Steve Bigalow's Candle Profit System
Exclusive to MetaStock, Steve Bigalow's Candle Profit System is the only Add-on that lets you easily identify Steve Bigalow's unique candle patterns
The Candle Profit System, designed by Steve Bigalow, is comprised of his favorite candlestick signals and pattern formations that have the highest potential for making big profits. These are the patterns that Steve uses in his everyday trading and that he's been teaching for years in his classroom. Many are commonly formed, very easy to follow, and work exactly the same in all time frames;making them ideal for both day traders and long term investors.
Explorations included in the Candle Profit System:
- CPS - Doji Patterns
- Doji at Top
- Doji Best Friend
- Left Right Combo Bullish
- Left Right Combo Bearish
- Series of Doji Bullish
- Series of Doji Bearish
- CPS - Price Patterns
- Fry Pan Bottom
- Fry Pan Bottom with J-Hook
- Bearish Belt Hold
- Bullish Belt Hold
- Top Cradel
- Slow Curve
- T-line Crunch
- CPS - Power Signals
- Bearish Kicker
- Bearish Flutter Kick
- Bullish Kicker
- Bullish Flutter Kick
Expert Advisors Included in the Candle Profit System:
- CPS - Candle Profit System - highlights all patterns. The commentary system identifies all support and resistance patterns and give a clear view of all the available patterns for MetaStock.
The following template is included in the add-on.
- CPS-Bigalow Chart View.mwt - includes all the patterns and indicators that Steve uses in his daily trading.
About Steve Bigalow
Stephen W. Bigalow possesses over thirty years of investment experience, including eight years as a stockbroker with major Wall Street firms:Kidder Peabody & Company, Cowen & Company and Oppenheimer & Company. (Followed by fifteen years of commodity trading, overlapped with twelve years of real estate investing) He holds a business and economics degree from Cornell University, and has lectured at Cornell and at many private educational investment functions over the past thirty years.
Mr. Bigalow has advised professional traders, money managers, mutual funds and hedge funds, and is recognized by many in the trading community as the "professional's professional." He is an affiliate of the "Market Technicians Association". (mta.org - A non-profit association of professional technical analysts) and a member of AAPTA, the American Association of Professional Technical Analysts. (aapta.us)
His first book, Profitable Candlestick Trading:Pinpointing Market Opportunities to Maximize Profits, published by John Wiley & Sons, hit the market in January 2002. The book is directed towards the new investor all the way up to the most sophisticated professionals. It demonstrates a wealth of information, about price movement and the investor psychology, built into the Candlestick signals. Mr. Bigalow's second book, High Profit Candlestick Patterns:Turning Investor Sentiment into High Profits, released in December 2005. This book takes trading to the next level, combining the proven results of Japanese Candlestick charting with effective Western technical analysis. The self-mastery of profitable investing simplified by visual evaluations. His latest book released the end of 2010, Candlestick Profits:Eliminating Emotions with Candlestick Signals, explores the reasons most investors do not make money in the markets. While there are many books on trading methods, this one takes on what happens in the human psyche that prevents investors from making consistent profits.
Throughout his investment career, Mr. Bigalow has directed his investment acumen towards developing improved methods for extracting profits from the investment markets. His research, encompassing all fundamental and technical methods, resulted in verifying that Candlestick analysis was superior to any other method. In consulting with money management and energy trading firms, he has successfully combined conventional research methods with Candlestick analysis that greatly enhance investment returns. His implementation of statistical analysis with the Japanese Candlestick methodology has produced some unique successful trading programs.
Please review our add-on compatibility table to see which versions of MetaStock these add-ons work with.