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. We thought it would be an ideal complement to our DealBook® 360 software.”

Autochartist runs independently of GFT’s award-winning DealBook® 360 trading software, but users can launch the application directly from within Autochartist enabling them to take fast advantage of potential trading opportunities as they happen.

“Autochartist is proud to be associated with a world-leading forex company like GFT,” said Ilan Azbel, director of Autochartist. “We look forward to providing GFT’s customers around the world with a competitive edge through continued access to the very best in innovative trading tools.

GFT is offering the Autochartist software, including the five additional patterns free to all customers with an active account standard account and above. Customers with a mini account can receive the product for $29.99 per month. For more information on how to receive Autochartist, visit http://www.gftforex.com/tradingtools/autochartist/autochartist-overview.asp.