Candlestick Forecaster, Master Edition
by John Sweeney
People love candlestick charts but, like Equivolume charts, find interpreting them difficult. Enter the
personal computer: International Pacific Trading's Candlestick Forecaster not only charts the data but
also provides forecasts and interpretations.
The interpretations come from Candlestick Forecaster's library of 41 candlestick types and 750 patterns
stored in memory. Using proprietary artificial intelligence routines, Candlestick Forecaster sorts through
this melange and identifies the item. Not only that, the program also monitors the levels of its standard
indicators and notifies you when they reach extraordinary levels.
To assist in merging conventional analysis with that of candlestick analysis, Candlestick Forecaster also
provides an array of conventional indicators: relative - strength index (RSI), moving averages, Williams'
%R, stochastics and trading bands. The program can also plot volume coincident with price.