How to use each setting of Candle Scanner
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  • #1 Collapse

    How to use each setting of Candle Scanner
    List of Candlestick Patterns Detected :-
     
  • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
  • #2 Collapse

    List of Candlestick Patterns Detected :-
     Bullish Pinbar  Bearish Pinbar  Bullish Engulfing  Bearish Engulfing  Hammers  Piercing  Dark Cloud  Shooting Star  Evening Doji  Morning Doji  Bullish Outside Bar  Bearish Outside Bar  Inside Bar
       
    • #3 Collapse

      We have selected only most strongest Japanese candlestick patterns which a trader can Trust.
         
      • #4 Collapse

        sir is ke zayada detail to mujhy nai pata lakin is main hamain market ke movement candles main dekhai dati hai and ap in k colors bhe change kar sakty hain apni marzi se and yeh sab se best pattern hai market watch karny ka...
        • #5 Collapse

           Currency : Here you can add any number of currency you want to scan and keep track which is supported by your broker ( eg. EURUSD,AUSUSD,USDCAD). You can add any number of currencies here.  Time Frame : Here you can add any time frame you like to track. ( eg. M5,M15,M30,H1,H4,D1,W1,M1) to get better results use only higher timeframe.  Bars Back :- if you keep 1 it will check the last bar closed bar candle pattern if you want to see if there was any pattern 3 bars back then you can set 3. We don’t suggest 0 as it will show of current open bar pattern which will change on candle close so you will not get accurate results.  Alert settings :- Here you can set alert to true/false . you can set true to those patterns you wish to get alert for. Example if you want to just get alerts for pin bar and shooting start then set to true and rest set to false. 
             
          • #6 Collapse

            We have given more advanced options to filter patterns if you are an advance trader. We will explain you each filter in details. You can combine or use single filter as per your needs.
            As you know we have selected some of the strong candlestick patterns only and they are classified as below :-
            Bullish Patterns :- Bullish pin bar, Bullish Engulfing, Piercing , Hammer, Bullish outside bar
            Bearish Patterns :- Bearish Pin Bar, Bearish Engulfing, Dark Cloud, Shooting Start, Bearish OutsideBar
               
            • #7 Collapse

              zayada detail to mujhy nai pata lakin is main hamain market ke movement candles main dekhai dati hai and ap in k colors bhe change kar sakty hain apni marzi se......ap in k colors bhe change kar sakty hain apni marzi se and yeh sab se best pattern hai market watch karny ka...
              • #8 Collapse

                Neutral Patterns:- Evening Doji, Morning Doji, Inside Bar
                   
                • #9 Collapse

                   MA filter :- lets say you want to filter patterns by Moving Avarage, Example you want to see bullish patters only when it is above your preferred moving average. Now lets say you have kept that Simple moving average 14 , so filter will only show bullish patters which are formed above moving average 14 and bearish patterns formed below moving average 14, if a bullish patter like bullish pin bar is formed below simple moving average then its not a valid pattern as its been filtered my MA filter.
                     
                  • #10 Collapse

                    dear ager ap graph ko sahi ter say read ker saktay hain to is k liyeh zaroori hai k ap ko usay samja jayeh and ap candle ko graph k uper h1 d1 etc per click ker k change ker saktay hain.
                    • #11 Collapse

                       MACD filters :- Whenever MACD is below zero line its considered down trend and above zero its considered as up trend . so if you keep this filter true it will filter out bullish patters when below zero . so it means it will show and alert only when bullish patterns are formed when MACD is above zero .. so it will filter patterns based on MACD
                         
                      • #12 Collapse

                        let's say you want to filter the moving average patterns, the example you want to bullish pattern only when it is above its average preferred movement. Now let's say you've kept this simple moving average 14, so that the filter does show bullish patterns that form above the average of 14 and bearish patterns formed below the moving average 14 movement, if shaped like a bull bullish pin bar below the simple moving average while not a valid model as its been my filter filter.
                        • #13 Collapse

                          dear ap ko jo easy lagta he ap wo hi use kr skte ho agr ap ko candle sticks easy lagti hen to ap candle sticks use kr skte ho agr line bar use krna he to wo use kr skte ho or agr ye ap pr depend krta he ap jo chaho use kro
                          • #14 Collapse

                             RSI Filter :- Its consider that when ever RSI is above 50 its up trend and below 50 its downtrend . So RSI filter will show and alert only when bullish patters are formed when RSI is above 50 and bearish pattern when below 50 . This way you can be sure that you are trading bullish patterns in uptrend only. Note you can change 50 to any number you want in parameter.
                               
                            • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
                            • #15 Collapse

                              You can use all filters together also like show only pin bars if they are formed above EMA 14 and MACD is above 0 . In this way you can double filter your patterns and can trade only in direction of trend. Most importantly you dont have to keep watching your charts all the time. Simple set the parameters and wait for alert on your email or mobile and come to watch the chart
                               

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