5 Candlestick Patterns Detection

As part of the XPertTrader add-on module (see Figure 5.1), this module incorporates some of the most frequently-used Japanese candlesticks pattern into XPertTrader. With that you can compose rules using candlesticks independently or in conjunction with other technical indicators or rules to perform screening and backtesting.

Figure 5.1: Candlesticks module main window.

NOTE: This candlesticks module is available for subscription either as a separate module or you can subscribe together with the Indicators module.

Here are some descriptions on how to access the functions in Candlesticks:

1. Click on the Candlesticks tab in XPertTrader to show the main window of this module.

2. Click on the Editor button to show the Candlesticks Editor which enables you create your own candlestick patterns.

3. Classification of candlesticks rules. User Buy Pattern and User Sell Pattern are contain the candlestick patterns that you have created and saved.

4. Diagram to illustrate the candlestick pattern.

5. Description of the candlestick pattern.

6. Text representation of the rules that you have composed.