The Trader’s Ultimate Companion!
Eliminate emotional trading and master risks management with Candlestick TradePal. Plan your trade, trade your plan!
Why Candlestick TradePal
Explore value in different candlesticks timeframes
Develop skills in identifying value, risk, and opportunity across candlestick timeframes and trading zones.
Summarize your strategy into a written plan
Automatically generate a written trading plan as it aligns with your defined risk-reward goals.
Back-test and simulate without trading platform
Quickly refine profits and losses by testing quantities, stop losses, and profit targets before live trading.
Check overall trade performance
Eliminate manual calculations and stay focused on trading your strategy.
Define your risk for every trade
Assess the risk-reward ratio of trades to determine their worthiness.
Analyze with choice of currency
Analyze various commodities and select preferred currency for trading.
Identify stop loss, & profit taking
Generate stop loss from defined risk and profit goals.
Evaluate potential trades quickly
Use simple metrics to rate and analyze trades.
Simulate prices with percentages
Simulate price changes using percentage adjustments.
FEATURES
Multi Market Support
Customizable Risk Tolerance Settings
Intuitive Real-Time Data Processing
Profit and Loss Projections
Stop-Loss and Take-Profit Calculation
Position Sizing Recommendations
Trade Analysis and Review
Scenario Testing and Simulation
User-Friendly Interface
Easy Reporting Summary
Continuous Improvement and Updates
Frequently Asked Question
Candlestick TradePal is a precision risk-management, technical analysis, and back-testing tool that lets you plan trades within candlestick timeframes or trade setups.
It provides trade outcome predictions based on your defined risk, ensuring you never lose more than intended while maximizing profit opportunities. You can simulate or analyze past and future trades in seconds while improving your risk management practices.
Essential for both new and experienced traders, as well as active investors. If you trade using candlesticks and prioritize disciplined risk management, this tool is indispensable before and after placing trades.
It offers risk management solutions to combat emotional trading by providing immediate performance feedback of your generated plan before executing it. Overtime, you become more disciplined as you understand your strategy worthiness.
Yes, it applies your risk tolerance (cash amount or percentage) to generate profit targets, stop-loss, and share/contract quantities accordingly, while rating your plan.
No, Candlestick TradePal is not a trading platform, but it helps provide information for making planned trade decisions.
Stocks, options, futures, futures options, crypto and forex markets.
Back test, simulate, analyze, and plan your trades for as low as a $24.99 / month.
Yes. There are no contracts or commitments. Cancel anytime and you will not be billed in your next cycle.
Log in to your account or signup to gain access. For more help, access our quick guide on the Help Center page or click here to sign up.