable, but Saxo Bank Group does not guarantee its completeness, accuracy, or any results from the use of this information.

Your use of the technical analysis tool, as with your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your own responsibility to evaluate the accuracy, completeness and suitability of the information. You should assess the risks of any trade with a financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.

Please also be advised that if any of the said technical analysis or any of the said indicators, strategies, columns, articles and other features accessible on/through this platform is found to be advisory or a recommendation, the content is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to, and does not form part of any offer or recommendation directed at you specifically, or have any regard to your investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment, please seek advice from a financial or other professional adviser regarding the suitability of the trade for you and where available read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please consider carefully whether the product is suitable for you as you alone remain responsible for your trading gains and losses.