Spotware Adds Autochartist Analysis Tool to cTrader Mobile

Spotware Systems announced this Wednesday that it has partnered with financial market analytics company Autochartist to provide its market analysis on cTrader Mobile and allow its clients to make more informed investment decisions.

Through the Autochartist Analysis tool, the company identifies potential trade opportunities by using Chart Patterns, Fibonacci patterns, and Key Levels, the statement said.

The Autochartist Analysis tool is located in the “Symbol Overview” section of the cTrader Mobile app now for all users on its Beta version 3.4 for Android and iOS devices. The tool will also be released for brokers who are subscribed to the financial analytic company’s services.

Commenting on the announcement, James Glyde, the Chief Commercial Officer of cTrader, said: “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.”

Autochartist Feature to be Added to cTrader Web

Although the Autochartist Market Analysis tool is only available for the mobile version of the cTrader foreign exchange (forex) and contracts for difference (CFD) Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, the company does plan to add this feature to its web version “as soon as possible.”

“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 Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term on their mobile application,” added Ilan Azbel, CEO at Autochartist.