Automated Technical Analysis

  • Advanced Customization Settings

    Trend Analysis Settings Customize Trend Detection and Scoring Formulas
  • Automated Fibonacci Retracements

    Leonardo Fibonacci discovered the Fibonacci sequence in 1202 AD, but couldn’t have appreciated how far and wide the discovery would be felt around the world. Many traders use Fibonacci retracements and extensions to determine support and resistance levels, as well as stop-loss, take-profit and e...
  • Automated Gap Detection

    TrendSpider makes it easy to identify gaps that occur when new information is priced into the market. While technical analysis reigns supreme when there’s no news, significant news events can have a dramatic impact on prices as the market determines a new valuation. For example, an unexpected ea...
  • Automated Trendline Detection

    TrendSpider’s automated trend line analysis makes it easy to identify trend lines without any manual effort. The platform automatically draws trend lines from reaction highs and lows. These trend lines remain visible until the price action moves too far away. Solid trend lines represent trends o...
  • Auto-Recognized Traditional Candlestick Pattern Definitions

    TrendSpider supports more than 100 different auto-recognized candlestick patterns, including core patterns (described below) and candlestick patterns developed by Rob Smith's The Strat, Tom Bulkowski's The Pattern Site and Newsome Candles. Note: The following list only covers patterns that we ha...
  • Breakout Detection

    TrendSpider automatically detects trend line breakouts and highlights them on the chart for you. Each breakout requires one full candlestick close through a trend line on a given timeframe. For example, on a five-minute chart, a five-minute candlestick must close on the opposite side of a trend ...
  • Candlestick Pattern Recognition

    TrendSpider can automatically detect candlestick formations on any chart and timeframe, including single candlesticks and multi-candlestick patterns. You can choose candlestick patterns in a few easy steps: Click on the … next to the Patterns button in the upper toolbar. Check the candlestick p...
  • Trendline Customization and Filtering

    Automated trend line analysis is one of the most powerful features in the TrendSpider platform. Rather than manually creating trend lines, the platform’s advanced algorithms can draw trend lines with mathematical precision. There are several different settings that you can use to customize trend...
  • Truth in Analysis Timestamp

    TrendSpider’s Truth in Analysis line tells you the exact point in time when an analysis on any chart was completed. There are two kinds of lines: Yellow lines mean that the analysis is currently locked at the point in time. Red lines indicate that the analysis is not locked and the line is upda...