London Capital Group Holdings plc (LON:LCG) subsidiary InterTrader.com has partnered with Autochartist to provide its automated technical analysis tool free to live account holders.
Spread betting and CFD clients will have access to Autochartist via the InterTrader web platform. The tool continuously scans thousands of instruments and will automatically notify users when chart patterns, Fibonacci patterns and key level formations are identified.
Clients can use Autochartist to scan multiple markets simultaneously and identify potential trading opportunities in real-time. The tool provides ongoing technical analysis for all major forex pairs, commodities and indices, with a quality indicator to show the strength of each potential trading opportunity.
Shai Heffetz, InterTrader’s Managing Director, said: “We want our customers to think like smart traders and to make smart trading decisions. Using a tool like Autochartist helps them to identify and evaluate potential trading opportunities. It is our philosophy to provide industry-leading tools to our customers free of charge.”
Spread betting and CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so clients should ensure that they fully understand the risks involved.