By: Dima Chernovolov NZD/JPY continues to rise inside the clear Up Channel chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the quality of this Up Channel at the 6-bar level – which is the result of the slow Initial Trend (3 bars), strong Uniformity (7 bars) and near-maximum Clarity […]
By: Dima Chernovolov GBP/AUD continues to rise inside the well-formed Up Channel chart pattern which was previously identified by Autochartist on the 4-horu charts. Autochartist rates the quality of this Up Channel at the 5-bar level – which is the result of the slow Initial Trend (one bar), strong Uniformity (7 bars) and higher Clarity […]
By: Dima Chernovolov GBP/CHF continues to fall after the earlier breakout of the 4-hour Rising Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 6-bar level – which is the result of the above-average Initial Trend and Uniformity (both rated at the 6 bar level) […]
By: Dima Chernovolov AUD/NZD continues to rise inside the clear Rising Wedge chart pattern which was previously identified by Autochartist on the 30-minute charts. Autochartist rates the quality of this Rising Wedge at the 6-bar level – which is the result of the slow Initial Trend (2 bars), significant Uniformity (7 bars) and near-maximum Clarity […]
Autochartist is proud to announce that it has concluded the acquisition of a controlling stake in Delkos Research (www.delkos.com) – a company providing forecasts and content for Futures and Forex brokers based around macro-economic news events. This is the second acquisition that Autochartist has concluded in 2018. Delkos’s News Events Trading Services (NETS) allows traders […]
By: Dima Chernovolov USD/CHF continues to rise inside the Rising Wedge chart pattern which was previously identified by Autochartist on the hourly charts. Autochartist rates the quality of this Rising Wedge at the 6-bar level – which is the result of the slow Initial Trend (2 bars), above-average Uniformity (6 bars) and similar Clarity (6 […]
Converting back of the envelope ideas to trading algorithms is extremely challenging, but requires significant attention. This could be the single item that makes your system great. In this post, I suggest a way to find more defined support and resistance metric using limit order books. Creating a Order Book Metric To start, I want to create […]
By: Dima Chernovolov EUR/JPY recently broke the 4-hour Falling Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 7-bar level – which reflects the slow Initial Trend (3 bars), average Uniformity (5 bars) and near-maximum Clarity (9 bars). Autochartist rates the strength of this breakout […]
By: Dima Chernovolov NZD/USD continues to rise inside the clear Falling Wedge chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the quality of this Falling Wedge at the 6-bar level – which is the result of the slow Initial Trend (4 bars), above-average Uniformity (6 bars) and maximum Clarity […]
By: Dima Chernovolov USD/JPY continues to fall inside the uniform Down Channel chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the quality of this Down Channel at the 5-bar level – which is the result of the slow Initial Trend (2 bars), above-average Uniformity (6 bars) and higher Clarity […]
