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Business / Investment Tools / CandleScanner 4.3.0.5
CandleScanner 4.3.0.5
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CandleScanner 4.3.0.5 Description
CandleScanner is a technical analysis software package created for investors interested in Japanese candle patterns. What makes this application exceptional is that it has been specifically designed for the detection of Japanese candle patterns.
CandleScanner is a technical analysis software package created for investors interested in Japanese candle patterns. What makes this application exceptional is that, from the outset, it has been specifically designed for the detection of Japanese candle patterns. It is not just an add-on to an existing analysis platform, but a specialist charting application written by people with an extensive knowledge of the topic of Japanese candlestick patterns. It is suitable for both seasoned traders and complete beginners.
Japanese candle patterns are well known and routinely implemented in displaying price behavior. However, when apparent emerging patterns are analysed and discussed, it is frequently the case that the conclusions are imprecise, and, indeed, often result in contradictory interpretations of what the patterns are actually saying. Hence, to accurately implement a tool scanning charts for candle patterns is not a straightforward undertaking.
The application of CandleScanner is extremely versatile, and can be used by a whole spectrum of traders involved in, for example, stock market trading, commodities markets, futures markets or forex. Also, those who are just beginners will find CandleScanner a great learning and training tool, where they can learn from real-life data-based examples, rather than just pure text book theory.
With the application you can do the following:
- Quickly scan candlestick charts to find all occurrences of candle patterns
- Measure the efficiency of patterns, i.e. are they working as you expect them to?
- Build trading strategies based on candle patterns and simulate transactions (backtesting)
CandleScanner is highly configurable, meaning that you can adjust it to your specific needs. The algorithms scanning the candlesticks charts have many parameters, which can be set by the user. Also, the visual aspects of the application are highly customizable, enabling everyone to find their desired optimal settings.
OS: Windows, Windows 7, Win7 x32, Win7 x64, WinServer, Windows 2000, Windows 8, Windows Vista, Windows Vista Business, Windows Vista Business x64, Windows Vista Enterprise, Windows Vista Enterprise x64, Windows Vista Home Basic, Windows Vista Home Basic x64, Windows Vista Home Premium, Windows Vista Home Premium x64, Windows Vista Starter, Windows Vista Ultimate, Windows Vista Ultimate x64, Windows XP
System Requirements: Processor: 1 GHz or faster x86-bit or x64-bit with SSE2; Memory: 1 GB RAM (32-bit) or 2 GB RAM (64-b
Tags: Candlestick Pattern - Chart Pattern - Technical Analysis - Candle Scanner - Candlestick Chart - Japanese Candlestick - Nison - Futures - Stocks - Etf - Technical Analysis Software - Investment - Forex Trading - Forex Signals - Forex - Technical Analysis Indicators
User Reviews of CandleScanner
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06 February, 2016 17:33
Looks like it has some potential but since trial version doesn't support loading data quotes, I can't test it real time. Developers should offer full featured trial version to users for exploring every functionalities.