How can it be overrated ? Everything in trading depends on candlesticks. By looking at the candlestick charts, you can determine when it is good to invest or when it is bad. How would we get the signals if there was no candlestick? I think this question has no logic because trading analysis fully depending on candle stick . So I can't agree with that it's overrated.
You would definitely needing it because the main thing that you would really need to look into whenever you do trade is into those candlesticks which we can say that it would really be just in default where you can
see these things and it would really be just relevant if you do really know on how to read up with those indicators on adding it up and since it is provided then you are the ones who should really place up and make
out some analysis through it and make out some immediate actions in correlation to it.I dont know about being overrated yet considering that this is just a typical stuff
that you do need up to read for you to know on what would be your next steps.