CandleScanner is a Business::Investment Tools software developed by Lempart. After our trial and test, the software was found to be official, secure and free. Here is the official description for CandleScanner: 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.
introducing a primary trend notion extending efficiency statistics (primary trend, report) new market data panel on top of the candlestick chart panel introducing video available at first start introducing contex-sensitive online help overall stabili
|Platforms:||Win2000,WinXP,Win7 x32,Win7 x64,Windows 8,Windows 10,WinServer,WinOther,WinVista,WinVista x64|
|Publisher:||About Lempart | Lempart titles | Visit Lempart | Country: Poland|
|Downloads:||2 so far this month, 1 last month, 8 total|
|Last updated:||More than a year ago ()|
|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|
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