How does OctaFX's Autochartist work? How can I use it? Table of Contents

Receive Trading Signals from Autochartist

Autochartist is the world’s most advanced automatic pattern recognition tool, providing technical analysis of multiple asset classes.

There are more than one thousand trading signals every month, which allows novice and professional traders to continuously scan the market through Autochartist to obtain fresh, high-quality trading opportunities, which can significantly save time.

Trading signals are recommendations to buy or sell a certain trading tool based on chart analysis.

The main idea behind the analysis is to indicate the direction of the next price based on the cyclic law.

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How does Autochartist work?

Autochartist scans the market 24 hours a day, 5 days a week, to search for the following graphic patterns:

  • Triangle
  • Channel and rectangle
  • Wedge
  • Head and Shoulders

Autochartist compiles email reports at the beginning of each trading session to predict the trend of the most popular trading tools.

Autochartist market reports are sent 3 times a day, at the beginning of each trading session:

  • Asian Session-00:00 EET
  • European Time-08:00 EET
  • US Session-13:00 EET

Market reports are price forecasts based on technical analysis and are sent to your mailbox three times a day. It allows you to adjust your trading strategy at the beginning of each trading session according to market expectations.

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Can OctaFX’s Autochartist really help your trading?

Autochartist market report is a convenient way to automatically identify trading opportunities without time and energy consumption.

All you have to do is check your email and decide which trading instrument you need to trade today.

In addition, it provides time-saving advantages in market analysis.

Based on trusted technical analysis theory, up to 80% accurate prediction, Autochartist allows you to increase your profits and avoid missing trading opportunities.

Go to OctaFX’s Official Website

With OctaFX, you can choose from MT4, MT5, cTrader trading platforms to invest online.

Go to OctaFX’s Official Website and find out more about features of each trading platform.

Go to OctaFX Official Website

Comparison of OctaFX’s trading account types

OctaFX mainly offers MT4 and MT5 trading account types.

See the table below to know the difference between these trading account types

Account Type OctaFX MT5 OctaFX MT4
Spread Type Floating Floating
Minimum Spread 0.6 pips 0.6 pips
Trading Commission None None
Minimum Deposit 100 USD 100 USD
Available Markets 35 currency pairs + gold and silver
+ 3 energies + 10 indices + 30 cryptocurrencies
35 currency pairs + gold and silver
+ 3 energies + 4 indices + 30 cryptocurrencies
Maximum Leverage 1:500 1:500
Minimum Trading Volume 0.01 lots 0.01 lots
Maximum Trading Volume 500 lots 200 lots
Execution Model Market Execution Market Execution
Execution Speed Less Than 0.1 seconds Less Than 0.1 seconds
Account Currency USD and EUR USD and EUR
Margin Call Level 25% 25%
Stop Out Level 15% 15%
Hedging Strategy Allowed Allowed
Scalping Strategy Allowed Allowed
Use of EAs Allowed Allowed
Swap Points None None
Cryptocurrency Trading Available Available
Sign Up Link Open OctaFX MT5 Account Open OctaFX MT4 Account

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