Autochartist is a powerful pattern-recognition tool available to all IG Markets clients. It takes the hard work out of monitoring and analysing markets, automatically identifying signs of emerging trends and alerting you to potential dealing opportunities.
Chart pattern recognition theory has been widely used since the 1930s, and is regarded by many traders as a benchmark to gauge oversold or overbought levels in terms of market psychology.
Autochartist features
By automatically analysing the markets and alerting you to any emerging or completed patterns, Autochartist releases you from the time-consuming process of chart-analysis.
Autochartist is designed to suit the needs of those new to chart analysis and experienced traders alike, combining an intuitive interface with a powerful range of sophisticated analysis tools.
Get started in seconds using the default settings, which cover the whole range of available markets and pattern types, or define your own custom pattern-search criteria, filtering by type and quality in your key markets.
Objective real-time analysis
Accessed through PureDeal, Autochartist examines our forex, index, equity, energy and metal markets to identify a wide range of established technical and Fibonacci patterns.
You receive an automatic alert within moments of chart patterns forming, enabling you to react swiftly to market changes. Furthermore, the programme's quality indicators provide you with objective analysis of a pattern's strength and other key characteristics, allowing you to make informed decisions.
Once you have a made a decision, Autochartist is also capable of helping you plan your next move, with breakout strength or weakness indicators and projected forecasts.
Get started with Autochartist
Autochartist is available in PureDeal - simply follow the link from the Tools menu.
Our Head of Client Education Adam Lewis has recorded an online seminar providing an essential introduction to Autochartist.
Advanced chart analysis
Also of interest is our series of in-depth guides to Autochartist, helping you get to grips with more technical aspects of the software and grow in confidence with pattern analysis in general.

