Scanner

Candlestick System

$97
$ 47 Lifetime
  • Candlestick System Scanner is a major saving of time, which you will gain thanks to this automatic analysis of any candle formation appearing on freely chosen trade instruments by you. You won’t miss any of the profitable occasions. You can set up notifications, alerts or pops-up, which would call you to your monitor, when the candle formation would be made, and we could take appropriate action.
-50%

Knowledge alert!!!

Candlestick – what is it?

 

Japanese Candles, because this is what we are talking about, have more than 200 years longer history than the western price charts. They became extremely popular and today every program used for technical analysis has candle charts, which we can analyze. Candle charts were created in Japan in the XIX century on the basis of previous anchor charts. Whole Japanese investing technique on the market was based on a book from 1755 titled “Fountain of gold – three monkeys study of money”. It forms three main principles, on which an investor should base his decisions.

Rule 1

“Not to see” – when you see a trend, don’t let it take you. It is an opportunity to buy or to sell. According to this thesis in candle technique more attention should be paid on reversal trend formation.

Rule 2

“Not to hear” – don’t follow the news. Wait to see how the market will react to them.

Rule 3

“Not to speak” – investing decisions base on your own analysis. You can consult them with those people, to whom you are certain that they have more knowledge.

Strong Reversal Patterns:
  • Hammer Hangman 
  • Engulfing Morning Star
  • Evening Star
  • DarkCloud
  • Piercing
  • Shooting star Invert hammer
  • Bear doji
  • Bull doji
Continuation Patterns:
  • Mat Hold Pattern Separating lines
  • Tasuki gaps
  • Side Side White
  • Three Methods
  • Upside Gap Three Methods
  • Downside Gap Three Methods
Unclassified:
  • Gravestone doji Longleg doji
  • Uuique 3 river bottom
  • High price gap play
  • Low price gap play
  • Three white soldiers
  • Stalled Pattern
    Doji Engulfing invert
  • Hammer confirmed
Weak Reversal Patterns:
  • Harami
  • Tweezer Tops
  • Tweezer Bottoms
  • Belt hold line
  • Upside gap two crows
  • Three crows
  • Advance block
  • Three Line Sticke In On Neck Trusting

How does a Candlestick System Scanner work?


Indicator installation takes less than 5 minutes. After this scanning chosen instruments starts.

 

Scanner does not have limits in the number of instruments, which could be scanned. It searches over 25 different formations – everything happens on one chart. Thanks to this solution, your application MetaTrader4 works efficiently and it avoids creating a “mess” with large amounts of working charts. Candle formations show in which direction the market is moving – they determine trends. In addition, Scanner, based on Japanese candle formation, shows which move on the market is predicted. It is you, who is making a decision about the opening position.

 

Candlestick System Scanner works on every time frame built in MetaTrader4.

 

TIME FRAME 1 MONTH

TIME FRAME 1 MONTH

TIME FRAME 5 MONTH

TIME FRAME 4 HOURS

TIME FRAME 1 DAY

Candlestick System Scanner is a massive saving of time, which we gain – additionally you can set up notifications, alerts or pops-up, which would call you to your monitor, when the candle formation would be made, and we could take appropriate action.