Autochartist.com Review

2.542 • 19 REVIEWS
Updated: Feb 2, 2024
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Established: 2004
Contact: sales@autochartist.com
2.542 • 19 REVIEWS

Autochartist.com Most Helpful Customer Reviews

F
Fabian31
Bucharest, Romania,
Nov 21, 2023,
Registered user

review be cautious of false signals

Service use: Live Length of use: 3-6 Months
I've been using the Autochartist tool at my broker for a while now, and the one thing I've learned is that its accuracy largely depends on the timeframe you're trading. On higher timeframes like H4 and above, the tool works impressively well, often providing reliable signals for longer-term trades.
However, when it comes to H1 (1-hour) charts, I've noticed that the accuracy drops to around 30%. It tends to generate more false signals on this timeframe, making it a bit less dependable for intraday trading.

For anything lower than H1, such as M15 or M5, I've found that Autochartist tends to produce even more false signals. It can be frustrating because it often adjusts entry and exit points as the market breaks levels that the indicator initially identified.

So, my recommendation would be to use Autochartist primarily for H4 and higher timeframes where it appears to be more reliable. For shorter timeframes, I'd advise caution and consider combining its signals with additional analysis to avoid getting caught in false moves.
K
kev789
Georgia, USA,
Sep 10, 2010,
Guest

Horrible ,awful, terrible support....i downloaded the demo of autochartist used it for about 2 weeks. I then was having some technical difficulties using the software i emailed their tech support and didnt get a response for about 4 weeks!!! By this time i had lost faith and interest in the product. I told them i was interested in subscribing to the autochartist university pro course, never recieved any response. theyre website changes all the time...i smell a scam maybe...i am glad i didnt pay for anything from them and only used the free trial. If you are interested in learning chart patterns check ANYWHERE else but here
M
Michael Kanzler
Los Angeles,
Apr 22, 2009,
Guest

Autochartist is a time saver in locating your typical chart patterns. It is not intended to make decisions for you but rather to make your decisions quicker and easier. With a suscription I was told I would receive access to a training called PRO series.
Although the PRO series was to have been sent after enrolling, it was not until my 3rd request I finally gained access. However it gets worse. The training courses offered by Autochartist University are by Ragee H. who is absolutely horrible when it comes to teaching. She is a scatter brain in teaching, all over the map, contradicatory in her statements, choppy speech, and unorganized. Get the software, but get your education on trading patterns elsewhere. No education would be better than a bad education through Raghee H.

Recent User Reviews of Autochartist.com

P
phatfaltu
Houston, USA,
Jan 31, 2020,
Registered user

Horrible

Service use: Live Length of use: 0-3 Months
Useless. I get their signals via IG and most of the time they are wrong. What is truly bad is that they raise a signal and then silently remove it, if it does not pan out, so we cannot judge their performance. Even the signals with>75% confidence are bad. They need to go back to the drawing board and redesign their algorithms.
1 trader has found this review helpful
K
Kevin James
London, United Kingdom,
Oct 11, 2016,
Guest

Not Good

Very poor!! Also scanned this software and found some interesting virus properties indicating that it copies items from your computer . Non existent customer service (what a surprise) charts are ok but nothing you can't chart yourself. My advice would be to steer well clear.
J
John
New Zealand, New Zealand,
Sep 9, 2016,
Guest

Avoid Autochartist like the plague

Do not ever go here, just avoid Autochartist like the plague, better still do the opposite of their "probable recommendations" and you will make money, if you do what they recommend you will lose big time, trust me i have followed them for months and they are WRONG 80% of the time.
D
david kendall
essex, United Kingdom,
Jul 21, 2015,
Guest

just spent first week trialing autochartist.9 out of 10 trades reversing from recommendation from commision to stoploss.decided if this is happening constantly reverse trades.every day i've emailed a problem and they've told me they'll sort it out.every day something else.today the last email.i took a daily eurtry on recommend.admittedly didnt check first i knew was when it wouldnt allow stoploss at price.turns out this breakout happened about 3 months ago.all this has destroyed a demo account in under 2 weeks at 1 penny per pip.
H
Hungry Hound
Tapanui, New Zealand,
Dec 3, 2014,
Guest

I watched a review of this product and went onto their website to try and buy it / Use it. Unfortunately it became an exercise in frustration.
I eventually managed to register and download a trial version only to find I could not access it due to having no username or password.
It would appear that the only way to get this product is through a supporting broker.
What is apparently good software is being spoilt by a poor customer web site and marketing system.