The Autochartist recognition engine is designed to identify predefined price chart patterns such as head and shoulders, channels, wedges, and triangles in stock price movements. The new release of the software is capable of scanning over 1000 charts every 5 minutes (on standard Intel based server hardware). This speed enhancement gives Autochartist the ability to monitor global markets in a semi-real time environment, thus providing invaluable chart pattern information to the more active investor that is looking for intra-day signals.
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