 We have just a few more minutes to go before we start the recording. I just want to make sure that everyone can hear me clearly. If I can just get a hello or yes, I can hear you, that would really help me out. Great. Thank you very much. Good. Thanks. Okay, good. So everyone can hear me. That's a good thing. That's a good start to the webinar. Okay. We'll just wait another minute or so. We do have a few more people joining the session. Right. So, Luis, yes, the session will be recorded. And either us or Tikmal will be sending you a link to the recording. So, you don't have to worry about staying for the entire thing. Anyway, my webinars are normally pretty short. We'll see how this one goes. I try to know that people's attention in days is busy, so I try to keep them less than 30 to 40 minutes, but we'll see how today's goes. It depends if the markets behave for us or not. Okay. I think we should get going. I do have support staff online with me from both AutoChartist and Tikmal. So, if there's questions, then please go ahead and ask them. Okay, Yvette, I presume you're going to start the recording now. Yes. Good to go. Hello, everyone. Welcome to today's webinar, which is an overview of the AutoChartist software and services. My name is Ilan Asbel. I am currently the CEO at AutoChartist. I was one of the founders of the company about 15 years ago. I'm absolutely delighted and honored to have this opportunity to present to you. Before we get going, I need to read to you a legal disclaimer provided to me by Tikmal. Trading financial products such as CFDs on margin carries a high degree of risk and is not suitable for all investors. Losses can exceed the initial investment. Please ensure you fully understand the risks and take appropriate care to manage your risk. Okay, so that's the legal lease done. And from my side, obviously, the most important thing is that I want to make sure that you know that you should not be trading with money you cannot afford to lose. Okay, so always be cautious and you'll find that through the series of three webinars, I always promote cautious trading, small position sizes, always setting stop losses and take profits. That is my style of trading. So just to give you a bit of background about myself, I have been trading in the markets for about 15 years. I used to be a full-time trader on the Johannesburg Stock Exchange. I then moved into the Forex space and automated trading. I now trade both stocks that's equities as well as Forex. Obviously, not on a full-time basis, but I'm very active in the markets. Everything you'll hear from me in this presentation and in the next two presentations after this is all about my personal trading experience, my personal trading style. So I hope that you will be able to find your own personal trading style through the completion of this webinar series. As I said before, I have some staff on the line with me doing support. If you have any questions, they will be monitoring the question section and what will happen is that they will try to keep a note of some important questions that I can answer at the end of this presentation. And that's enough of the introduction and let's get going. So if you want to get the first things first, if you want to get hold of the AutoCharter service, you go into the TITMO website, you click on Tools, AutoCharter, and you will see a webpage that looks something like this. And if you scroll down, there's a whole bunch of features and all of that stuff, but the good stuff is right at the bottom. So the thing that I'll be working with today is this thing called the MT4 plugin. And if you want to get going with the same things that I'm going to be showing you today, you download and install the MT4 plugin. It should be a very, very simple installation process. You install the MT4 plugin, you click this button, it downloads a setup file, you run that setup file, it clicks through a whole bunch of kind of next, next, next wizard questions and you should be up and running in a few minutes. When you're up and running, oops, wrong screen, when you're up and running, you should see this on your screen, your Metatrader and inside Metatrader you'll have an expert advisor by the name of AutoCharterist. Okay, and all you have to do here with this AutoCharterist expert advisor is drag and drop it onto your chart that you have opened. Now, don't worry, I know it's called an expert advisor but AutoCharterist will not trade on your behalf. Okay, it doesn't trade on your behalf, right? It's called an expert advisor because we use some technologies which are only available to expert advisors and not to indicators. But you don't have to worry, it won't trade for you. So all you do is you drag and drop it onto your chart and you click on the OK button and within a few seconds, if all goes according to plan, you should see an AutoCharterist window on your screen, like I have over here, right? You can all, I presume you can all see this little AutoCharterist window that I have. So at this point it's important for me to tell you what AutoCharterist is. AutoCharterist is not a signal system or trading system that you can follow blindly. AutoCharterist is a market scanner that tries to provide you an indication of where the market opportunities are in the market at the moment, okay? So what it's saying to us right now is that it believes there's an opportunity on CAD-JPY 15 minutes. There's an opportunity on EuroGBP 1 hour. An opportunity of NZD-USD 4 hour. An opportunity on Ord Swiss Franc 1 hour, et cetera, et cetera. In fact, AutoCharterist has produced 9 pages of opportunities for us right now, okay? And I'm going to show you how to filter that down because no human being is expected to go through 9 pages of trading opportunities every day. Excuse me, I'll clear my throat. So just a few more things before I start showing you how to filter this down. These trading opportunities are