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Trendoscope® Affiliate Program screenshot

What is Trendoscope® Affiliate Program?

Trendoscope® is a technical analysis tool designed for traders who work with chart patterns and harmonic patterns. It provides indicators that help identify price formations on financial charts, which traders use to make decisions about entry and exit points. The tool operates on a freemium model, allowing users to access basic pattern recognition features for free whilst offering more advanced analysis tools behind a paid subscription. It's aimed at active traders and technical analysts who want to automate pattern detection rather than spotting formations manually on their charts.

Key Features

Harmonic pattern indicators

Identifies geometric price patterns like Gartley, Butterfly, Crab, and Bat formations

Chart pattern recognition

Detects common formations such as head and shoulders, triangles, and wedges

Customisable alerts

Notifies users when specific patterns form on their watched instruments

Multi-timeframe analysis

Allows examination of patterns across different chart intervals

Affiliate programme

Enables partners to earn commissions by referring new users

Freemium access

Core features available without payment, with premium features available via subscription

Pros & Cons

Advantages

  • Automates pattern detection, saving time compared to manual chart analysis
  • Harmonic pattern focus appeals to traders who specialise in geometric analysis methods
  • Free tier allows new traders to test the tool before paying
  • Affiliate programme offers income potential for content creators and trading communities

Limitations

  • Technical analysis patterns are subjective; indicator signals don't guarantee profitable trades
  • Requires understanding of harmonic and chart pattern theory to use effectively; not suitable for beginners unfamiliar with these concepts

Use Cases

Day traders scanning multiple charts for pattern formations during trading hours

Swing traders identifying entry points based on harmonic pattern completion

Technical analysis educators teaching pattern recognition to students

Affiliate partners building income by recommending the tool to trading communities

Quantitative traders incorporating pattern detection into broader analysis workflows