Trading solutions provider Spotware has just released Autochartist Market Analysis on cTrader Mobile. The new addition is now available to all users on its Beta version 3.4 for Android and iOS apps and will be released to brokers who are subscribed to Autochartist services.
Autochartist identifies potential trade opportunities using Chart Patterns, Fibonacci patterns, and Key Levels. The analysis is generated per symbol, for timeframe as low as 15 minutes, providing traders with a graphical illustration and information on the direction of potential price movement along with the forecasted price.
In cTrader Mobile, the Autochartist Analysis tool can be located in the Symbol Overview section.
cTrader was recently updated as a go-to solution for startup brokers.
James Glyde, the Chief Commercial Officer of cTrader, commented:
One of our goals this year is to provide traders with more information and functionality to help them make better trading decisions. The integration with Autochartist greatly contributes to this by equipping cTrader users with an essential tool for technical analysis from a market leader.
Moreover, we expect a particular interest from newer traders who can get acquainted with different technical analysis concepts and gain extra validation of their own analysis.
Ilan Azbel, Autochartist
Ilan Azbel, CEO at Autochartist, commented:
Mobile trading is the hottest topic on everyone’s lips at the moment. This integration demonstrates how mobile trading has evolved from being a simple position monitoring tool, to now offering tools to make informed trading decisions. We are extremely proud to have been chosen as the supplier of choice to power cTrader’s analytics on their mobile application.”
Spotware also plans to release Autochartist Market Analysis on cTrader Web as soon as possible.