Candlestick Pattern Identifier (Beta Testing, Need Feedback)

[B]Candlestick Pattern Identifier (Beta Testing, Need Feedback)[/B]

FXCM’s programming services team has created a new indicator which identifies candlestick patterns. Before we release it on the FXCM App Store, we would like to give members of this forum exclusive access during the beta period. Any feedback you can provide in return, whether you love it or hate it, would be greatly appreciated!

The app is designed to scan for the following candlestick patterns:

[ul]
[li]Hammer
[/li][li]Inverted Hammer
[/li][li]Shooting Star
[/li][li]Hanging Man
[/li][li]Doji
[/li][li]Spinning top
[/li][li]Bearish Engulfing
[/li][li]Bullish Engulfing
[/li][li]Dark Cloud Cover
[/li][li]Piercing Line
[/li][li]Bearish Harami
[/li][li]Morning Star
[/li][li]Evening Star
[/li][/ul]

Here’s an example of the indicator scanning for Morning Star and Evening Star candlestick formations.

[B]Step 1: Download & Install the Indicator[/B]
Click Here to download the indicator. The zip file downloaded contains a PDF with instructions on how to set it up. You simply need to double click the FXCM_Candlestick_Patterns.exe file to begin installation.

[B]Step 2: Add the Indicator to a Chart[/B]
This indicator is available exclusively on FXCM’s Trading Station desktop platform. Once installation is complete, the indicator will be located in the indicators list in the Marketscope charts on the Trading Station desktop platform.