How Candle Trade works
Candle Trade reads market prices through the broker account you already have, scans them, and shows the results. Here is the whole path, step by step.
1. Create an account
Sign up with your email and mobile number. The 7-day trial starts straight away and needs no card.
2. Connect your broker
In your broker's settings, create the access key meant for market data, then paste it into Candle Trade. We store it encrypted.
3. Scan
Choose a market, a timeframe and a scanner. Results refresh as new candles close.
Connecting your broker
Supported at launch: Dhan and Angel One. Each broker names its developer or API settings a little differently and may change them, so the exact screens are shown inside Candle Trade at the moment you connect. [Confirm the current steps for each broker before launch and list them here.]
- Use the data or API access your broker provides for your own account. Your broker's own terms apply to it.
- Never give anyone your broker login password, PIN or OTP. Candle Trade will not ask for them by email, phone or chat.
- You can remove the key from Candle Trade at any time, and you can also revoke it from your broker's settings.
What Candle Trade reads, and what it never does
Reads
- Prices, volume and open interest for instruments you scan
- Candles built from that data
Never does
- Place, change or cancel orders
- Move or withdraw money
- Share your data with other users
Why your own broker?
Stock exchanges charge very large fees to republish live prices on a public website. By reading data through your own broker account, under your own agreement with that broker, Candle Trade can show live prices without charging for a data licence that would make the plans very expensive. The trade-off is one extra setup step for you.
How a scan runs
- The server receives live prices and builds candles for each timeframe.
- When a candle closes, fixed rules check it for each pattern (see Learn for the exact rules).
- Matches appear in your scanner tables. Open any row to see the chart and the highlighted candles.
The same rules always give the same result. A match describes a shape that formed; it is not a recommendation. See the Risk Disclosure.