Saturday, January 31, 2009
Feedback and update
In the last three months many persons have acquired CandlestickSignal 1.0. It's very important for me improve the software with your feedback to release a new update. Please send your impressions, your critics or compliment. Obviously, as alwais, anyone has acquired or will acquire the software will receive the future "free" update of the program.
Sunday, October 12, 2008
What are candlesticks ?
A candlestick chart is a style of bar-chart used primarily to describe price movements of an equity over time. It is a combination of a line-chart and a bar-chart, in that each bar represents the range of price movement over a given time interval.
Friday, October 10, 2008
How can i read a candlestick ?
Candlesticks are usually composed of the body (black or white), an upper and a lower shadow (wick). The wick illustrates the highest and lowest traded prices of a stock during the time interval represented. The body illustrates the opening and closing trades. If the stock closed higher than it opened, the body is white, with the opening price at the bottom of the body and the closing price at the top. If the stock closed lower than it opened, the body is black, with the opening price at the top and the closing price at the bottom. A candlestick need not have either a body or a wick.
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