Jump to content
  • 0

Auto charting

Question

I'm a newbie and apologize in advance for a question that might be plainly obvious but In regards to the autocharts, what time format are they usually in?  15mins? 1 hour?  It never mentions the time of the chart that it has pulled the info from.. Thanks for any help.

Share this post


Link to post

4 answers to this question

Recommended Posts

  • 0
2 hours ago, Zeeman100 said:

I'm a newbie and apologize in advance for a question that might be plainly obvious but In regards to the autocharts, what time format are they usually in?  15mins? 1 hour?  It never mentions the time of the chart that it has pulled the info from.. Thanks for any help.

Hi, I'm presuming you're meaning Autochartist the signals provider, if so then the longer duration trades tend to be H4 or H1 while the short estimated duration trade signals tends to be 15 min, it doesn't really matter as the entry, stop loss and t/p levels stay the same. It does pay to check the risk reward ratio for the trade is reasonable first though.

Share this post


Link to post
  • 0

@Zeeman100,   yes they don't seem to do long term trades only intraday and short term, I don't think the time frames are set, in fact PIA don't show any chart at all, it's the pattern that's important and that will show on any similar time frame. So the signal is displayed with an IG chart as well which is usually a 30 min for you to check the look of the thing before deciding to press the copy order button. If you go to their web site it should give stats on the different patterns success rate etc, the signals are an interesting tool and worth playing about with on demo to see if they suit your trading.

https://www.autochartist.com/

Share this post


Link to post
  • 0
Guest Zak M
19 hours ago, Zeeman100 said:

Thankyou Casey, you have been really helpful..  ZM  

 

 

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Member Statistics

    • Total Topics
      11,921
    • Total Posts
      60,341
    • Total Members
      80,311
    Newest Member
    yijunma
    Joined 10/08/20 11:54
  • Posts

    • Integrate v.11 of PRT with IG. Why are IG still using PRT v.10.3, when v11. which contains many significant improvements, was released over a year ago?
    • 1 last post - couldn't help myself!!! Simple 1 x 1 Gann Angles projected from the high/low price points - I'll admit that this is ultra advanced trading stuff here, the message here is two-fold The markets regardless of what you think or have been told are NOT random, they HAVE no choice but to work out a pre-set course according to their growth or decay Gann Angles are far far better at identifying support/resistance levels - BECAUSE the market or specifically price action is NOT 2D, we can clearly see price conforms to a grid system movement - that ain't 2Dimensional! You could blindly trade those gann angles if you have the right level of expertise and knowledge of them - look at the blue circles - price rallied then fell back to them and bounced pretty accurately, they won't all work and the highest swing high is under threat at which you can't project further levels from Again here's the secret of success - you could of skewed the R value into your favour by having a 20/25pt stop underneath, trailed a stop and made fantastic R value returns Gann said over 100 years ago "Markets are financial points of force and that EVERY low/high is connected to another low/high point of force in the FUTURE, as well as in the past" As you can clearly SEE - he was absolutely right - very few people look at the markets right, when you do you see things completely differently to most other traders/investors There's some real science behind markets moves - I might do a post in future months as understanding what is actually going on helps you see through the fog and makes things a bit clearer  I'll admit I've studied Gann for years and it is not easy, it is very hard to grasp - he hides hidden messages in his course that can throw you off for months and when you to apply his methods some just do not work
    • Indeed🤓
×
×