Japanese Candlestick Patterns 4.2.2

Japanese candlesticks offer valuable insight into market psychology as a fundamental tool within technical analysis for achieving success in trading. This application delivers:

• a convenient pattern search feature based on observed chart factors, enabling quick identification and interpretation of potential candle patterns influencing the current market direction,
• a comprehensive compilation of 111 Japanese Candlestick patterns,
• supplemental caveat notes for certain patterns to enhance understanding,
• the ability to add, modify, and remove patterns and associated notes,
• options for editing candle recognition notes or adding personal annotations, and
• two interactive training games designed to enhance knowledge of charting patterns.

• The app, named Candice, streamlines the process of identifying Japanese candlestick patterns based on specific trading conditions within a chart. Gone are the days of sifting through numerous graphical representations or trying to memorize the significance of each pattern. Users can input specific parameters to identify potential matches and assess potential trading actions. Patterns can be searched by name, previous trend, number of trading days, signal type (bearish/bullish), quantity of candles, or marked favorites. Each candle pattern entry includes an image, name, signal type, reliability rating, trend direction indication, color scheme, identification guidelines, suggested trading strategies, and space for personalized notes. Additionally, a separate database is available containing definitions and notes that users can contribute to by adding, editing, or removing entries.

• Candice boasts a user-friendly visual table of contents alongside a comprehensive index dictionary for easy reference to pattern names. Users have the option to enlarge pattern images for detailed inspection or substitute them with custom visuals. Furthermore, a distinct Caveat Notes database is included with predefined notes and explanations that can be expanded through user contributions.

• Moreover, Candice offers engaging Flashcard and Slideshow pattern games aimed at reinforcing knowledge of candle patterns. Users can customize which patterns to focus on or opt to study all available patterns.