Free pattern
recognition software
Integrated software can help you identify potential trading opportunities.
Pattern recognition is one of the most versatile and powerful technical analysis tools traders can have at their disposal. On Marketmaker™ Web and Desktop, it’s yours for free. Our integrated pattern recognition tool can follow price patterns for you, and allows you to trade when you feel the moment is right. On Marketmaker™ Desktop, you can even place your order direct from the chart.
Nine patterns you can apply
Triangles? Wedges? Channels? Head and shoulders? Diamonds? Each pattern has a story to tell about the direction of the market. You can pinpoint and overlay any pattern on any chart, and then watch it develop in real time.
Assess each pattern by its star rating
Every pattern even gets a one- to five-star rating based on a range of indicators including MACD, the RSI, stochastic oscillator, 21- and 55-day period moving average, the DMI plus and DMI minus. The more stars, the stronger the signal.
Tag emerging patterns
Some patterns are on their way to becoming opportunities ... some are already there. Use the tool to tag emerging patterns and get an alert when the pattern is complete. Want to know how previous patterns have panned out? Naturally past performance is no guarantee of future success, but if you want to know how previous patterns have panned out, you also have the ability to review.
Execute instantly
Sell on resistance and buy on support, or trade the break live from the chart on Marketmaker™ Desktop and trade instantly on the current pattern.
How can you find out if CFDs are right for you?
Practise for 7 days with $5,000 virtual cash.
Develop your pattern recognition skills as you practise on Marketmaker™ Web or Desktop with a $5,000 demo account, and see how many potential new trading opportunities you can identify. With a demo account you also get online access to exclusive customer-only educational material. Before you start, download our free Trading Smart guides Dealing with Risk and Tell-tale Trading Patterns.
