Practical recommendations on using CandleScannerScanner settingsRecent patternsHighlighting patterns on the chart

Practical recommendations on using CandleScanner

Scanning only interesting patterns CandleScanner recognizes 86 candlestick patterns (excluding basic candles). By default, CandleScanner uses all of them during the scanning process. You may, however, disable some patterns from the scanning process. To do so, please go to FILE » Settings » Candle Patterns. Please note that basic candles are always included in the…
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Scanner settings

CandleScanner allows for the definition of more than one scanning profile. Only one profile can be used at a time, but the user can easily switch between profiles if needed. This can be helpful on certain occasions such as: Different settings for different markets (e.g. stocks, currencies, commodities) Different settings for different time intervals (e.g.…
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Recent patterns

The Recent Patterns document is designed for a regular scan of the symbols group to find latest patterns. For example, let assume that we are using daily charts, and the quotes data is also updated daily (please see the chapter about importing data into CandleScanner for more details). Once the data is updated the easiest…
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Highlighting patterns on the chart

You can highlight pattern occurrences without clicking on the items on the list of found patterns. There are three options available on the ribbon bar from the VIEW » Pattern Highlighting menu: Bullish. Highlights all bullish patterns (both bullish reversal and bullish continuation). By default, patterns from this group are highlighted by a greenish background. Bearish. Highlights…
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