V. 9:13 (536-536): Quick-Scans: CANDLESTICK FORECASTER V. 1.21
Product Description
QUICK-SCANS
CANDLESTICK FORECASTER V. 1.21
Intentional Pacific Trading Company
30011 Ivy Glenn, Suite 125
Laguna Niguel, CA 92677
(800) 347-5311
Product: Candlestick charting program
Price: $249
Requirements: DOS machine with 512K RAM, one floppy disk drive, CGA, EGA, VGA or MCGA,
20-megabyte drive, Epson or HP Laserjet printer
Another entry into the candlestick recognition race is now a solid one. Our initial look at this program
showed some work to be done, but the latest versions merit a new look, as most of the bugs have been
worked out. What remains is a fast, accessible—and educational—program for analyzing price data for
classic candlestick patterns.
Most Western analysts studying candlesticks are (1) innately suspicious that anything new is really to be
found and (2) overwhelmed by the myriad patterns and their funny names. However, the major
achievement of this program is that these patterns can be recognized by a computer, which is more than
can be said of a flag or a head-and-shoulders pattern. In that respect, candlesticks are ahead of the game.
That being the case, what does this program do for you?
Candlestick Forecaster will read its native format or data fromTechnicalTools or Future Source. No
special download feature is required. Upgrades allowing access to data from CSI and CompuTrac data
are on the way but not seen here yet, though for some reason the choices are listed on the data menu.
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