Icon of program: CandleScanner

CandleScanner for Windows

Download now

Used CandleScanner for Windows?

CandleScanner Analysis

AI Assisted Content ·

Not written by CNET Staff.

CandleScanner is a productivity software tailored for traders, focusing on intraday analysis and market trends. This application provides users with the ability to analyze price movements through candlestick patterns, which are essential for making informed trading decisions. With features such as customizable alerts, real-time data tracking, and comprehensive charting tools, CandleScanner aids users in identifying potential trading opportunities effectively.

Top Recommended Alternative

The application supports various financial instruments, including stocks, forex, and commodities, allowing traders to adapt it to their specific needs. It also offers a user-friendly interface that simplifies navigation and data interpretation. CandleScanner's trial version enables users to explore its features before committing to a purchase, making it a suitable option for both novice and experienced traders.

Icon of program: CandleScanner

CandleScanner for Windows

Download now

Used CandleScanner for Windows?

Explore More

Full Specifications

GENERAL
Release
Latest update
Version
4.3.0.5
OPERATING SYSTEMS
Platform
Windows
Operating System
  • Windows 10
  • Windows XP
  • Windows Vista
  • Windows 8
  • Windows 2000
  • Windows 2003
  • Windows 7
Additional Requirements
None
POPULARITY
Total Downloads
1,060
Downloads Last Week
0
Report Software

Program available in other languages

Last Updated

Developer’s Description

By Lempart
Detect and analyze Japanese candle patterns.
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.
Download.com
Your review for CandleScanner
Download.com

AI Assisted Content Disclosure

Content created and reviewed by Softonic with information obtained from Lempart, using AI.

CNET's editorial team was not involved in the creation of this content. Opinions, analysis and reviews were not provided by CNET.