CandleScanner 4.3.0.5
Free Trial Version
Publisher Description
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.
About CandleScanner
CandleScanner is a free trial software published in the Investment Tools list of programs, part of Business.
This Investment Tools program is available in English. It was last updated on 23 April, 2024. CandleScanner is compatible with the following operating systems: Windows.
The company that develops CandleScanner is Lempart. The latest version released by its developer is 4.3.0.5. This version was rated by 12 users of our site and has an average rating of 2.3.
The download we have available for CandleScanner has a file size of 28.31 MB. Just click the green Download button above to start the downloading process. The program is listed on our website since 2015-11-28 and was downloaded 4,131 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded software with your antivirus. Your antivirus may detect the CandleScanner as malware if the download link is broken.
How to install CandleScanner on your Windows device:
- Click on the Download button on our website. This will start the download from the website of the developer.
- Once the CandleScanner is downloaded click on it to start the setup process (assuming you are on a desktop computer).
- When the installation is finished you should be able to see and run the program.
