Candlestick charting--the graphic presentation of price and time movements displayed in candlestick format--moves beyond theory into practical strategies for trading equities in both domestic and foreign markets, in this book written by the team who created The Candlestick Forecaster. It offers a thorough introduction to drawing, recognizing, and analyzing candlestick charts, and shows how to make more profitable trading decisions by integrating these charts with the power and precision of Western forecasting tools. 200 charts/tables.
Demonstrates practical trading applications of this charting method by combining Western technical analysis, Japanese Candlestick analysis, and computer-aided pattern recognition. Extensive examples of how to apply candlestick analysis to individual markets. In-depth coverage of methods of programming and computer technology necessary to recognize candlestick patterns, using technical studies and indicators to filter these patterns, and the use and development of artificial intelligence and neural networks to combine technical studies and candlesticks into a computer-aided synergistic approach to trading.