Predictive stock charts

[Navin Agrawal]

Hello friends...

I am sure there are many experts on the forum who have their self designed models / systems for stock / commodity / currency analysis....

Recently I came across someone who had made a predictive Japanese Candlestick chart (daily candle stick) for next next 3 months and claims that it has worked for him in the past....

Does anyone on the forum know how predictive Japanese Candlestick chart can be created for stocks / indices???

[MrShorty]

I put "predictive japanese candlestick chart" into my favorite internet search engine and found several discussions (not necessarily Excel related) about using candlestick charts to make investment decisions. For example:
http://www.investopedia.com/articles...k-patterns.asp
http://www.tradesmartu.com/blog/cand...-bullish-move/

[Navin Agrawal]

Thanks but i am looking specifically on how to create predictive candles.

I put "predictive japanese candlestick chart" into my favorite internet search engine and found several discussions (not necessarily Excel related) about using candlestick charts to make investment decisions. For example:
http://www.investopedia.com/articles...k-patterns.asp
http://www.tradesmartu.com/blog/cand...-bullish-move/

[MrShorty]

I'm not sure exactly what your question is.

This page http://peltiertech.com/Excel/ChartsH...s.html#StdOHLC shows a few different techniques for generating candlestick style charts in Excel (some of the specific instructions are for 2003 and earlier. The basic ideas should be the same in 2007, once you find the commands on the ribbon). I'm not sure exactly what you are looking for, but see if any of those techniques help you generate the chart you are looking for.