Candlestick patterns | Bitcointalksearch.org

gabbie2010

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Quote from: coinalyze on December 20, 2019, 09:20:04 AM

Hi guys,

A tool that you might find useful, candlestick patterns detection https://coinalyze.net/candlestick-patterns/

I have been to that site to study and analyze some of my favorite candlestick patterns particularly pin bar or hammer and engulfing bars these are my preferred patterns which I used in trading binary options although I am still learning however I valued those patterns viewed in your site keep it up!

coinalyze

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Quote from: leowonderful on December 22, 2019, 12:22:59 PM

Interesting site; I'm a fan of using candlestick patterns in my analysis and trading occasionally, and this helps out with the timeframes that I trade on (hourly and up usually), though one suggestion I'd make is to add a timeframe filter that shows all occurrences of a pattern above a certain timeframe and not just only for one certain timeframe. It'd also be helpful if you were able to view one TradingView chart showing multiple occurrences of a pattern instead of just one or the most recent one (and show more than just one pattern on a chart), though I'll definitely be using this more often in the future.

Great suggestions, thank you! I'll implement as soon as possible.

pajak666

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Man, so many good websites coming up last weeks on this forum. Another great idea, something that I was personally looking for. Waiting for the ability to filter for an exchange. Also, can you set them to be tradingview alerts?

Yamifoud

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It is a big help to understand and project for the possible upcoming market flows but it is gonna be difficult to understand for a newbie. Yes, we consider this as a fundamental tool in order to create a good TA but we can't still get assurance that it will go as what we are expecting to happen.

For the fact that we all have a different market understanding and the way we understand how candlestick patterns signify but the most important we are strong enough to accept for every price change. Though we think that we are good at candlestick reading but can't deny that we can't still predict the exact trend to happen in the future.

leowonderful

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Interesting site; I'm a fan of using candlestick patterns in my analysis and trading occasionally, and this helps out with the timeframes that I trade on (hourly and up usually), though one suggestion I'd make is to add a timeframe filter that shows all occurrences of a pattern above a certain timeframe and not just only for one certain timeframe. It'd also be helpful if you were able to view one TradingView chart showing multiple occurrences of a pattern instead of just one or the most recent one (and show more than just one pattern on a chart), though I'll definitely be using this more often in the future.

avatar_kiyoshi

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Quote from: MURONDI on December 22, 2019, 07:28:07 AM

Quote from: coinalyze on December 20, 2019, 09:20:04 AM

Hi guys,

A tool that you might find useful, candlestick patterns detection https://coinalyze.net/candlestick-patterns/

I'm not very used to candle patterns, there are so many types of patterns so I just study the important ones, for example prices will rise or fall sharply, The pattern should be written with the intent, because not everyone understands the candle pattern.

Agree. Sometime too much tools makes confuse to take an action, besides there are a lot candle pattern that should be learned.
But if you are familiar with one or two candle patterns, that website will be useful.

Subbir

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Apened

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Quote from: coinalyze on December 20, 2019, 09:20:04 AM

Hi guys,

A tool that you might find useful, candlestick patterns detection https://coinalyze.net/candlestick-patterns/

I believe on candlestick patterns because it is the price thing or stuff in the chart that gives us an idea how the market is going or what going on where it is heading. Just a simple things and i will add more. Candlestick is based ln psychology as it is not only a pattern. We have to applt and think of it will work and if it is not a possible trap that may occur. A combination of other indicators can be nore useful.

MURONDI

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Quote from: coinalyze on December 20, 2019, 09:20:04 AM

Hi guys,

A tool that you might find useful, candlestick patterns detection https://coinalyze.net/candlestick-patterns/

I'm not very used to candle patterns, there are so many types of patterns so I just study the important ones, for example prices will rise or fall sharply, The pattern should be written with the intent, because not everyone understands the candle pattern.

milewilda

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Quote from: fabiola! on December 21, 2019, 07:22:18 AM

Quote from: coinalyze on December 20, 2019, 09:20:04 AM

Hi guys,

A tool that you might find useful, candlestick patterns detection https://coinalyze.net/candlestick-patterns/

there are 1000s of candlestick pattern i wont believe all of them , and there are so many candlestick pattern in every time frame
i watch candlestick only on important levels , i have not checked online scanners are they accurate ?

When it comes to candlestick patterns then they should really be applied on a specific timeframe but somehow you can utilize a certain patter in all TF's if you'd like to.
For TA's or tools that give out some hints on possible actions you should do would really need some confirmation on various patters on other timeframes.
I had applied this one when im still on forex but i dont see for it to be accurate most of the time here on crypto.Btw, i havent checked up the link though.

nicolas1979

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Candlestick patterns came from history chart, same indicator in same moment with same result even more will become pattern ( logically ). You only need to read the pattern depend your experience don't trust any tools to read your future. Need to grow up skill to read market pattern and the skill is you not the tools. Besides that the web is not complete, they look's not have enough information to give good prediction about the pattern, sorry I can't follow it.

fabiola!

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Quote from: coinalyze on December 20, 2019, 09:20:04 AM

Hi guys,

A tool that you might find useful, candlestick patterns detection https://coinalyze.net/candlestick-patterns/

there are 1000s of candlestick pattern i wont believe all of them , and there are so many candlestick pattern in every time frame
i watch candlestick only on important levels , i have not checked online scanners are they accurate ?

GreatArkansas

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Quote from: coinalyze on December 20, 2019, 09:20:04 AM

A tool that you might find useful, candlestick patterns detection https://coinalyze.net/candlestick-patterns/

I tried to explore that website but it seems like it has minimal information and this is not advisable to use by some newbies on trading or just starting to learn how to trade.
Before using this kind of platform, a trader should learn first in a manual way, like how to identify by ourselves, this is much better then.
Btw, thanks for this, I'm a little bit amazed since there is already some tool for automatically identifying candlestick patterns.

Darooghe

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I think reading candle sticks aka price action is a great primary way to be a successful trader, but the best traders don't learn every pattern and don't need all of them. they just find two or three patterns or techniques that work consistently and simply implement them over and over again. I would recommend a tick chart instead of a time based chart and look into a strategy with a deep understanding of trend lines and even market geometry. It is my opinion that anybody who uses any indicator besides the EMA is just using an imaginary clutch that does not help.

coinalyze

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Hi guys,

A tool that you might find useful, candlestick patterns detection https://coinalyze.net/candlestick-patterns/

Topic: Candlestick patterns (Read 188 times)