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ST Candlestick Patterns

The ST Candlestick Patterns indicator detects and highlights bullish and bearish candle patterns on a chart.


Parameters

  • font_size - font size
  • bearish_color - color for bearish patterns;
  • bulish_color - color for bullish patterns;
  • font_name - font name for pattern labels;
  • resistance - display resistance levels based on patterns;
  • gap - consider a GAP when analyzing a chart;
  • Candlesticks_VeryBig - highlight very big candles;
  • Candlesticks_Big - highlight big candles;
  • Candlesticks_Tall - highlight tall candles;
  • Candlesticks_Medium - highlight medium candles;
  • Candlesticks_Small - highlight small candles;
  • Doji - highlight Doji candles;
  • Harami - highlight Harami candles;
  • Shooting_star - highlight Shooting Star candles;
  • Hammer - highlight Hammer candles;
  • Double_fractal - highlight double fractals;
  • Rising - highlight Rising pattern;
  • Falling - highlight Falling pattern;
  • Morning_star - highlight Morning Star pattern;
  • Evening_star - highlight Evening Star pattern;
  • Crows - highlight Crows pattern;
  • Soldiers - highlight Soldiers pattern;
  • Engulfing - highlight Engulfing pattern;
  • Piercing - highlight Piercing pattern;
  • BreakAway - highlight BreakAway pattern;
  • Inside_down - highlight Inside Down pattern.


Supported patterns

  • Candlesticks_VeryBig - detect and highlight abnormally big candles
  • Candlesticks_Big - detect and highlight big candles
  • Doji - detect and highlight Doji candles
  • Harami - detect and highlight Harami candles
  • Hammer - detect and highlight Hammer candles
  • Double_fractal - detect and highlight double fractals
  • BreakAway - reversal pattern. The breakthrough (from 2 to 4 bars) is defined by a breakthrough line
  • Rising - bullish pattern (growth from 2 to 5 bars)
  • 3 Soldiers - bullish pattern, three consecutive bullish candles
  • Morning_star - bullish pattern, Morning Star
  • Piercing - bullish pattern, Piercing
  • Shooting_star - bearish pattern based on three bars breaking through downwards
  • Falling - bearish pattern (fall from 2 to 5 bars)
  • Evening_star - bearish pattern, Evening Star
  • 3 Crows - bearish pattern, three consecutive bearish candles
  • Engulfing - bearish pattern, Engulfing


Application

The indicator is used to find the most convenient market entry point. It is recommended to enter the market after a few appropriate patterns are formed on two or more timeframes.

Maksym Mudrakov
11793
2016.08.30 17:39 
 

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esora
34
2016.04.20 10:41 
 

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