Code Candlesticks

Pay with:
i agree with "Terms for Customers"
Sold: 0
Uploaded: 18.06.2010
Content: 614,71 kB

Product description

Code candles (CandleCode) - method
quantitative analysis of candlesticks
The usual way to use candlesticks to trade based on their psychological interpretation. Single candle or a set of several candles attributed to a mood that determines the behavior of the market. For example, the combination of "the evening star", "Morning Star" and "Harami", which appeared after a vigorous stroke, predict a reversal of the chart; Candles "doji" indicate the uncertainty of the market mood swings, etc. Such decisions based on combinations of candles is subjective, based on the arguments about the psychology, the mood of the market. But, as in all methods of technical analysis is desirable to have a precise numerical index, then there are ways to measure the strength of these candles, so you can use these codes for a more objective analysis, and integrate them into the computer trading systems.


No feedback yet.
In order to counter copyright infringement and property rights, we ask you to immediately inform us at the fact of such violations and to provide us with reliable information confirming your copyrights or rights of ownership. Email must contain your contact information (name, phone number, etc.)