10 May, 2019
Spotware, an expert in building trading solutions, released Autochartist Market Analysis on cTrader Mobile. It 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 is located in the Symbol Overview section. For more information, users can open Pattern Details which offer a full overview of the pattern. Orders can be quickly placed in both screens of the app providing a seamless trading experience.
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, 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.
Autochartist is a financial market analytics company that leverages big data and proprietary technology to help stock futures and currency traders make more informed trading in the investment decision. Since its inception in 2004, Autochartist has grown to become a global leader in automated financial content generation and trade execution analytics for many leading Stock, Currency, Futures and CFD brokerage firms across the globe. The company services millions of traders in over 100 countries worldwide through their vast broker partnerships and prides themselves on their core commitment to service excellence and ongoing market leadership through the development of new innovative products and services.
Spotware is an award-winning financial technology provider specializing in complete business solutions and complex custom development projects that add value to their clients. It is best known for its flagship product, cTrader, a premium FX and CFDs trading platform offered by leading brokers and trusted by millions of traders worldwide. It has also developed cXchange, an out-of-the-box digital asset exchange solution that allows any business to launch a cryptocurrency exchange. Spotware has been raising the standards of the online trading industry since 2010 providing constant innovation ever since. Founded on the values of transparency and Traders First™ approach, the company develops products that are responsive to the changing demands of business and regulatory landscape, and serve the long-term interests of all market participants.
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