Do not invest more money than you can afford to lose.
Blueberry Markets, the latest forex and CFD broker to appear on the Australian market, announced it has added the Autochartist market scanner for MetaTrader 4 (MT4).
The tool includes options to automatically scan the market for trading opportunities and provide trading ideas. It produces performance statistics on previous forecasts, calculating the success rate of key patterns and levels and lets users watch all currencies and time periods from a single chart. The Autochartist market scanner automatically plots charting patterns and key levels on the user’s MT4 trading terminal, provides daily market snapshots and issues alerts for high impact economic news.
Autochartist is available for Blueberry Markets’ clients by signing up for a demo MT4 account and then downloading the Autochartist plugin and installing it. It also contains an installation and user guide.
Blueberry Markets is owned by the former AxiTrader executive Dean Hyde and launched trading this August. The broker is regulated by the Australian Securities and Investments Commission (ASIC) and is authorized to provide financial services to people in Australia. Blueberry Markets is an Authorized Representative of EightCap Pty Ltd., which operates the EightCap forex broker.
For opening an ECN account, the broker requires an $100 deposit. It offers trading in forex and CFDs on the MT4 platform, with a maximum leverage of 1:400.
Autochartist is a tool for automated identification of chart and Fibonacci patterns especially designed for trading in forex and CFDs via the MT4 platform. It automatically monitors the performance of financial instruments and, using performance statistics, finds trading opportunities and evaluates potential risks and the highest chances of success. The plugin also features volatility analysis and historical six-month performance statistics. Autochartist users access all this information collected into a single comprehensible chart.