Chart Pattern Scanner
Pattern recognition is very important when it comes to technical analysis in trading. Price charts​ display a multitude of data that can be difficult to interpret on your own without pattern recognition software, meaning that you may miss entry or exit points in a trade, or ignore the potential opportunity completely.
This is where our chart pattern scanner on the Next Generation trading platform​​ is useful.
An important part of technical analysis is to understand the price action​ of an asset in a rising or falling trend, as price movements usually signal a new trend. Based on these trading signals, traders can then decide whether to enter, exit or avoid a trade, depending on how promising the trade looks. Trading patterns​​ can also help with where to place stop-loss orders and set profit targets.
Powerful Web & Mobile Platform
Innovative Trading Tools
Secure Trading Technology
Superior Trade Execution
Multiple Pattern Tools
Breakout Patterns, Emerging Patterns & Pattern Performance to track signals generated by Pattern Scanner.
What is Pattern Recognition Software?
Pattern recognition software is designed to identify significant trading patterns, popular within financial markets.
It uses artificial intelligence and algorithms to recognise candlestick patterns within price movements.
Designed to enhance trading accuracy, it helps traders eliminate misdiagnoses of candlestick patterns, especially in volatile markets like forex and shares. Stay ahead of sudden price movements with our reliable chart pattern scanner, ensuring you make informed trading decisions.
Different Pattern Types Available on EqualTrader Platform
Wedge​, channel or triangle pattern scanner
Head and shoulders pattern scanner
Double bottom or top pattern​ scanner
Harmonic patterns scanner
Cup and handle pattern​ scanner
Stock pattern scanner
Embrace the Power of AI
Trading patterns are most commonly displayed on candlestick charts, although we offer a variety of chart types, such as line graphs, bar graphs and Renko charts. This allows you to display your data in the clearest way possible that makes it easier for you to understand.
Open a trading account to make the most of our free candlestick pattern scanner.