[feedzy-rss feeds="https://feeds.autochartist.com/feeds/trades/rss?broker_id=580&client=395729756920502&report_id=415&tz=Europe/London" max="10" feed_title="yes" target="_blank" refresh="12_hours" title="50" meta="yes" summary="yes" summarylength="300" thumb="yes" size="100" default="http://your-site/default-image.jpg" keywords_title="WordPress"] Have you heard about Autochartist? Many institutional traders and brokers are using it, what are you waiting for? It’s time to get you a free plugin from Autochartist, which will help you with your trading and profit planning. Let us tell you why.
Who and what is Autochartist?
In 2004, Autochartist began its journey in assisting traders and brokers with automated technical analysis.
How to use Autochartist
Before using it first you need to download it and there are two options for that. The web app or the MT4,5 plugin. The web app doesn't need an installation and it works directly in your default browser. Second option is to download it from brokers that are allowing this expert advisor or go to their website and get it from there. Note: if the broker you are trading with does not have the download link for the plugin then make sure to read the terms and conditions because it might not be allowed by the broker. After you download and install the plugin check expert advisors on MT4,5, from there simply drag and drop it to your chart. Besides being the best Mt4 plugin today, Autochartist is an automated analysis service for financial markets. That said, Autochartist is the independent analytical software of choice that scans the market and provides you with several opportunities.Advantages
Disadvantages
Review Conclusion
Simple and intuitive the plugin is meant to help even the beginner trader in his trading journey. However, that doesn't mean that it's 100% accurate and it is safe to assume that extra analysis is recommended.
On numerous occasions even the biggest analysis make mistakes and this plugin will most probably do the same. This does not mean is not a great tool for analysis when it comes down to trading but use it at your own risk.
After doing some more research, like any other product, it has good and bad reviews but the overall sentiment of both users and brokers is a positive one. Some of our mentors and analysts are using Autochartist and we asked if they are recommending it. The answer was: "Yes we do recommend it, if not for real trading at least as an educational tool".
That said, we do recommend using the plugin for either trading or technical analysis since it will save you a lot of time.