Why use the CandleSticks indicator?

A candlestick is a graphical representation of an asset’s price movement. A candlestick pattern is composed of one or more candles. It allows for the price movement anticipations. The CandleSticks indicator recognizes thirty CandleStick patterns. It displays the signals on your charts with their price target and safety stop loss:

✅ You will easily trade the candlesticks on Prorealtime 

Recognized Candlestick Patterns

The CandleSticks indicator identifies the thirty most essential Candlesticks. Some provide buy signals, and others offer short-sell signals. These patterns will allow you to buy and sell the market. Select the pattern(s) you want for the indicator to display their occurrences.

A candlestick can be composed of one, two, three, or five candles. The following images show the 30 CandleStick patterns recognized by the indicator and screener:

✅ You will seize numerous opportunities in the market

Get reliable Buy and Short-Sell Signals

The Candlesticks indicator identifies the buy and sell signals based on the candlestick patterns. It displays the signals on the price chart:

✅ You will know when to buy and when to sell the market

Manage Risk with Price Targets and Safety Stops

Risk management is essential in trading. Often overlooked by traders, limiting losses and securing profits will significantly impact your trading performance.

The Candlesticks indicator displays the targets and stop-losses on the price chart:

✅ You will maximize your profits and control your risk

Master the trend

As a trader, you cannot ignore the trend before opening a position. Although trend continuation remains the most profitable approach, it can be interesting to bet on the reversal. The CandleSticks indicator includes two trend filters.

✅ You will profit from both trend continuations and reversals

Trade in the Trend

With the “in the Trend” filter, the indicator will only select buy and sell signals appearing within the trend. With this filter activated, the indicator will only display buy signals in uptrends and sell signals in downtrends:

✅ You will benefit from the uptrend and downtrend continuation

Benefit from Reversals

With the “Reversal” filter, the indicator will only select buy and sell signals against the trend. With this filter activated, the indicator will only display buy signals in downtrends and sell signals in uptrends:

✅ You will take advantage of bullish and bearish reversals

Improve your Performance with Signal Confirmation

The indicator includes volume and market strength filters. This will help you eliminate false signals and focus on the most promising ones.

• The “with Volume” filter will allow you to retain only buy and sell signals accompanied by substantial volume.

• The “with Strength” filter will allow you to retain only buy and sell signals that appear strongly.

✅ You will focus on the most promising signals​

Find Real-Time Opportunities in the Market

Market Scanner

Today, nearly 200,000 assets are listed on the stock exchange. Finding trading opportunities can be time-consuming. The CandleSticks indicator features a market scanner. It will help you identify market opportunities in real-time. This screener works on all asset types and timeframes.

Here is an example of Bullish Haramis discovered by the CandleSticks Screener:

✅ You will find opportunities for day-trading and swing-trading

Trading Alerts

You can create trading alerts from the CandleSticks indicator. The system will notify you when the candlestick occurs. Prorealtime’s alert system works on all types of assets in all time frames.

✅ You will trade candlesticks in real-time

Adapt the Indicator to your Needs

The CandleSticks indicator is fully configurable. You can select one or more CandleStick patterns, choose the trend, apply filters, and refine price targets and safety stops. The indicator offers display options, enabling you to identify candlesticks, signals, and price levels more clearly.

✅ You will adapt the indicator to your strategy

Backtest your strategy

The indicator is perfectly integrable in a backtest. I provide a complete source code that you can copy and paste into the Prorealtime platform. You will backtest your strategies or create trader bots easily.

The following strategy generated $3160 in profits, opening 19 entries from 2016 to 2024, with a success rate of 84%. It operated the Green Hammer candlestick occurring with volumes on the Nasdaq ETF in the daily timeframe:

✅ You will easily backtest your strategies or create trader bots

Online Documentation

I provide comprehensive documentation explaining how to install and configure the CandleSticks indicator and screener on the Prorealtime platform. You can consult these documents at any time on this page:

https://artificall.com/docs/candlesticks/candlesticks-documentation-en/

—— LIFETIME LICENSE – UPDATES INCLUDED ——

* Compatible with Prorealtime V11 & V12 *