Hence, to accurately implement a tool scanning charts for candle patterns is not a straightforward undertaking. 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. Japanese candle patterns are well known and routinely implemented in displaying price behavior. It is suitable for both seasoned traders and complete beginners. 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. ![]() What makes this application exceptional is that, from the outset, it has been specifically designed for the detection of Japanese candle patterns. CandleScanner is a technical analysis software package created for investors interested in Japanese candle patterns.
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