Indicators: Candle Pattern Stats - engulfing, pin bar and inside bar with a rolling historical hit rate
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Candle Pattern Stats - engulfing, pin bar and inside bar with a rolling historical hit rate:
Marks bullish and bearish engulfing, bullish and bearish pin bar and inside bar patterns with arrows, using closed bars only, so nothing repaints. The definitions (wick and body proportions, minimum bar size in ATR) are inputs, with an optional EMA trend filter. For each pattern a small panel shows a rolling historical statistic: the share of the last N resolved cases where price moved X ATR in the pattern direction before moving Y ATR against it, together with the number of cases. X, Y, N and the waiting time are inputs. The numbers describe what happened on your chart history; they do not predict the next trade. Optional alerts on closed bars (popup, push, sound). 20 buffers (signal, hit rate and sample size per pattern) can be read with iCustom(). Uses prev_calculated, deletes its chart objects when removed. Read-only: it never trades. No DLLs, no web requests.
Author: Jefry Francisco Rodriguez Campos