Autochartist say they offer unique global market analysis and decision support tools for trading and brokers without hiring a team of analysts and translators.
If you’ve had a spread betting account or done any CFD trading over the last few years you will no doubt have had access at some point to either Autochartist or Trading Central.
Both technical analysis platforms look at the market and atomically produce trading signals from their algorithms. These trading signals are then displayed and in some cases and analyst will expand on the opportunity.
But, as brokers move away from providing advice or even anything that can be construed and implied advice it’s independent third-party research providers that could provide an alternative.
So, if you find it impossible to keep up with the thousands of trading signals generated each day and need some professionals to sift through the mist for you. Here are three potential alternatives to Autochartist and Trading Central.
Here’s three potential Autochartists and Trading Central alternatives…
1. Futurestechs
Futurestechs is a technical analysis research provider headed up by Clive Lambert. Clive is on the board of the Society of Technical analysts and been running Futurestechs which has provided research and analysis to banks and brokers for the last 18 years.
2. Acuity Trading
Acuity Trading, headed up by Andrew Lane, provides sentiment based analysis direct and through brokers to traders. Acuity trading has been trading since 2013 and uses a combination of machine learning and natural language processing technology to automate the process.
3. Investors Intelligence
Investors Intelligence corporate solutions, has provided data, signals and analysis to some of the largest brokers in the past including, IG, London Capital Group, Selftrade (now Equiniti), Barclays, TD Waterhouse and ADM to name a few.
The technical analysis is based on end of day pricing and looks for short to medium term trends in the market. Their longest indicator has been running since 1963 and measures professional sentiment (not social media) to show when the market is over bought or oversold, allowing clients to trade or hedge appropriately.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
You can contact Richard at richard@goodmoneyguide.com