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Candlestick Charts

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**This video is for demonstration purposes only and is not a recommendation to buy or sell any particular financial instrument. There is risk of loss trading Stocks, Futures, Forex, or Options.

Candlesticks Trading Patterns Made Easier!

Japanese Candlestick Charts are on record as being the oldest type of charts used for price prediction, dating back to the 1700's, when they were used for predicting rice prices.

In Track 'n Trade, you have the ability to click, select, and customize your favorite candle patterns, and have Track 'n Trade find, identify, and even auto-trade each signal through our famed Autopilot Trading System.

Japanese Candle Trading Patterns:

Click, select, and customize your favorite Candlestick patterns.
Detects 18 different Bullish & Bearish Patterns.
Track 'n Trade Automatically finds and identifies each individual pattern.
User-definable: change, modify, and refine each patterns specifications individually. Define the perfect candle pattern.
On-the-fly recognition, no historical scanning required. (Track 'n Trade throws Candlestick buy/sell Signals in real-time.)
Available for Stocks, Futures, and Forex Traders.
Learn to recognize and review patterns yourself, by having Track 'n Trade highlight which bars make up each individual pattern.
Turn on Candlestick labels; on-screen text that identifies the name of each candlestick pattern
turn on/off Candlestick buy/sell arrows, which indicate bullish/bearish trends.
Complete color control, to adhere to any screen background, or printed chart.
Save and retrieve personal custom settings, and with one-click return to factory default settings

Automatically Identify Bullish & Bearish Trends Using The Candlestick Auto-Recognition Plug-in**

Candlestick Chart Filters Are Completely User-Definable

Custom Japanese Candlestick Chart Filters, user-definable filters are important in two aspects:

Determine what exactly is a "candlestick" formation, and what constitutes a "good" signal.
Track 'n Trade allows the trader to define the individual bar sizes, and relationships one bar to the next, giving complete control to "weed-out" the less-then-optimal signals.
Determine which signals provide the best chance at capturing the beginning or end of a large move in the market.
Track 'n Trade uses moving average filters to help determine which signals are at the beginning or end of a trend, or are just "noise" signals that are occurring within the trend.

Full customization of colors, tags, labels and signals are key to any traders approach to the market, and Track 'n Trade is fully customizable. Make Track 'n Trade look and feel exactly like you want to accommodate even the most particular points of view and interest.

Common Candlestick Pattern Examples
	Hanging Man A black or a white candlestick that consists of a small body near the high with a little or no upper shadow and a long lower tail. The lower tail should be two or three times the height of the body. Considered a bearish pattern during an uptrend.		Hammer A black or a white candlestick that consists of a small body near the high with a little or no upper shadow and a long lower tail. Considered a bullish pattern during a downtrend.
	Inverted Black Hammer A black body in an upside-down hammer position. Usually considered a bottom reversal signal.		Inverted Hammer A black or a white candlestick in an upside-down hammer position.
	Morning Star Consists of a large black body candlestick followed by a small body (black or white) that occurred below the large black body candlestick. On the following day, a third white body candlestick is formed that closed well into the black body candlestick. It is considered as a major reversal signal when it appears at bottom.		Evening Star Consists of a large white body candlestick followed by a small body candlestick (black or white) that gaps above the previous. The third is a black body candlestick that closes well within the large white body. It is considered as a reversal signal when it appears at top level.
	Morning Doji Star Consists of a large black body candlestick followed by a Doji that occurred below the preceding candlestick. On the following day, a third white body candlestick is formed that closed well into the black body candlestick which appeared before the Doji. It is considered as a major reversal signal that is more bullish than the regular morning star pattern because of the existence of the Doji.		Evening Doji Star Consists of three candlesticks. First is a large white body candlestick followed by a Doji that gap above the white body. The third candlestick is a black body that closes well into the white body. When it appears at the top it is considered as a reversal signal. It signals more bearish trend than the evening star pattern because of the doji that has appeared between the two bodies.
	Piercing Line Consists of a black candlestick followed by a white candlestick that opens lower than the low of preceding but closes more than halfway into black body candlestick. It is considered as reversal signal when it appears at bottom.		Dark Cloud Cover Consists of a long white candlestick followed by a black candlestick that opens above the high of the white candlestick and closes well into the body of the white candlestick. It is considered as a bearish reversal signal during an uptrend.
	Engulfing Bearish Line Consists of a small white body that is contained within the followed large black candlestick. When it appears at top it is considered as a major reversal signal.		Engulfing Bullish Line Consists of a small black body that is contained within the followed large white candlestick. When it appears at bottom it is interpreted as a major reversal signal.
	Three White Soldiers Consists of three long white candlesticks with consecutively higher closes. The closing prices are near to or at their highs. When it appears at bottom it is interpreted as a bottom reversal signal.		Three Black Crows Consists of three long black candlesticks with consecutively lower closes. The closing prices are near to or at their lows. When it appears at top it is considered as a top reversal signal.
	Bullish Harami Consists of an unusually large black body followed by a small white body (contained within large black body). It is considered as a bullish pattern when preceded by a downtrend.		Bearish Harami Consists of an unusually large white body followed by a small black body (contained within large white body). It is considered as a bearish pattern when preceded by an uptrend.
	3 Outside Up Consists of a black candlestick followed by a large body white candlestick with its high and low engulfing the previous bar. It is considered as a bullish pattern when the third candle closes higher.		3 Outside Down Consists of a white candlestick followed by a large body black candlestick with its high and low engulfing the previous bar. It is considered as a bearish pattern when the third candle closes lower.
	3 Inside Up Consists of a large body black candlestick followed by a small body white candlestick which is engulfed within the high and low of the previous candlestick. It is considered as a bullish pattern when the third candle closes higher.		3 Inside Down Consists of a large body white candlestick followed by a small body black candlestick which is engulfed within the high and low of the previous candlestick. It is considered as a bearish pattern when the third candle closes lower.