Scalping using candlestick patterns.

The main problem when trading using the scalping system is finding points to enter the market; signals for longer time frames do not always work here, so you have to look for your own solutions.

One of the common options is to use candlestick analysis, although this method works more effectively on M5 and M15, and accordingly longer time periods.

Transactions are opened after the appearance of candles or candlestick patterns indicating the continuation of the trend, since it is candlesticks that confirm the trend that give fewer false signals.

Most traders do not want to use candlestick analysis because of its complexity, because you need to remember a lot of combinations, in our case you won’t have to do this, since there is a “ Candlestick indicator ”.

It independently determines the combination and displays it on the chart. All you have to do is wait for a model that confirms the trend and then open a trade in the direction of the existing trend, while in the indicator settings it is possible to limit the appearance of other signals.

It is clear that even with this trading scheme there will be false signals, so you can additionally use the Stochastic indicator .

Trading strategies using Japanese candlesticks are quite simple, and are great for scalping since it requires quick decision making and no time for long thoughts.