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Auto charting


Zeeman100

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.

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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.

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@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/

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