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TraderGuard CPR (Candlestick Pattern Recognition) is a fully automated software designed to scan real time data (live) for the presence of almost 70 of the most significant Japanese candlestick patterns. If a pattern is detected based on scan results, TG CPR generates, crucial to investor, trading signals; ultimately predicting future market behavior.
Candlestick charts are one of the oldest type of charts used for price prediction, dating back to the 1700's, when they were used for predicting rice prices.
TraderGuard CPR software performs real time repeating scans in search of patterns with an extraordinary success rate of nearly 96.9% in pattern recognition process.
TraderGuard CPR is generating 3 types of important to investor signals:
1.Trend Signal (Bullish or Bearish)
2.Trend Reversal or Trend Continuation Signal
3.BUY or SELL Signals, based on patterns with confirmation
TraderGuard CPR features
Learning Japanese candlestick patterns is easy. All you need to do is study tons of books, look at thousands of charts, and you're there. Just make sure you still measure forming candlesticks and their relation to each other while you trade and not mistake fake lookalike patterns from real ones.
Just imagine a program which not only knows how to find candlestick patterns, but also makes sure that all preprogrammed criteria for any particular pattern are filled to exclude fake lookalikes. TraderGuard CPR gives you exactly what you need - answer to the old question of "Where are we going now?" - in real time while you are trading. Further, based on confirmed pattern formulas, TraderGuard CPR will generate a BUY or SELL signal.
Generating these crucial to a professional investor signals such as Bearish or Bullish, Trend Continuation or Trend Reversal, BUY or SELL, is exactly what TraderGuard software is designed to do. Pattern recognition is only a fundamental element for generating these signals, and not the main goal of the software.
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