GRAND RAPIDS, Mich., June 21, 2010 – GFT has introduced Autochartist Trade Ideas, a new, complementary application that helps short-term currency traders reduce the amount of guesswork involved when deciding what currencies to trade.
Autochartist Trade Ideas provides real-time trade setups that include all of the necessary information that beginner and intermediate traders alike need to confirm existing research and help them feel more confident in their trading decisions.
“We asked our customers, ‘What would help you become a better trader?’” said Gary L. Tilkin, president and CEO, GFT.
“These real-time trade ideas are the result of listening to both the market place and our customers and then taking action to deliver a great product that helps make price-chart patterns more meaningful to traders,” said Tilkin.
As a built-in, add-on feature to GFT’s award-winning trading platforms, DealBook® 360 and DealBook® WEB, Autochartist Trade Ideas alerts GFT customers when it detects a trade setup and displays the time frame in which the trade may unfold. Customers can also view real-time information based on over 15 common chart patterns, including:
- Entry, stop, limit points, along with how many pips the trade could potentially make
- Probability of the trade reaching its forecasted level
- Currency pairs to trade, whether to buy or sell and the time period of the trade
Traders who fund their GFT account with $2,500 or more can access Autochartist Trade Ideas for free (view more details about GFT’s account packages by clicking here), and GFT is offering an additional $200 bonus until July 31 for new accountholders (click here for details).
The Autochartist software has already proven to be a great asset to GFT customers. Many have used it to identify market patterns and determine possible trades. The addition of GFT’s new Autochartist Trade Ideas takes the pattern-identification concept one step further.
By providing traders with the trading information they need without sending them outside of the trading platform, Autochartist Trade Ideas can show traders multiple potential trade setups so that they can more easily execute trades directly in DealBook®.
"With this new tool, traders are getting the two things they need most: the unbiased trade ideas of Autochartist combined with GFT’s world-leading forex execution services,” said Tilkin.
"This is another step further in providing GFT's customers with a competitive edge through continued access to some of the very best in innovative trading tools," said Ilan Azbel, CEO, Autochartist.
View more product details here.
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