firstly filtered on the instruments you have open on your MarketWatch window, right? So if you want less opportunities, all you do is you remove instruments from this MarketWatch window to get less opportunities on your AutoCharterist. I always tell people that they should limit the number of instruments they have on the MarketWatch window anyway because having a lot of instruments on here actually overloads your MetaTrader, overloads your computer, you'll get much better performance and communication if you reduce the amount of instruments that you have on your screen. If you only trade GBP and Euro, then only have GBP and Euro on your screen. If you trade, you know, the seven majors have the seven majors on your screen but you don't have to have all the instruments that you don't trade. For example, if you don't trade CrossRates, for example, you don't trade CAD, JPY, then why have it on your screen? Remove it off your screen and you'll take up less bandwidth, there'll be less ticks coming into your MetaTrader. You might even get better execution or communication between your MetaTrader and the back-end servers. Okay, so once you have AutoCharterist displayed on your screen, what you can do is you can actually click on these view buttons over here to change the chart that you're looking at. So for example, you have NZDUSD four-hour chart on here. I can click on this CADJPY 15 minutes and AutoCharterist changes my CADJPY 15-minute chart. So now you can see I've got CADJPY 15 minutes. I'm showing you that because it's quite an important feature of AutoCharterist. What I'm sure some of you have found when you're trying to trade the markets and trying to keep track of the markets is that there is no market scanner built into MetaTrader. If you want to scan multiple assets across multiple timeframes, you have to open up lots of charts. I've seen people with 5, 6, 10, 12 charts open on their screen. After a while, you can't see what is actually going on your screens. But if you use AutoCharterist as a market scanner, again, if it fits your trading style, you can have one chart open and then you can click on these different view buttons to go through the instruments because you have an entire view on what the market is saying just based on this window. And now let's look at this example that we've just come up with right now. We clicked on this example for EuroGVP H1. So you can see our chart is now EuroGVP H1. And what AutoCharterist is telling us that there's a falling wedge and it's broken through a resistance line. And that's exactly what's displayed here on the chart. You can see that we have a falling wedge signified by these two, this blue line and this green line. And you can see that this price has been moving quite nicely between the support resistance level and there's been a breakout through this resistance level. And we provide you this gray block which is the expected target of where we think the price is going to go. I'll explain these blue lines in just a moment. So now notice how on each one of these instruments when you click on this view button this CADJPY opportunity, it'll come up again in just a moment. Here it is. So you can see that the price of CADJPY on the 15-minute chart has broken through this resistance level and we think it's moving up to this gray block. This is a 15-minute chart. So this is only a few pips. The same opportunity exists on CADJPY 30. I can click on view and it'll change to my CADJPY 30 chart. And you can see that the same breakout exists on CADJPY 30. This is in fact a very interesting thing. If you get multiple signals in the same direction on different time intervals we found that that is a really, really powerful opportunity. But you're not limited to only looking at these view buttons on order chart. For example, I can click on the daily chart and if there's anything on daily it will show it to me. There might or might not be up. There is something on daily chart and I'll explain this at the moment. You can see that the price of CADJPY daily is moving between these very, very significant support and resistance levels. You can see these price fluctuations very clearly. It looks like right now the price has moved up, touched resistance, touched support, back up to resistance and heading down towards support again. Very interesting buildup over there. Let me try to click on a different instrument. For example, actually taking a market watch instrument, dragging and dropping it onto my chart. Let's see if something exists on your USD daily. Something does exist. However, it was identified quite a few days ago. I'm going to move that window out of the way. You can see that this opportunity actually was identified. Let's see where that was. There was identified on September 13th. It broke through a support level and we gave it a target level over here. The price kind of reverted back a little bit and now heading towards this target level again. You're not limited to only looking at the opportunities that we've got listed here on the auditorium's window. You can change time intervals, change instruments, whatever you want. If something exists, some important information exists on that chart. Autochartist will show it to you. Now what I want to do is, now that we've clicked on a few of these instruments, I want to show you the different types of opportunities that Autochartist identifies. The first thing you can see that we've clicked on a few examples with what we call technical chart patterns. These are triangles, folding wedges, channels, etc. Autochartist identifies two different types of opportunities. The first is these breakout opportunities that I'm showing you right here. Here the price is actually broken through a support level, which means that the price was moving between two psychological levels, support and resistance, and now the price has moved through below or above these psychological levels. The