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Forex brokerage Tickmill said it has partnered with Autichartist to offer clients its offer its technical analysis tool and actionable trading signals.
The analysis tool is available to Tickmill clients via an Autochartist web application or as a plugin for the MetaTrader 4 (MT4) trading platform. The new service is available free of charge.
“Offering Autochartist without any restrictions is a way to give something back to our loyal clients and add value for new ones,” said Duncan Anderson, Tickmill UK CEO. “The addition of Autochartist to our current extensive range of trading tools is another significant milestone for Tickmill and we look forward to adding more in the near future,” he added.
Autochartist is a tool for automated identification of chart and Fibonacci patterns especially designed for trading via the MT4. It automatically monitors the performance of financial instruments (mainly forex and CFDs) and, using performance statistics, finds trading opportunities and evaluates potential risks and the highest chances of success. The collected data is presented in a single comprehensible chart.
It also features volatility analysis and historical six-month performance statistics, news events and market reports, volatility analysis, and others. Autochartist tools can be beneficial for trading in the forex, indices, equities, and commodity markets. It covers more than 50 currency pairs, 200 stocks, the biggest indices, as well as the major commodities.
Autochartist Ltd., the developer of the self-branded plugin, is based in Cyprus.
Tickmill, set up in 2014, is licensed by the Financial Services Authority (FSA) of the Seychelles and by the UK Financial Conduct Authority (FCA). It is an electronic communication network (ECN) and no-dealing desk (NDD) broker, which offers trading in diverse financial instruments, including currency pairs, CFDs, stocks, indices, commodities, and precious metals.
The broker is actively present in Asia, the Middle East and Africa. It has a live client base exceeding 20,000 clients and processes more than 3 million trades a month.