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ICMarkets Autochartist – Useful toolkit for traders

If you are trying to find an advantage for yourself on the ICMarkets forex trading platform. Learn Forex Trading encourages you to use the ICMarkets Autochartist tool. So what is Autochartist? What benefits does it bring to investors in the Forex market? We will answer all your questions in the article below, so don’t rush to ignore it.

In ICMarkets, what will Autochartist be understood as?

In the Forex world, the term “Autochartist” will be understood as a program that includes the support of technical indicators to identify chart patterns. The volatile foreign exchange market will be monitored by Autochartist 24 hours a day. Thanks to that, investors can grasp the moment and make the right decisions when entering or withdrawing from the market.

What is the term Autochartist on ICMarkets?

After defining the term Autochartist in the Forex world. So we can derive the concept of what ICMarkets Autochartist is.

ICMarkets Autochartist is a useful set of tools
ICMarkets Autochartist is a useful set of tools

ICMarkets Autochartist is a tool that ICMarkets has integrated into the platform for users. This is one of the completely free features of the ICMarkets platform. With outstanding features such as opportunity filtering, volatility analysis, probability assessment… Through that, investors can easily receive and make trading decisions with the highest success rate.

On what devices can Autochartist be used?

 On what devices can a useful tool be used? This is a question that many traders are interested in. Receiving such widespread acceptance, ICMarkets has provided the tool in two different versions: web browser and mobile application. Thanks to that, traders can use Autochartist in the most convenient way possible. So how can we operate on those versions? Please see the instructions below.

ICMarkets Autochartist web application

For web applications,  you will not need to spend too much effort to download. Just follow the 3 instructions below from Learn Forex Trading. Readers can be completely assured of using the tool most easily and conveniently.

How to access the web application:

How to access the ICMarkets Autochartist web application
How to access the ICMarkets Autochartist web application
  • Step 1: Access and log in to your ICMarkets account in the customer area.
  • Step 2: Click “Trading tools” in the vertical left corner of the screen => Continue to click “Autochartist” => Select the “Autochartist web app” version.
  • Step 3: The interface converts to a web application and continues to use useful tools.

The process of accessing Autochartist on ICMarkets is only limited to 3 extremely simple steps.

Download the ICMarkets Autochartist application for your phone

For ICMarkets Autochartist application for phones. Will notify you of trading opportunities for the asset classes you are interested in. To be able to use and operate the Autochartist phone application, follow these 3 steps:

Download Autochartist ICMarkets for phones
Download Autochartist ICMarkets for phones
  •  Step 1: Follow the same steps to access “Autochartist” on ICMarkets => Select “Mobile Alerts” => Click to download the application according to the link available on the window. 
  • Step 2: You can search for “Autochartist” on CH Play for Android phones and on the App Store for IOS => Click “GET” to start downloading Autochartist to your device.
  • Step 3: Log in to your ICMarkets account to continue using the application. If you don’t have an account. You can register for ICMarkets according to the instructions.

See more: ICMarkets register on your phone is the fastest

Who can use Autochartist?

All types of traders can use ICMarkets Autochartist
All types of traders can use ICMarkets Autochartist

For the Autochartist tool on ICMarkets, no matter what type of trader you are. From new traders with little experience to investors with a lot of practical knowledge. Everyone can use and get support from Autochartist to bring the best trading efficiency. With the opportunity filtering feature, accurate probability forecasting… Autochartist ICMarkets will certainly become a powerful arm for you.

Why do investors choose ICMarkets Autochartist?

Since the ICMarkets foreign exchange platform announced its partnership with Autochartist. To launch this useful integrated toolkit. It seems that it is easier for investors to find potential trading opportunities. Not to mention, through the ICMarkets client application, you can get an overview of fluctuating information on the market 24/7. There are also many outstanding features that we will summarize in the information below.

Autochartist ICMarkets is a good choice for traders
Autochartist ICMarkets is a good choice for traders

Supports automatic analysis of fluctuations on ICMarkets

When using the ICMarkets Autochartist tool, rely on the automatic volatility analysis support feature. You can more easily set the most effective take profit or stop loss levels. Thanks to that, you can capture information and manage risks better. In addition, users can rely on the tool’s built-in features to build personal trading strategies. Thereby, the toolkit will help you observe past fluctuations. At the same time, it provides more accurate forecasts for the future. Be sure to clearly understand information about ICMarkets minimum deposit to best support transactions.

Forecasting graph model

This service integrates the recognition of 16 different types of chart patterns, based on the slope of resistance or support lines. Combined with the psychological state of the market. The tool will create support and resistance lines. Through established patterns, investors can filter and search for trading opportunities with the most potential.

Filter search for trading opportunities on the ICMarkets platform

The Autochartist tool will operate based on two special factors. That is market fluctuations and consumer information. After building the charts and calculating the probability of success. ICMarkets Autochartist will automatically customize the search and filter out transactions that are suitable for users. Thereby, the transaction success rate will be greatly improved.

Especially when installing applications for the device. Investors will continuously receive notifications about trading opportunities. That means you will never miss any opportunity to make money. 

Providing quality ICMarkets exchange indicators

After setting up the model, the ICMarkets toolkit also has the function of checking the quality of the Fibonacci model. Or chart patterns and important price levels with an extremely high-quality indicator set. Because some traders often get confused because analytical results tend to be misleading. Traders are then required to make their assessments, to limit this situation from occurring.

However, the quality indicators of ICMarkets will help you redefine the level of trust. Users just need to go through it and give the most objective assessment without spending too much time or effort.

See more: ICMarkets: A leading trading platform for the financial markets

Summary:

Through the information that Learn Forex Trading has compiled in the above article. Surely all readers here understand the importance of the ICMarkets Autochartist tool. Hopefully, that will help you grasp how to use the program most effectively.

FAQs:

Is there a fee to use the tool?

Currently, IC Market’s foreign exchange platform is cooperating with Autochartist. Provide all users to use this service for free.

Can Autochartist ICMarkets be used on phones?

The answer is yes, readers can download the application by following the link provided on the ICMarkets homepage. Or you can follow the instructions above from Learn Forex Trading.

Is the usage process complicated?

ICMarkets Autochartist is created for all types of traders. Therefore, the access and usage process is optimized. Make sure that using Autochartist is extremely simple, easy to understand, and easy to operate.

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