Independent Forex Trading

Candlestick Pattern Recognition

Candlestick patterns and their detection in forex charts is perhaps the most valuable tool available to forex traders. Although there are dozens of candlestick patterns available it is only necessary to learn a few of the most popular and most reliable. For those having trouble detecting candlestick patterns in forex charts or wish to automate the process, there is another way…….

Candlestick Pattern Recognition Software

Trading with candlesticks has never been easier. FxSpyder’s Candlestick Pattern Recognition Software automatically detects candlestick patterns as they appear on your forex charts. Once detected, alerts may be triggered and trades may be automatically executed.

The Candlestick Library

The Candlestick Library includes detection for the most common candlestick patterns, as well as the ability to detect virtually any traditional or custom candlestick patterns that you may develop. The most popular candlestick patterns included in the Candlestick Library are:

  1. Doji
  2. Spinning Top
  3. Long Legged Doji
  4. Dragonfly Doji
  5. Gravestone Doji
  6. Hammer
  7. Inverted Hammer
  8. Hanging Man
  9. Shooting Star
  10. Harami
  11. Piercing Line
  12. Dark Cloud Cover
  13. Three White Soldiers
  14. Three Black Crows
  15. Evening Star
  16. Morning Star
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