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Alpari UK partners with Autochartist to launch Alpari AM forex tool

Sep 07 2011

Alpari UK and Autochartist inroduce Alpari AM - a forex pattern recognition tool that report 72% forecast accuracy since Feb 14 2011. Now all forex analysis and forecast are available in charts and text mode. 
Alpari UK is pleased to announce the launch of Alpari AM – a brand new trading tool for our Live clients that automatically and independently scours Forex market price action throughout the trading day, detecting technical patterns which help traders to identify technically inspired trading opportunities.
Alpari AM, introduced in collaboration with Autochartist, a global leader in chart pattern recognition, goes beyond what traditional automated technical reports tend to offer because all analysis is now compiled into readable text that can be viewed in tandem with technical charts that are very popular with traders. The service functions in tandem with the existing Autochartist service. Since the start of collaboration between Autochartist and Alpari (UK) on 14 February 2011, the report has a forecast accuracy ratio of 72%* (up to 8 August 2011).
George Tchetvertakov, Head of Market Research at Alpari (UK), said: “Launching a service such as Alpari AM specifically for Alpari (UK) clients demonstrates our commitment to delivering innovative institutional-level research tools for the retail market. I feel it’s beneficial for traders to have instant access to both technical and fundamental market analysis not only quickly but also in several formats. It’s pivotal for us to offer a wide spectrum of research tools in order to provide traders a more accurate and balanced representation of market events.”
A key feature of Alpari AM is its multilingual capability with reports available in 11 languages at any time throughout the US, European and Asia trading sessions, five days a week.
Each day, the service generates a separate report at the beginning of each globally recognised trading session – beginning with the Asian session, then moving onto the European session and after that to the US session. Each report shows seven technical charts of the most active currency pairs alongside the accompanying text. For reference purposes, recent reports are archived.
Alpari AM is available for free to all our Live clients.
Currently, Alpari (UK) research content includes a live market commentary service, both automated and manual technical analysis, daily/weekly text fundamental market reports, a UK equities research hub, a comprehensive economic calendar and WebTV.
*Past performance is not a reliable indicator of future results
TAGS: alpari uk  alpari  autochartist  alpari am  pattern recognition 

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