"A powerful free tool seamlessly integrated in the trading platform!" - PD
The free WHS TechScan tool is capable of detecting 20 candlestick patterns. WHS TechScan scans shares on 10+ stock markets (UK, US, Germany, France, Italy, ...) as well as 120+ forex pairs (EUR/USD, EUR/GBP, ...) and 30+ market indices (FTSE, Dow, S&P500, ...). It is a superb tool to identify swing trading opportunities.
Candlestick patterns can confirm the continuation of a trend or announce its imminent reversal. Below is a detailed explanation of each candlestick pattern. In addition, once you identify a share, an index or a forex pair which looks interesting, you can also consult its recent history of trading signals based on technical indicators and market statistics.