New York, NY -- (ReleaseWire) -- 05/26/2016 --Stock traders have been using candlestick patterns for decades to pin point the best trades. It's always been a long and laborious task to find the best patterns on hundreds of stock charts, until now. The new and intuitive platform at StockMonitor.com has enabled its stock scanner to include hundreds of chart technical analysis indicators and candlestick patterns. This means that with a couple of clicks with a mouse, users are presented with every stock that interests them.
Once the user has scanned for their candlestick patterns, they can add the stocks into watch lists or portfolios, and use advanced technical analysis charts to further decide if the time is right to invest. The platform also enables users to build custom scans combining any pattern or indicator, and set alerts when one is detected.
"We aimed to make technical analysis easy and less time consuming. We think we've accomplished that, our users are benefiting by saving a huge amount of time scanning for that one elusive stock from thousands of charts, and quickly adding them to watch lists for constant monitoring," said Pete Southern of StockMonitor.com, he continued, "It allows them to concentrate on trading and spend less time on the tedious tasks."
How Does StockMonitor Scanner Work?
Inside Stock Monitor users are given an easy to use interface, containing hundreds of pre-set scans. They can combine scans, or easily customize to fit their needs. Once they are saved, that scan is ready to run each time they visit. The scans can also be back tested for performance history, and used to set alerts.
For those interested to learn more about the type of scans available, and how each one works the team at Stock Monitor have an informative blog covering many technical analysis ideas and methods. For further information visit the link here to read about the best candlestick patterns to scan for.
"There are thousands of stocks on the move each day, and it's near impossible to manually analyze them all. Our tool makes it fast and easy to find exactly what you are looking for in a stock, and once you find them, you'll never forget them by using our unlimited watch lists," said Pete Southern.
About Stock Monitor
StockMonitor.com is the all-in-one analysis and tracking tool for UK and USA stocks. It provides traders and investors the tools to detect and pick stocks based on their own personal rules, get alerts, back test and optimize strategies and much more.
