
Candlestick Pattern Recognition (CPR) uses the 5-minute chart time frame more than 90% of the time. The time frame is adequate for 8 hours of trading which is the target of the software to begin with. The traders who trade for a short period of time each day will benefit from Candlestick Pattern Recognition (CPR). Occasionally, the 1-minute time frame is used, but only to anticipate what candle 0 will be in terms of market activities. The MessageBox provides a sample of the analysis of candle 0 while it is still in work in progress. The present version of CPR will not work properly with other time frames. The fractals, the alligators, the averages, and other calculations will be producing unexpected results if CPR is installed in a different time frame. |
| Preferred Chart Time Frame |