theory of chart patterns is that when a price breaks through a support resistance level, the trend will continue in the direction of the breakout. This is something that has certainly been true in this situation. You can see there's been a breakout, and now the price has moved lower in the direction of the breakout. But it's not always the situation that Autochartist shows you these breakouts. In fact, let's look at CADJPY example I showed you earlier. We're at CADJPY 15, and then we switch to our daily chart. And you can see in this situation that the price has not yet broken through support or resistance. The price is still in fact trending within support resistance. So what we have got here is a price that has not yet broken through. It has not yet broken through the support level. This in Autochartist is what we call an emerging pattern. The pattern has not yet broken through. Now this doesn't mean that this pattern is not tradable. You can trade it in a different way. So when we have a breakout like this, I keep on switching between parts. I hope that's okay with everyone. This tells us trade as soon as possible and set a take profit potentially where the gray area is on our target level. Same for this CADJPY 30-minute chart. You could potentially take a position right now in the market long with a take profit at this level over here. But if you look at this daily chart, this has two different trading styles that you could use. You can either set a short position right now on the market to go short with a take profit at this level over here. Or what you can do is you can wait for the price to break through this level to set an open position. So what you can do is you can wait and do nothing and wait until Autochartist tells you that CADJPY has broken through a support level. Or what you can do is you can do something more advanced and you can set a pending order. You can do a sell stop, a sell stop pending order at this price level over here. So a sell stop means that your broker will have the order on its back end. And if the price breaks through the support level, then you will set automatically be entered into a position, a short position in the market. So in a way these emerging chart patterns, they give you almost like a preemptive strike on the market. So you don't have to be reactive, you can be proactive. So this is how Autochartist tells you there is an emerging pattern in the market. Notice that these icons over here are green. But notice underneath them we've got some gray icons. Gray icons are emerging patterns. So let me erase all these drawings that I've got. Let's click on some of those. So let's click on Ord Swiss Frank. You can see in this situation that Ord Swiss Frank is trading between support assistance has not yet broken through. Let's click on this Swiss Frank JPY example. Here's another emerging pattern. Again you can see on the 30-minute chart the price is fluctuating between support and resistance, and the price is bounced off the support line and now moving up towards the resistance line. Again, two styles of trading. Either you can open a position right now at the spot price, or you can wait for the price to break through and then open a position. Or by obviously setting a buy stop right now. So during the market later. And so Autochartist scans all the instruments you have in your market watch window and gives you all these trading opportunities. So now I want to show you a few other types of instruments or a few other types of trading opportunities that Autochartist identifies. Not only do we identify these opportunities based on support and resistance, we also have opportunities on other types of technical analysis. For example, an opportunity on Euro JPY on Fibonacci patterns. There's been a ABCD Fibonacci pattern on Euro JPY. Let's see what that looks like. I can't see. It's not really drawing properly right now. But Autochartist believes that the next turning point on Euro JPY is going to be at one of these levels over here. You can actually see all the Fibonacci levels that we provided for you. We can go through all of these pages of instruments and you can see that there's a whole bunch of instruments that have got patterns in them at the moment. Here's an interesting one that I wanted to find for you. This is a resistance line identified on Ord Swiss Frank. Let's click on that and see what that looks like. Look at this green line over here. Autochartist has identified a resistance level at this green line. Let's actually zoom out a little bit on this chart. You can see that it's actually done a pretty good job of identifying this resistance level on Ord Swiss Frank. It's got this turning point over here, again over here, and again over here. Quite an important level and what we need to do is we need to watch Ord Swiss Frank if the price again bounces off this level in the future. I don't expect you to go through all of these nine pages of instruments. That's just ridiculous for anyone to go through. What I want to do is I want to show you a few hints of what I do to narrow this down. First things first, again, this is my trading style. I do not trade short-term opportunities. I don't do this because I don't want to scalp. Firstly, I don't want to pick up one, two, I'm looking for bigger movements. I'm looking for movements over 20 perps, projected movements. The first thing I do is I remove my M15 and M30 timeframes from my scanner. The second thing that I do, and again, you need to find your trading style. I don't trade for Banachi patterns. I immediately remove all for Banachi scanning from my order chart list. This is the first two steps that you need to do if you want to trade like me. And immediately from nine pages of trading opportunities, I'm down to six pages of trading opportunities. The next thing that I do, again, this is my trading style, is I do not trade emerging chart patterns. Before I untick that, I