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Free Autochartist MT4 plugin

Forex4you offers Autochartist plugin for MetaTrader 4 for free.

Autochartist is one of the world's leading automated technical analysis providers. Autochartist's proprietary technology allows it to monitor thousands of financial instruments 24 hours per day and uncover potential trading opportunities. Autochartist's research is grounded in technical studies that gauge psychological behaviour in the markets. Research produced by Autochartist can be used across a wide range of instrument classes by trend traders, swing traders, short and long term traders. The mathematical approach applied makes Autochartist a leading source of unbiased technical opinion and potential trading opportunities.

  • The Autochartist MetaTrader Plugin is filtered by your market watch list in your MT4 platform and presents all relevant trading opportunities over multiple timeframes.
  • One click on the “View” button automatically opens the correct chart, the correct time frame; the trading opportunity overlayed; the forecast region together with past opportunities.
  • Also automatically mapped is Autochartist volatility analysis to help set realistic exit levels based on expected market volatility.
  • Subscribe to receive e-mails with an outlook of the markets over the next 24-48 hours.
  • Access the Autochartist historical 6 months Performance Statistics from the plugin. Or use our minimum probability function to find the most statistically relevant opportunities.

The research contained in this report should not be construed as a solicitation to trade. All opinions, news, research, analyses, prices or other information is provided as general market commentary and not as investment advice.

Autochartist, MDIO Software, their members, shareholders, employees, agents, representatives and resellers do not warrant the completeness, accuracy or timeliness of the information supplied, and they shall not be liable for any loss or damage, consequential or otherwise, which may arise from the use or reliance on the service and its content.

No representation is being made that any results discussed within the service and its related media content will be achieved, and past performance is not indicative of future performance.

Installation guide

The installation procedure is easy and available in 11 different languages (see the easy to follow 1 min video).

Read detailed installation guide

Step 1

The first window will ask you to select the language you wish to display during the rest of the installation.


Step 2

After the welcome and disclaimer windows, the installer will inform you that it will try to determine the correct folder to install the plugin to. If the correct MetaTrader 4 terminal is listed, click on the radio button next to it and select "Ok". If your MetaTrader 4 is NOT listed, please see the Trouble Shooting section. Click "Next".


Step 3

The next window will ask to label the Shortcut that will be created for the Expert Advisor. Click "Next".


Step 4

Enter your email address to complete the installation and receive a daily forecast report.


Step 5

If you are installing the Autochartist MetaTrader Plugin as a Direct User subscriber, or if you broker requires a username and password login procedure, the next window will ask you to enter those details. Please consult your broker for the username and password (if they require it) or as a Direct user please check the email you received from Autochartist that contains your username and password.


User guide

Get the most out of the service by watching this 3min video to revolutionize your trading!

Read detailed user guide

Important note! All of the windows of the Autochartist Expert Advisor can be dragged to a different location, or minimized. All except the "Pattern Details" window can be closed. Once the close-button of the main windows is clicked, the Expert Advisor will remove itself from the chart window.

Once your advisor has been installed, you can (re)start your MetaTrader terminal, and it should be listed in the Navigation window, under the Expert Advisor tree-node.

Drag the Expert Advisor onto any chart window.

Once dragged onto a chart, the advisor will try to connect to the Autochartist services to retrieve data. When successful, your chart should display as per the image below.

The Main window of the Advisor is the one at the bottom left. This window has several features.

Also displayed on the chart, is the Autochartist Volatility indicator.

This indicator displays statistical analysis of volatility over a period of 6 months, for this specific instrument at this specific time. The volatility indicator will display the averaged maximum price movement for the next 15 minutes, 30, 1 hour, 4 hour and 1 day based on statistical analysis of the last 6 months.

The last window of the Expert Advisor, is the Details window. In this window details about the pattern is displayed (breakout strengths, quality etc.). If the pattern has a minimum probability of 60% or higher, the specific details of the probabilities will also be displayed here.