Candlestick charting is a popular tool used by traders to analyze stocks, currencies, and other financial instruments. With the increasing popularity of mobile devices, it has become essential to have a reliable candlestick charting app on hand. In this article, we will explore the best Android app for candlestick charting and its features. This app offers a user-friendly interface with a variety of chart types, indicators, and drawing tools to assist traders in making informed decisions. Whether you are a novice or a seasoned trader, this app offers everything you need to stay on top of your trading game.
We have compiled a list of 6 Best Android App For Candlestick for your consideration, which have undergone rigorous testing and evaluation by our team of experts.
Contents
6 Best Android App For Candlestick
1. Professional Stock Chart
Professional Stock Chart (ChartPro) is a financial application that enables users to track stocks and conduct technical analysis. The application comes with a professional interactive stock chart that offers various features to aid users in their investment decisions. These features include scrollable historical stock data, zoom in/out option, pinch to zoom, crosshair cursor, drawing tools, about 50 technical indicators, line, area, candlestick, OHLC chart types, daily, weekly, monthly bar compression, offline mode, news, alerts, and chart themes.
Furthermore, the application features a stock portfolio section that enables users to track their personal finance. Here, users can keep track of their current profit/loss depending on the purchasing price of the underlying financial instruments. The stock portfolio supports adding new transactions, managing existing transactions, adding dividends, and splits. The value of the portfolio is calculated automatically as the latest quote data is downloaded from the server, providing real-time personal finance. The portfolio section also supports opening both long and short positions.
The stock portfolio features also include the ability to add/remove transactions, add dividends, manage splits, open a stock chart directly from the portfolio, view stock details like 52 high and 52 low, multiple lists, symbol drag & drop, and sorting of symbols. This makes the application suitable for users who want to conduct detailed research before investing in a stock.
2. Candlestick Chart Analysis
The Candlestick Chart Analysis application provides useful information for individuals interested in studying the stock market’s Candlestick Chart. The application covers the basics of Candlestick chart, including topics such as support, resistance, trend, channels, moving average, and indicators. By using this application and learning from examples, individuals can increase their knowledge and gain a better understanding of the key factors that play a crucial role in stock market trading.
It’s important to note that this application does not offer to take trades, nor does it guarantee the stock’s movement. The decision to invest in the stock market is entirely up to the individual. The Candlestick Chart Analysis application is designed for educational purposes only and does not guarantee the accuracy of the information provided.
In conclusion, individuals can utilize the Candlestick Chart Analysis application to expand their knowledge on Candlestick chart and important stock market concepts. However, it’s important to exercise caution when trading and to make informed decisions based on one’s own research and analysis. Always strive to learn and grow financially, and remember to prioritize your health and well-being.
3. Candlestick Patterns
Candlestick patterns serve as a foundation for technical analysis, providing a means to understand various types of charts and technical indicators. Understanding these patterns also allows one to identify potential market trend reversals, as well as capitalize on market trends. By using an app that focuses on candlestick patterns, traders can gain a deeper understanding of price patterns and apply that knowledge to their trades. This can lead to a better understanding of how professional traders make money and can help traders develop and apply trading strategies to achieve profits. The app is free of charge and users are encouraged to rate it positively to assist in spreading knowledge and improving trading opportunities.
4. Candlestick Patterns – Forex
The Forex University app offers a free, complete forex trading course, including advanced candlestick and chart pattern analysis. The app includes three programs – Foundation, Undergraduate, and Postgraduate – with different syllabuses to cater to different levels. Topics covered include price action analysis tools, support and resistance, Japanese candlestick patterns, basic chart patterns, harmonic price patterns, and the Elliott Wave theory. Additionally, the app offers free resources such as a candlestick pattern cheat sheet, pattern diagnostics tool, forex traders lab, forward rate predictor, economic calendar, position sizing calculator, and daily inspirational quotes. The app is exclusively for serious forex traders who truly want to be successful. It is free to download and use.
5. Candlestick Signals & Patterns
Japanese Candlestick charting and analysis is a technical methodology widely used in the universe of technical analysis. The signals generated by this approach are considered highly effective, and can be learned through a fast and easy process.
One of the advantages of this methodology is that investors do not need to be knowledgeable about technical charting to take immediate advantage of the signals. The graphical formation of a signal makes reversals immediately visible.
This app covers a crucial topic in candlestick charting and analysis, namely the stochastics indicator. This is an important tool that many people may not be familiar with.
Although there are more than 50 different candlestick signals in the candlestick universe, investors do not need to learn all of them, as they do not occur with the same frequency. The app focuses on teaching the 15 major signals that are considered to be the strongest reversal signals and occur more frequently.
After learning the major signals and patterns illustrated in this application, investors will be able to identify the most profitable candlestick signals and patterns.
The app is offered for free, and users are encouraged to learn and help others become profitable in the stock market.
In conclusion, this app provides a comprehensive overview of Japanese Candlestick charting and analysis, and is a valuable resource for investors looking to improve their technical analysis skills.
6. Learn Japanese Candlesticks
Japanese Candlesticks serve as the foundation of Technical Analysis. Understanding Candlestick patterns allows traders to delve into technical analysis using various indicator types and chart formats across multiple markets, including stocks, commodities, bitcoin, and forex.
Candlestick patterns are paramount in identifying market trend reversals. The trend is your friend in the trading world, and studying Candlestick patterns can help traders catch and ride the trend.
This App offers insight into price patterns, providing traders with the tools to interpret price action in their trades.
Upon mastering all candlestick patterns, traders can gain insight into how professionals make money. By studying trading strategies, traders can apply these techniques to increase their profits.
This App offers traders the opportunity to learn about investing, stock analysis, day trading, Fibonacci retracement, and Candlestick pattern recognition. It serves as a trader trainer, free of charge, allowing traders to learn and help others excel in trading opportunities.
Happy learning! Don’t forget to rate us five stars.