want to show you why I don't trade emerging chart patterns. Let me just bring my scale up again and I'll just zoom in quickly. Now, in emerging chart patterns, the reason I don't trade them is because the support and resistance lines are moving targets. As you can see here, I'm just going to quickly draw this for you. The support level is trending down and the resistance level is also trending down. Right now, I have a problem because I said to you earlier on it's easy to just set a sell-stop in the market. But where should we set my sell-stop? Should we set it over here? Should we set it over here? Should we set it down here? Because this support line is a trending line, we don't know where to set it, our sell-stop. Right now, this is an opportunity that I would be confused about trading. And what I would do is I would then not trade these kind of things and rather wait for order charters to signal the breakout for me and then place an order at the current price when the breakout happens. So what I would do is, in this situation, I would filter these out even more. I would eliminate the emerging chart patterns as well. And once you do that, then I only have two pages of trading opportunities available to me. But notice how I keep my odds with Frank emerging opportunity. You can see it's a gray icon. That means there has not been a breakout because I can set a buy-stop here because it's a fixed price. The price is a horizontal level. I know exactly what this level is. It's at 0780. What is it? 078. I can see this price level. So if I want to set a buy-stop or a sell limit at this level over here, I can do that because it's not a trending line. So I've spoken quite a bit about the general usage of order charters and what it's about from a market scanning perspective. What I quickly want to do is I want to open up the order charters web application. And the way I do that is I click on this little world icon and I copy and paste this URL into my chart. And I will put that into my web browser and I come up with the order charters web application. You can see this is the order charters web application. I have my time set to America, Chicago. You should set your time zone to whatever you are at and also your language to whatever language you speak. But the same opportunities that you see on the metadata you will see on the order charters web application. The reason I wanted to bring you into this screen is because I wanted to show you the section called Volatility Analysis, which is the second biggest and most important feature of order charters. Okay, so what I see over and over again in the markets is that traders set incorrect stop losses and take profits. They think that all the educators tell them, oh, set a stop loss and take profit and so they think of some number, 5 pips or 10 pips and they use that as a stop loss. And then what happens is that they keep on getting knocked out of the market because they set wrong stop losses. In our second webinar series, which is going to be, I think it's next week's webinar, we'll be discussing this topic in a lot of detail about using our volatility tool to set stop losses and take profits. But what I want to show you is the basics here. When you're trading Euro-USD, I'm trading mine and America-Chicago time and I'm trading at 7 a.m. America-Chicago. I can expect on average a 25-pip movement on Euro-USD within one hour of trade, in fact between 15 and over 35 pips of movement with a 67% probability. So in the first hour of the movement, if I'm trading 7 a.m., I can expect a 30-pip movement on Euro-USD. Can I use a 10-pip stop loss if I'm trading at 7 a.m. New York? No, because I'm going to get knocked out of the market within the first few minutes of opening a position. So it is extremely important to understand the dynamics of the instruments that you're trading. You can see here of how Euro-USD volatility fluctuates throughout the trading day. At the open of London, it trades 20 to 30 pips. At the open of New York, it trades 20 to 30 pips. And during the Asian session, it trades very little. So it's important to use this information to set market-appropriate stop losses and take profits and not just simply random stop losses and take profits. And what AutoCharles does is, in fact, it tells you the expected volatility ranges for the next time frames. So if I switch to my Euro-USD chart one hour, I can see right now there's no trading opportunities on it. Well, sorry, no support resistance trading opportunities on it. I can tell straight away, even if I'm setting, let's say, a position on a trending moving average on this instrument, I can see that for the next hour, I expect Euro-USD to trade between this level and this level in the next four hours between this level and this level and in the next 24 hours between that level and that level. So I am not fooled about where the market is going to be trending. It doesn't matter if I'm going long or short. It's important for me to understand the market volatility that I need to expect within the next few hours. Because just like me, I run a business. Some of you might be working for a living. You don't have your meta-trader open the whole day. It's important to know, for example, that I'm opening a position right now. I have to take my kids to school in an hour. I don't want to be knocked out of the market while I'm not watching. So I need to know what my four-hour volatility is so I don't set my stop-loss or take-profit outside of this range. So I know that most likely I will still be in the market by the time I get back from taking the kids to school or picking up my wife from work or whatever it happens to be. Or I'm on the subway and I can't get internet and I can't watch my position while I'm on the subway underground and I can't get internet. So very, very important to monitor these volatility lines. I've kind of shown you everything I want to show you in terms