If you are thinking of trading stocks in the Japanese market, then it is recommended that you become familiar with the concept of candlestick patterns and charting. Allegedly developed to better track the prices of rice, the candlestick pattern refers to the graphic representation of the movement of prices that can be used to predict trends.
CandleScanner is an application specially designed to help you detect price fluctuations and identify repetitive patterns so you can plan your next major investment with confidence.
The scanning capability of the application is one of its strongest features, as it can automatically analyze your data and support over 100 patterns displayed in appealing graphics.
If you are unfamiliar with any of the patterns, the app comes with extensive guides to help you understand their meanings and implications.
With CandleScanner, you can highlight and synchronize the patterns you are interested in directly on the graphs and perform statistical analysis to determine their occurrences and efficiency.
Backtesting ideas and replicating transactions using historical data can provide insights into future patterns and potential investment opportunities.
Overall, CandleScanner offers numerous functions to help you make informed decisions and achieve a satisfactory return on your investment.
Go to the Softpas website, press the 'Downloads' button, and pick the app you want to download and install—easy and fast!
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