Australian (ASX) Stock Market Forum

Candle Pattern Recognition

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30 November 2008
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Hello,

I have an Easylanguage Candle pattern Recognition study but need 1 final thing
to complete it. I need to be able to click on any candle and have the
study tell me what pattern it is. At the moment it will tell me what
the current candle pattern is and works great. However, it is necessary
at times to look back and having the ability to click on a candle so
the study tells you the pattern is very convenient.
My Amibroker study does this which is both necessary and
convenient. Can this be done using Easylanguage and would someone
please help me with this? Thank you for any and all help.

Regards,

Tim
 
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Having trading using candle patterns for over 12 years, IMO you should really learn the patterns yourself and you will find they will easily jump out at you.

Dont rely on a candle finder program because there is an element of variation in the patterns which might not be recognised.

Steve Nisons first book is one of the best IMO

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Agree exactly Arco, I studied Louise Bedford's book on the subject and googled for more from others. A good basic gist of the overall and you are on the way. I got away from all the meter stuff, one does need to recognise things without aids which goes for fundamentals too. Each stock has its own perculiarities too which many miss on with the programmes.

IMVHO of course
 
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