• METASTOCK FOR WINDOWS
In my article in this issue, “Coding Candlesticks (II),” I
continue with a discussion of my method for quantitatively
analyzing candlestick charts, a discussion I began in the
November 1999 issue of STOCKS & COMMODITIES with my
original article, “Coding Candlesticks.” My approach is to
assign values to each candlestick, so that candlestick charting
will lend itself better to analysis with indicators, pattern
recognition, and trading systems.
Here is the code for the CandleWeight indicator I discuss
in this month’s article.