Tickmill Introduces New Technical Analysis Tool to Enhance Trading

Online Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFD broker Tickmill has teamed up with Autochartist to provide free actionable trading signals as part of its commitment to improve its clients’ trading experience.

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Smart Tool

Autochartist is an online technical analysis tool which scans the market to provide users with detailed breakdowns across a wide range of forex and CFD instruments. Users are able to access the service and receive live trading alerts throughout the day so as not to miss any profitable trading opportunities.

Tickmill’s advanced technical analysis powered by Autochartist allows traders to make informed decisions by identifying support and resistance levels with proven charts and Fibonacci patterns, assessing risk and optimising stop loss and take profit levels with Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term analysis, improving market entry and exit points by pinpointing key horizontal lines and capitalising on market-moving news events with insightful market reports.

Duncan Anderson, Tickmill UK CEO, commented: “Offering Autochartist without any restrictions is a way to give something back to our loyal clients and add value for new ones. 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.”

The technical analysis tool can be accessed via the Autochartist web app or MT4 plugin.