🧐 What is japanese candlestick patterns and How does it work?
Japanese candlesticks provide a visual insight into Market psychology as one of many tools in technical analysis of the financial markets for trading success. This app provides 1) a quick search of patterns given observed chart factors to narrow to a few possible candle patterns for quick identification and interpretation of current market trading direction, 2) a complete reference on 111 Japanese Candlestick patterns, 3) some patterns augmented with caveat notes, 4) ability to add, edit, and delete patterns and caveat notes, 5) ability to edit candle recognition notes or provide personal notes, and 6) two training games to build your knowledge of charting patterns.
Candice helps you quickly find the possible Japanese candlestick patterns in a chart from input of the trading situation. No more looking through numerous graphic images to match or memorizing what each pattern means. Enter specific values to find possible matches and then see the trade action. Patterns can also be found by name, prior trend, number of trade days, signal type (bearish/bullish), number of candles, or marked favorites. Each candle pattern provides image, name, signal, reliability, rating, trend, colors, how to recognize, recommended trade actions, and your own custom notes. A separate database is provided populated with definitions, and notes where entries can also be added, edited or deleted.
Candice employs a visual table of contents as well as a full index dictionary name reference. Patterns images can be enlarged for view or replaced with your own. A separate Caveat Notes database is provided populated with added notes and definitions where entries can also be added, edited or deleted.
Candice comes Flashcard and Slideshow pattern games to review candle patterns. You can configure which patterns to learn or all of them.