of features of auto-chartist, but I want to get you to do one more thing before I leave you. I want you to subscribe to the Market Report. And how you do that is you click on that little settings icon and you can say I want to subscribe to the Forex Market Report before the open of the U.S. session and I want to get it in the language of choice, for example, English and I want you to subscribe to a Market Report. What is a Market Report? Market Reports are an email that you get once, twice or three times a day depending on which session you've chosen and that email looks something like this. On my screen you should see an email now. And on this email that you'll get, you'll get some interesting information. Firstly, any important upcoming market events that are happening in the market that you should know about, some information about your broker, the latest market moves. And these are all kind of pieces of information you'd find from any technical report. But this is the important bit. The important bit is below. It shows you a kind of medium to longer term view of what's happening in the market. So it shows you that the price right now that there's something in your U.S.D. that is broken down through a support level and we think it's heading down towards this target in the next two days. Something similar on JPY. 15 minutes. This is very, very, sorry, 15 hours, right? So this is for the next 15 hours we think JPY might be heading up to this blue line over here, this B line, similar GBP CAD. So what we've got is an entire rundown on where we think the market is going over the next 24, kind of 24 to 48 hours, it does vary. It does provide you some indication for the next from down to about 8 hours or so. But the idea is you get this email once a day and without having to open up your MetaTrader or your AutoCharles or anything like that, gives you a very, very quick overview of where the price is going. And again, where you subscribe to that is you open up your MetaTrader and you launch your AutoCharles expert advisor and click on the settings button and you will get this settings email subscription screen. Okay, so with that being said, what I want to do is I want to open up my webinar screen and just see if there's any important questions that have come through. Okay, so I'm just going to quickly have a look through some of the questions. Okay, so is it Jan or Jan or Jan? I'm not sure how to pronounce that. You said Jan, can I expand a little bit more about the gray areas? Sure. Okay, so let me bring up an example about the gray areas. Firstly, to get a gray area, I have to click on a completed chart pattern, right? So a breakout chart pattern. So something that has a colored icon, not a gray icon. When you click on an example with a colored icon, you will actually get this gray area. This gray area is where we think the price is going to. And the way we work it out, it's not some kind of funny algorithm that we've got ourselves. What we do is we automate technical chart pattern theory. So what we do is we take the initial trend of the pattern and remap it to the end of the pattern, to the breakout. But what we do more than that is we actually scale it a little bit. With every pattern, you have this little window called pattern details. Okay, now this pattern details window gives you a bit of information about the pattern. And we'll discuss this in future webinars. One of the important ones is this quality indicator. This quality indicator tells you how beautiful this pattern is, right? How much noise there is. You can see there's been a little bit of noise over here. So we rated this down a little bit. Some noise over here, right? But the initial trend was very strong. The breakout was pretty strong. But what we do is when we map this distance over here onto the breakout, we scale it down by the quality. You can see the quality is about 5 out of 10. So it's about, we expect this area, this line from the breakout, sorry, this distance from the breakout to the target region to be about half the size of this initial trend, which it is, right? So what we do is, again, we take the initial trend and we map that initial trend to the breakout. Let's take another example, board NZD. We're going to have to move out, zoom out a little bit to get the initial trend. So here you can see the initial trend is here, right? Which is approximately that distance over here. And you can see that that's been mapped to this level over here and scaled by the overall quality, which is about, again, about 50%. So that's the gray area. The gray area, really, you can see it as a take profit area. So somewhere in that area should be what your target area is for this instrument. Okay, let's see what other questions we have. Okay, so Sonya, yes, you will get, and Gavin, yes, you will all get the recording of this webinar, probably in the next day or two once we edit this a little bit, especially the beginning parts. Okay, I guess that's about 40 minutes. I've answered a few questions. The next webinar is very important because today's webinar was only about just kind of a general overview of the product. This product is free, by the way, I'm not trying to sell you anything. This product is free. If you have a live account with TICML, you get access to order charts for free, so you don't have to pay anything. The next webinar is very, very important. It's about setting a market appropriate stop losses and take profits. So please attend that webinar. It's going to be very, very interesting, and that's when we start getting into real trading. In fact, I'm going to open up real live positions on the market during my presentation. With stop losses and take profits, it's going to be super interesting. A lot more exciting than today's session was. Today was just to get an overall view again. Thank you very much to everyone for your attention, and I hope to see you at next week's webinar.