Tuesday, July 14, 2009

GFT and Autochartist™ Team Up to Unveil Five New Exclusive Analysis Tools

Ada, Michigan, June 9, 2009 – GFT—worldwide leaders in online currency trading—and Autochartist™— chart pattern software for forecasting financial market trade ideas—have teamed up to offer traders new Fibonacci-based market patterns, including two patterns exclusive to GFT. 

GFT customers with a standard account and above now have access to Autochartist's™ powerful market-pattern-recognition capabilities for no cost. The software assists traders in identifying potential market patterns using its popular forward-looking market analysis tools to help determine possible trades, which are then executed with GFT's DealBook® 360 trading software.

Autochartist™ has already proven itself an asset to traders, but collaboration with GFT has enabled both companies to take the software a step farther. In addition to chart patterns such as flags, pennants, double-tops, double bottoms and triangles, Autochartist™ now automatically detects and alerts traders to several Fibonacci-based patterns, including the standard Fibonacci retracements, standard Fibonacci projections, standard three-drive patterns and—exclusive to GFT—butterfly and Gartley patterns.

By adding chart patterns to an already exceptional tool GFT is able to uphold its commitment of providing customers with the best possible software and give them a potential competitive edge. 

"When we first saw Autochartist™ in action, it was clear to us that it was a unique product," said Gary Tilkin, president and CEO, GFT. "Autochartist™ is sure to appeal to any trader looking for a consistent, unbiased, and immediate technical analysis tool."

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