CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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What is Statmetrics?

Statmetrics

Statmetrics is a free software tool that provides technical analysis of the financial markets. It’s basically a one-stop shop of graphs and statistical information to help traders make informed decisions about when to buy and sell.

Where have you heard about Statmetrics?

Unless you’re a professional investor or trader, you probably won’t be aware of Statmetrics. But if you want to get more serious about investing, online tools such as this could prove useful if you want to add technical analysis to your repertoire.

What you need to know about Statmetrics.

As well as technical analysis, Statmetrics can also be used for risk management, portfolio management and asset allocation.

It offers everything from basic charting patterns such as triangles, rectangles and arcs to Fibonacci retracements and Gann fans. Everything is done on a computer screen so you don’t physically have to draw lines on a graph like in the olden days of analysing chart patterns.

Find out more about Statmetrics.

Read our definition of technical analysis to learn more about this type of trading strategy.

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